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Search results: price of gold
Caledonia raises $5.8m in Zimbabwe placing
Gold miner Caledonia Mining Corporation has announced the conclusion of a placing that raised $ 5.8 million on the Victoria Falls Stock Exchange.
The Zimbabwe placing received strong support from new and existing institutional investors, with a total of...
Caledonia: result of Zimbabwe placing & Issue of deferred shares
Caledonia Mining Corporation Plc today announced both the results of the Zimbabwe Placing, and also the issue of the deferred shares in relation to the Company's acquisition of Bilboes Gold Limited.Result of Zimbabwe Placing
Caledonia is pleased...
New Mines and Minerals Law a welcome game changer, but massive room exists for improvements
After years of debates and uncertainty, the Government finally gazetted the Mines and Minerals Bill in February 2023 to replace the current Mines and Minerals Act .By James Tsabora PhDThe current Mines and Minerals Act is...
Caledonia sees a large increase in short interest
Caledonia Mining Co. Plc (NYSEAMERICAN: CMCL) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 41,300 shares, an increase of 16.7%...
Interview: Tongai Muzenda MMCZ General Manager
Minerals Marketing Corporation of Zimbabwe (MMCZ) General Manager Mr Tongai Mzenda interview.
Can you please tell us about yourself and as the person at the helm of the Minerals Marketing Corporation of Zimbabwe (MMCZ) what does your...
Zimbabwe, a country with plenteousness of minerals
ZIMBABWE is home to 60 different types of minerals, 40 of which have been traditionally exploited to varying degrees.Platinum group metals (PGMs), chrome, gold, coal, and diamonds are the main minerals. Other minerals found in the...
Ten advantages of government getting royalties in the form of minerals
The Government of Zimbabwe has recently gazetted that half of the mineral royalties for gold, diamonds, platinum group metals (PGMs) and lithium will be paid in the commodities themselves and the remaining half paid in cash...
Zephyr Minerals Grants Stock Options
Zephyr Minerals Ltd. (TSXV: ZFR) has granted 1,200,000 stock options to consultants and directors and officers of the Company.The stock options are exercisable at a price of $0.11 per share for a term of five years expiring January 17,...
Caledonia completes the acquisition of Bilboes, announces Gapare Executive Director
Caledonia Mining Corporation PLC said it has completed the acquisition of Bilboes Gold Limited, the parent company which owns, through a subsidiary, the Bilboes gold project in Zimbabwe.Kelvin SungisoIn a statement, Mark Learmonth, the company's chief executive officer, said:...
The small-scale sector should not be left behind in the lithium revolution
Yesterday government gazetted Statutory Instrument (SI) 213 of 2022 which stated that no lithium-bearing ores, or un-beneficiated lithium whatsoever, shall be exported from Zimbabwe to another country except under written permission of the Minister.The ban however...
Blackouts cripple RioZim operations
RioZim Limited (RioZim) says power supply challenges remain a key risk to the sustainability of its operations.
Despite the company putting in place diesel generators to lessen production stoppages, in its trading update for the third quarter...
60/40 the elephant in the room is growing by the day
While the Mining industry races to reach annual revenue of US$12 billion by the end of 2023, the 60% foreign currency retention for large-scale producers might be a major cause to upset the achievement of the...



