An investment that began eight years ago lifted Caledonia Mining to its highest ever gold output in 2022, and the company expects more growth ahead after three recent acquisitions. Gold output from the company’s...
Caledonia Mining has completed the takeover of Bilboes Gold, a transaction that takes it a step closer to becoming the country’s biggest gold producer. The transaction involves the transfer of 5,123,044 shares. Based on...
Zimbabwe’s ban on raw lithium has drawn global interest, at a time when demand for the metal is strong. A tweet by influential US journalist Ben Norton went viral. It said: “Zimbabwe has banned...
Lithium is going to get less expensive in 2023, according to a Chinese supplier of the battery metal. Prices have already softened after a spectacular two-year rally labelled “insane” by Elon Musk and “unreasonable”...
When the Chamber of Mines asked its members to list their biggest worries this year, most of them had one major gripe at the top of their lists – power supply. The Chamber’s survey...
UK-listed Contango, which is developing a new coal mine in Zimbabwe, says it is in talks with a “multinational company” for a possible coking coal mining deal. Contango says it has signed an MoU...
Tharisa has extended its US$50 million bond issue for Karo Mining, saying it needed to mop up “strong interest” from potential investors. A regulatory holdup may also be standing in the way. The company...
By Nelson Banya London-listed Contango Holdings says it plans to start exporting thermal coal early next year from its Zimbabwe mine following requests from customers in Europe and Asia. Zimbabwe's...
Caledonia Mining says its new 12MW solar plant has started generating electricity for its Blanket Mine, providing an alternative to unreliable ZESA power. Hit by power cuts and an unstable grid, Blanket had installed...
Caledonia Mining has added another asset to its growing portfolio. Its latest buy is Motapa Mining, whose gold claims sit next to Bilboes Mine, which Caledonia agreed to buy in July. This is Caledonia's...
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