Blanket Mine glitters after 13% surge in gold output

Blanket Mine produced 17 050 ounces, while Bilboes Oxide Mine contributed 426 ounces.
By Mthandazo Nyoni Jul. 11, 2024

Gross profit at Caledonia up 138%

The Caledonia chief said work to refresh the existing study for the large-scale sulphide project at Bilboes was well-advanced
By Mthandazo Nyoni May. 14, 2024

Caledonia revenue to grow by 17% in FY24

Margins are expected to improve in the year, with earnings before interest, taxes, depreciation and amortisation (EBITDA) firming up to 43,3%
By Mthandazo Nyoni Apr. 30, 2024

Caledonia appoints new chief operating officer

In a statement, Caledonia chief executive Mark Learmonth said Mufara boasts of over 25 years experience in the mining sector in southern Africa, including 13 years in leadership
By Melody Chikono Apr. 9, 2024

Caledonia decries high operating costs

In relation to non-operating costs, general and administrative costs rose with global inflation and these also included higher than expected staff termination costs.
By Mthandazo Nyoni Mar. 5, 2024

US company raises stake in Caledonia

Its shareholding in Caledonia is through the miner’s primary listing on the New York Stock Exchange.
By Tatira Zwinoira Feb. 2, 2024

Caledonia drilling results positive

Apart from Blanket, Caledonia owns Bilboes and Motapa.
By Mthandazo Nyoni Jan. 31, 2024

Caledonia achieves record gold production

He said Caledonia continues to work on the feasibility studies in respect of the Bilboes sulphide project to determine the optimal implementation strategy for the project.
By Mthandazo Nyoni Jan. 14, 2024

Zanu PF eyes Goromonzi South seat

The constituency consists of the sprawling residential area of Caledonia and some farms.
By Staff Reporter Jan. 3, 2024