Caledonia Mining Corporation missed its first quarter (Q1) 2023 gold production target after Blanket Mine slumped by 13 percent to close with 16 036 ounces against 18 515 ounces realized same period last year. The decline was caused by mechanical breakdowns and logistical issues which the
Victoria Falls Stock Exchange (VFEX)-listed resource group, Caledonia Mining Corporation Plc has announced a quarterly dividend of 14 US cents on each of the Company's shares. The dividend will be paid to shareholders on April 28, 2023. Mark Learmonth, the Chief Executive Officer of Caledonia, said
Victoria Falls Stock Exchange listed Caledonia Mining Corporation has today completed the acquisition of gold mining concern Bilboes Gold Limited in a development that consolidates the company's position as a leading player in the sector. Speaking on the development, Caledonia Chief Executive Officer, Mark Learmonth, said
Zimbabwe’s mining sector is set to invest a minimum cumulative US$ 1 billion into various capital projects next year, a report has said. According to the Mining Industry Prospects for 2023, State of Mining Industry Report launched today, of these capital projects, 72 percent are expected
263Chat · Caledonia Acquires 28.5% Stack In Bilboes Gold Limited Caledonia Mining Corporation has signed an agreement to purchase 5,123,044 shares of Bilboes Gold Limited, representing approximately 28.5 percent of Caledonia’s fully diluted equity, and a 1 percent net smelter royalty (“NSR”) on the project’s revenues Bilboes
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
New York Stock Exchange-listed company Caledonia Mining Corporation Plc has declared a quarterly dividend of US$0.14 per share. This comes on the backdrop of last year's successful commissioning of the Central Shaft which boosted production at the Canadian firm's Gwanda subsidiary, Blanket Mine. In a statement, Caledonia
Caledonia Mining Cooperation has reported a new quarterly production record for its Gwanda-based subsidiary, Blanket Mine during the three months to September (third quarter) which reached 18,965 ounces of gold from 15,155 ounces realized same period last year following the commissioning of a new Central
The Victoria Falls Stock Exchange (VFEX) is set for a major boost following crocodile breeder, Padenga Holdings and miner, Caledonia Mining Corporation Plc announcements for an imminent listing and trading on the bourse. The VFEX was launched last year with the aim of creating a regional
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
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