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
Caledonia Mining Corporation recorded gross profit of US$9.2 million at its Blanket Mine in the financial results for the second quarter ended June 30, 2020 representing a 30 percent increase from the US$7.0 million from the corresponding quarter in 2019. Commenting on the results, Caledonia Mining
Listed bullion producer, Caledonia Mining Corporation says gold production at its Blanket Mine grew 6.2 percent to reach 13 499 ounces in the quarter ending June 30, 2020 from 12 712 ounces realized in the comparable quarter despite disruptions to production necessitated by the Covid-19 lock
Caledonia Mining Corporation has announced an increased quarterly dividend of eight and a half United States cents (US$ 0.085) on each of the Company's common shares. This represents a cumulative 24% increase since October 2019. In a statement released today, the company indicated that stable production, a
ZSE-listed gold-mining concern, Caledonia Mining Corporation expects higher than expected earnings for 2019 on account of improved gold price, enhanced production and capped operating costs. This is despite earlier projections of leaner earnings for the period. The Company will publish its 2019 full year results on or
Caledonia Mining Corporation has increased its shareholding threshold in Blanket Mine to 64 percent after purchasing an additional 15 percent shares from Fremino Investments. This follows reversal of the Indigenisation and Economic Empowerment Act by President Emmerson Mnangagwa's administration. In a bid to comply with the Act
Caledonia Mining Corporation Plc has successfully installed and commissioned a new oxygen plant at the Blanket Mine which is expected to improve metallurgical recovery and reduce cyanide consumption at Blanket. Based on test work conducted, it is anticipated that the plant will improve overall metallurgical recoveries at
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