Following its announcement of an updated resource statement on 2 November, Caledonia Mining Corporation announced on Friday that it plans to extend the depth of the central shaft at its 49% subsidiary, the Blanket Mine in Zimbabwe.
Caledonia Mining corporation has confirmed that the recent introduction of bond notes by the Reserve Bank of Zimbabwe (RBZ) has not impacted its settlement system in place for the Blanket Mine in Zimbabwe for gold sales.
Caledonia Mining reported that it remains on track to achieve the production target of 52-57,000 oz for 2017 at its Zimbabwean subsidiary even as gold production in the quarter changed slightly from the second quarter of 2016.
Caledonia Mining, the mining exploration company focused on Southern Africa, announced the retirement of Jim Johnstone, a non-executive director of the company with effect from today.
Caledonia Mining has announced a fatality at its Blanket mine in Zimbabwe in a mining-related accident on 7 July.
Caledonia Mining confirmed a fatality at its Blanket Mine in Zimbabwe on Monday, saying it occurred in a mining-related accident on 12 May.
Caledonia Mining Corporation announced its operating and financial results for the fourth quarter and the year ended 31 December on Tuesday.
Caledonia Mining Corporation announced record quarterly and annual gold production from its 49% owned subsidiary, the Blanket Gold Mine in Zimbabwe on Wednesday, for the quarter and year ended 31 December.
AIM-listed gold explorer Caledonia Mining reported another quarterly dividend as it said it was "confident" of achieving the full year production target.
Caledonia Mining said its final production results for 2015 were higher than expected thanks to the Blanket mine in Zimbabwe, of which it holds a 49% stake.
Caledonia Mining Corporation declared its 11th dividend on Tuesday morning, the first under its revised dividend policy, and one which its board hoped would be the last under the Canada Revenue Agency's jurisdiction.
Caledonia Mining Corporation had a "difficult" start to the year as rising costs and lower gold prices squeezed margins.
Caledonia Mining has appointed John Mark Learmonth as chief financial officer and David Norval Henderson as non-executive director with immediate effect.
An aversion to risk was benefitting gold and silver stocks on Tuesday in London as precious metal prices advanced amid macro concerns and equity-market volatility.
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation.
Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation.
Caledonia Mining: Numis lowers target price from 100p to 90p retaining a buy recommendation.
Gold miner Caledonia Mining Corp has increased third quarter production from its Blanket pit in Zimbabwe.