Banket Mine

  • Companies

    Caledonia says Zimbabwe has huge,untapped gold deposits

    NEW York Stock Exchange-listed Caledonia Mining, a profitable cash generative gold producer with a strong growth profile, says that Zimbabwe has not been properly explored using modern exploration techniques and there are huge gold deposits lying untouched across the country. Caledonia’s primary asset is the Blanket Mine in Zimbabwe which is on track to hit its increased 2020 gold production…

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  • Business Briefs

    Caledonia Mining raises money for solar

    By Mutsa Makuvaza CANADA-headquartered Caledonia Mining Corporation Plc announced on 4 September that it had raised US$13 million via a share issue to finance a solar power plant at its Blanket mine. The proposed 12MW solar power plant would meet the mine’s minimum demand during daylight hours and approximately 27% of the mine’s total electricity demand. Caledonia chief executive officer,…

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