Caledonia Mining trading well despite local challenges
13th Nov 2019 10:19
(Sharecast News) - Caledonia Mining Corporation reported third quarter gold production of 13,646 ounces on Wednesday, which was an increase of 7.3% on gold produced in the second quarter, taking production for the first nine months of 2019 to 38,306 ounces.
Read moreCaledonia Mining secures future of electricity supply at Blanket
16th Oct 2019 11:40
(Sharecast News) - Caledonia Mining Corporation announced on Wednesday that the electricity supply situation at the Blanket Mine improved "substantially" in late August and September, which it put down primarily to a "timely and coordinated" response from the Chamber of Mines, the Ministry of Mines, the Ministry of Energy and Power Development and the Zimbabwean Energy Regulatory Authority.
Read moreCaledonia Mining maintains full year guidance despite missing Q3 targets
14th Oct 2019 11:18
(Sharecast News) - Caledonia Mining on Monday maintained full-year gold output guidance even after its third quarter production fell short of targets.
Read moreCaledonia expects new oxygen plant to improve recoveries at Blanket
10th Oct 2019 10:31
(Sharecast News) - Caledonia Mining Corporation announced the successful installation and commissioning of a new oxygen plant at the Blanket Mine in Zimbabwe on Thursday.
Read moreCaldonia Mining gold production at Blanket shifts higher
14th Jan 2019 14:49
(Sharecast News) - Caledonia Mining Corporation announced gold production from the Blanket Mine in Zimbabwe for the quarter and year ended 31 December on Monday, with approximately 14,952 ounces of gold produced during the quarter, which was 7% higher than the previous quarter.
Read moreCaledonia sets new quarterly gold record at Blanket
11th Jan 2017 14:20
(ShareCast News) - 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. The AIM-traded company said approximately 13,591 ounces of gold were produc
Read moreCaledonia Mining repayment plan unaffected by RBZ bond notes
1st Dec 2016 11:01
(ShareCast News) - 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. The RBZ, Zimbabwe's central bank announced the introduction
Read moreCaledonia Mining 'confident' of reaching full-year gold target
4th Oct 2016 08:23
(ShareCast News) - AIM-listed gold explorer Caledonia Mining reported another quarterly dividend as it said it was "confident" of achieving the full year production target. Caledonia declared a quarterly dividend of $0.01375 per share, the equivalent to $0.05 per share on an annualised basis, the eq
Read moreCaledonia Mining's Blanket mine exceeds expectations
6th Jan 2016 09:55
(ShareCast News) - 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. The AIM-listed miner said approximately 11,518 ounces of gold were produced in the fourth quarter, a 10.6% increase on the s
Read moreCaledonia Mining declares 11th dividend
5th Jan 2016 08:45
(ShareCast News) - 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. The AIM-listed miner said a dividend of $0.01125 would be paid o
Read moreCaledonia Mining profits down on lower gold prices
13th Aug 2015 11:35
(ShareCast News) - Caledonia Mining Corporation had a "difficult" start to the year as rising costs and lower gold prices squeezed margins. Caledonia said gold production was down for the half year to 20,361oz from 21,464oz, while sales for the second half were also down compared with last year at 2
Read moreCaledonia Mining appoints John Learmonth as chief financial officer
10th Aug 2015 11:00
(ShareCast News) - Caledonia Mining has appointed John Mark Learmonth as chief financial officer and David Norval Henderson as non-executive director with immediate effect. Prior to joining Caledonia in July 2008, Learmonth was a division director of investment banking at Macquarie First South in So
Read moreSector movers: Risk aversion lifts gold and silver miners
6th Jan 2015 14:42
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. A flight to safety was lifting the price of both gold and silver, with the former rising for the third consecutive day - its longest win
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreTuesday broker round-up
19th Aug 2014 09:19
Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation. Anglo Pacific: FinnCap lowers target price from 184p to 180p retaining a hold recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1057p to 1063p and keeps a buy recommendation. Libe
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