FTSE 100 closes positively as Wall Street rebounds, but Russian stocks hit
The UK blue chip share index finished around 11 points higher at 7,194
Company
Caledonia Mining Corporation PLC
LON:CMCL
Caledonia Mining Corporation Plc is a Zimbabwean focused exploration, development and mining corporation. The company owns a 64% stake in the gold-producing Blanket Mine, 100% stakes in the Bilboes Sulphide Project and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. After increasing the production at Blanket to 80,000oz in 2022, its main focus areas are to maintain production at around 75-80,000oz at Blanket, progress the Bilboes project and become a multi-asset gold producer in Zimbabwe.
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Caledonia Mining set for significant earnings boost from Zimbabwe tax change
“It is very pleasing to see the government delivering on previous policy statements to promote investment in the sector”
FTSE 100 closes positively, just, but miners weigh
The blue-chip benchmark closed up around three points at 7,034, with the big cap miners lagging
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Caledonia Mining’s largest shareholder increases stake after record production
The mining and exploration company said the stakeholder, Allan Gray, now holds a total of 2,130,668 shares in the company
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Caledonia Mining achieves new production record at Blanket gold mine
“The production difficulties which we encountered in the first half of the year were identified and addressed and it was pleasing to see that these remedial measures resulted in Blanket achieving consecutive production records in the third
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Caledonia expresses sincere condolences after fatality, closes section of Blanket mine
The accident occurred on the night shift of February 23
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Caledonia Mining started with 'buy' at broker Cantor as Blanket continues ramp up
Earlier this month, the firm released details of another record quarter at the 49%-owned Blanket mine
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Caledonia Mining notches consecutive records at Blanket gold mine in Zimbabwe
Miner produced 31,000 oz of gold in second half of 2017
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Caledonia declares regular quarterly dividend as production guidance stays at around 55,000 ounces
Caledonia's dividend payments are continuing, as expansion takes production at Blanket up a level
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Caledonia boosts production and revenues at Blanket gold mine
Profits from gold mining at Blanket rose as costs fell
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Caledonia Mining to extend central shaft at Blanket mine after resource upgrade
The central shaft is currently under construction and will now be extended by a further 250 metres
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Caledonia Mining ups resources at Blanket mine for sixth successive year
The miner is modifying the current life-of-mine plan at Blanket to include the new ounces
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Caledonia Mining announces record quarterly gold production from Blanket Mine in Zimbabwe, raises 2017 guidance
The AIM-listed firm said approximately 14,389 ounces of gold were produced during the quarter, 15% higher than the previous quarter and 7% higher than the corresponding quarter of 2016
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Caledonia Mining maintains dividend guidance for 2017
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Caledonia Mining on schedule with Blanket ramp up
Caledonia retains operational control of Blanket and ownership of 49% of the mine in Zimbabwe
Caledonia Mining Corporation expects production uptick in second half
The Zimbabwe-based miner produced approximately 12,522 ounces of gold from the Blanket mine
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Caledonia reports fatality at Blanket
There has been an accident at the Blanket gold mine near Bulawayo in Zimbabwe
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Caledonia Mining's profits double as production and gold price rise
Output totalled almost 12,800oz, up from 10,800oz, with costs US$30 per oz lower at US$659
Caledonia Mining tweaks production guidance as development work progresses
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Caledonia Mining on track to hit targets in 2017 as quarterly production at the 49%-owned Blanket mine rose by 18%.
Some 12,794 ounces of gold were produced, putting it on track for annual production of 60,000 ounces.
Caledonia Mining achieves record fourth quarter gold production
Caledonia Mining expects to achieve a 19% increase in 2017 production as it continues to ramp up the Blanket mine in Zimbabwe
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Caledonia Mining confident of earnings uplift as production hits record
Over the year, the mine produced 50,351 ounces, up 17.6%
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Caledonia Mining an AIM rarity - a dividend paying gold junior
The distribution of cash comes as Caledonia continues to invest in ramping up production from the deeper lying mineralisation at the Blanket Mine.
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Caledonia Mining says no impact from Zimbabwe's new bond notes
The RBZ, Zimbabwe’s central bank, announced the introduction of the new notes at the weekend with distribution beginning yesterday.
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Caledonia Mining enjoys another quarter of record production
"We continue to see the benefits of our investment in the mine over the past two years," said Steve Curtis, Caledonia’s president and CEO
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Average grade in October was below expectations, but this is temporary. the gold miner said.