Caledonia to spend US$22m on capex
The miner had initially halted capex spending after disappointing production results in late 2023 and the first six weeks of 2024
By Tatira Zwinoira
Aug. 30, 2024
Caledonia boss speaks on BlackRock’s strategy
Caledonia’s share price has experienced fluctuations throughout the year.
By Tatira Zwinoira
Aug. 16, 2024
Caledonia on track to meet target at Blanket Mine
Blanket Mine is Caledonia’s main gold producer.
By Tatira Zwinoira
Aug. 13, 2024
Blanket Mine glitters after 13% surge in gold output
Blanket Mine produced 17 050 ounces, while Bilboes Oxide Mine contributed 426 ounces.
By Mthandazo Nyoni
Jul. 11, 2024
Gross profit at Caledonia up 138%
The Caledonia chief said work to refresh the existing study for the large-scale sulphide project at Bilboes was well-advanced
By Mthandazo Nyoni
May. 14, 2024
Caledonia revenue to grow by 17% in FY24
Margins are expected to improve in the year, with earnings before interest, taxes, depreciation and amortisation (EBITDA) firming up to 43,3%
By Mthandazo Nyoni
Apr. 30, 2024
Caledonia appoints new chief operating officer
In a statement, Caledonia chief executive Mark Learmonth said Mufara boasts of over 25 years experience in the mining sector in southern Africa, including 13 years in leadership
By Melody Chikono
Apr. 9, 2024
Caledonia decries high operating costs
In relation to non-operating costs, general and administrative costs rose with global inflation and these also included higher than expected staff termination costs.
By Mthandazo Nyoni
Mar. 5, 2024
US company raises stake in Caledonia
Its shareholding in Caledonia is through the miner’s primary listing on the New York Stock Exchange.
By Tatira Zwinoira
Feb. 2, 2024
