Articles tagged 'caledonia'

Blanket reviews targets 25 October 2018 HARARE - Caledonia Mining Corporation (Caledonia) has adjusted gold production at its Blanket Mine (Blanket) in Zimbabwe from 54 000 to 56 000 ounces. Caledonia's chief executive officer Steve Curtis said the production of 13 978 ounces in the third quarter ended September 30, 2018 is a welcom...
Blanket 'covers' Caledonia 22 September 2018 HARARE - Caledonia Mining Corporation (Caledonia) has received a boost after its Zimbabwe-based Blanket Mine increased total resources by 86 percent to almost 1,8 million ounces. Steve Curtis, Caledonia's chief executive, said the substantial increase in inferred resources, at a grade of 4,5 g...
Caledonia intensifies safety measures 14 August 2018 HARARE - New York Stock Exchange-listed resources firm Caledonia Mining Corporation (Caledonia) says it has intensified efforts to strengthen safety measures at its Zimbabwean unit, Blanket Mine, after four people died in fatal accidents in the last 18 months. Steve Curtis, the Caledonia chief...
Caledonia cash flow up 296pc 15 May 2018 HARARE - London Stock Exchange-listed resources firm, Caledonia Mining Corporation (Caledonia), says its cash from operating activities surged by 296 percent to $7 million in the first quarter from $1,77 million in the 2017 first quarter due to “substantial increase in cash from operating activit...
Housing project transforms Caledonia 7 May 2018 HARARE - A housing project in which businessman Adam Molai has an interest, has transformed residential outpost of Caledonia. The project, being spearheaded by the Housing Corporation of Zimbabwe (HCZ) and the National Social Security Authority (Nssa), has raisedhopes of an end to accommodatio...
Caledonia homes face demolition 30 March 2018 HARARE - Scores of families in Caledonia have been ordered to vacate their houses built on sites reserved for schools or risk having the properties demolished. Primary and Secondary Education minister Paul Mavima made the ominous warning during belated celebrations marking the International Da...
Caledonia records 56 135 ounces of gold 16 January 2018 HARARE - New York Stock Exchange-listed gold mining firm, Caledonia, recorded 56 135 ounces of gold last year, ahead of the 54 000 ounces target. The Zimbabwe focused gold producer's chief executive Steve Curtis said 2017 production represents a new annual production record for the Blanket Min...
Caledonia to become independent: Kasukuwere 7 October 2017 HARARE - Caledonia may soon be an independent township that is neither under Mashonaland East nor Harare, Local Government minister Saviour Kasukuwere has said. Kasukuwere said this while answering questions in the Senate on Thursday. Movement for Democratic Change senator for Manicaland David...
MPs outraged over teen girls abuse 30 September 2017 HARARE - Legislators on Tuesday expressed shock over underage commercial sex work in Epworth, Hopley and Caledonia and called on the government to swoop on and arrest paedophiles who are targeting poverty-ravaged young girls, raping and sexually exploiting them. Presenting her motion in the Na...
No basic facilities in Caledonia 22 June 2017 HARARE – The informal settlement of Caledonia has become a typical shanty town, lacking proper sanitation, safe water supply, electricity, hygienic streets, or other basic human necessities, civic organisations have said. With an estimated population of 125 000 but with no standard clinic to c...
Caledonia hits record gold output 16 January 2017 HARARE - London-listed resources firm, Caledonia Mining Corporation Plc (Caledonia), has enjoyed a record quarter for gold production from its Blanket mine in Zimbabwe. Some 13 591 ounces of gold were produced in the last three months, an 18 percent increase on a year ago and one percent up qu...
Blanket ramps up gold production 13 May 2016 HARARE - London Stock Exchange-listed resources firm Caledonia Mining Corporation Plc (Caledonia) says it has registered better than expected results in its first quarter due to tight cost control. In the three months to March 2016, Caledonia's Blanket mine saw its gold production increasing b...
Gold miner Caledonia mulls HQ move to Jersey 22 December 2015 HARARE - Zimbabwe-focused mining concern Caledonia is proposing to move its headquarters from Canada to Jersey, Channel Islands, as part of strategies to reduce tax obligations. Jersey, the largest of the Channel Islands, between England and France, is an independent, English-speaking territor...
Caledonia gold production up 10pc 13 November 2015 HARARE - Toronto Stock Exchange-listed miner, Caledonia Mining Corporation (Caledonia), has recorded a 10 percent increase in gold production at its Blanket Mine (Blanket) in Zimbabwe despite the volatile international gold price. Blanket produced 10 900 ounces in the three months to September...
Gold price amendments to boost efficiency: Caledonia 11 February 2015 HARARE - Toronto Stock Exchange-listed gold producer Caledonia Mining Corporation (Caledonia) says government's move to amend gold pricing structures for its Zimbabwean gold mine will improve cost efficiency. The group operates Blanket Mine (Blanket) in Matabeleland South. Steve Curtis, Caledo...
Blanket Mine's gold output down 13 August 2014 HARARE - AIM-listed Caledonia Mining Corporation (Caledonia) says gold production at its Zimbabwe-based Blanket Mine (Blanket) declined from 22 060 ounces in the first half of 2013 to 21 464 ounces in the half-year of 2014 due to lower grades and declining gold prices. Although production incr...
Caledonia eyes Namibia, Zambia 11 June 2014 HARARE - Toronto Stock Exchange-listed gold producer Caledonia Mining Corporation (Caledonia) is considering expanding its operations from Zimbabwe into the region. Mark Learmonth, the miner’s vice president of corporate development and investor relations, said they were targeting English-spea...
Caledonia surpasses gold output target 10 January 2014 HARARE - Toronto Stock Exchange-listed Caledonia Mining Corporation (Caledonia) says it surpassed its gold production target of 44 000 ounces for 2013 by 3, 4 percent spurred by investments in its exploration and development projects. This comes as the southern Africa-focused miner’s total gol...
Caledonia declares first quarter dividend 8 January 2014 HARARE - Toronto Stock Exchange-listed Caledonia Mining Corporation (Caledonia) has declared a $0,015 dividend per share for its first quarter to December 2013. This comes as the southern Africa-focused miner recently announced that it would be declaring dividends on a quarterly basis. Cale...
Blanket Mine production up 10% 2 July 2013 HARARE Gold production at Blanket Mine (Blanket) increased by 10,7 percent to 11 592 ounces in the second quarter compared with 10 472 ounces in the first quarter this year, the company announced on Tuesday. The total for the first half of 2013 was 22 064 ounces, up 6,5 percent on the same period...