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Caledonia Mining in early talks to increase stake in Blanket mine

Steve Curtis, chief executive of Caledonia Mining Corporation PLC (LON:CMCL), tells Proactive they achieved a new production record at the Blanket mine in Zimbabwe, unearthing 56,133 ounces of gold in 2017, some 11.5% more than in the preceding year.

Curtis also discusses the recent moves to relax the indigenisation policy in Zimbabwe and how Caledonia plans to take a much larger stake than it currently has in Blanket.

Quick facts: Caledonia Mining Corporation PLC

Price: - -

AIM:CMCL
Market: AIM
Market Cap: -
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Caledonia Mining Corporation present at the Proactive One2One virtual forum

Caledonia Mining Corporation PLC's (LON:CMCL) Mark Learmonth presents the company to investors at the Proactive One2One Virtual Conference. Caledonia's a profitable, cash generative gold producer, with a strong growth profile. Their primary asset is the Blanket Mine in Zimbabwe which...

3 weeks ago

2 min read