Gold producer, Caledonia Mining Corporation has announced a record production of 67,476 ounces at its Gwanda subsidiary, Blanket mine for the year ended December 31, 2021.
The robust gold production corresponded with gross revenue of $121 million from 100 million recorded in 2020 and a gross
Gold producer, Caledonia Mining Corporation has announced a zero cost contract to hedge approximately 25 percent of its 2022 target gold production at Blanket Mine via a cap and collar hedging contract for 20,000 ounces of gold over a period of five months from March
Gwanda Community Share Ownership Trust (GCSOT) is set to receive its 10 percent dividend from Blanket Mine, a subsidiary of Caledonia Mining Corporation Plc.
In 2012, Caledonia Mining Corporation facilitated the ownership of 51 percent of Blanket mine by indigenous Zimbabweans in accordance with the prevailing
New York Stock Exchange Listed miner, Caledonia Mining Corporation which owns Blanket Gold Mine in Gwanda has announced an increased quarterly dividend of US$0.13 on each of the Company's shares riding on positive outlook for the business.
This represent an eight per cent increase from the
Higher gold price rescued the New York stock-exchange listed company, Caledonia Mining Corporation after its first quarter ended March 31,2021 results reported poor production at its Blanket Mine in Gwanda.
The company recorded gross revenues of US$25.7 million against $23.6 million realized in the corresponding quarter
Caledonia Mining Corporation has announced its fifth quarterly dividend increase in the last 18 months with the latest gain taking the price of shares to US$0.12 each, company Chief Executive Officer Steve Curtis has said.
Speaking on the announcement, Curtis indicated that the development is reflective
Caledonia Mining Corporation Plc has announced a US$46,6 million profit at its Blanket Mine for the year ended December 31, 2020 despite the COVID-19 factor that wreaked havoc across the globe.
The US$46,6 million profit represents almost 50 percent higher profit than 2019's US$31,1 million.
Caledonia Mining Corporation has recorded an unprecedented total of 57,899 ounces of gold production at its Blanket Mine in the year ended 31 December 2020.
This is despite setbacks caused by the COVID-19 pandemic which saw Zimbabwe effecting a total lockdown to try and curb the
The completion of the equipping phase of the central shaft at Caledonia Mining Corporation-owned Blanket Mine has placed the company on realizing of its targeted 45 percent increase in gold production, the company Chief Executive Officer Steve Curtis has said.
In a statement released by the
The recent signing of a memorandum of understanding between government and global gold miner, Caledonia Mining Corporation is set to give traction to the country's US$ 4 billion gold economy target by 2023, it has emerged.
The MOU, will allow Caledonia to evaluate mining rights, properties