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”
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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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