Caledonia Mining’s (LON:CMCL, TSE:CAL) finance chief, Mark Learmonth, says work on the firm’s Blanket mine in Zimbabwe will mean more ounces of gold next year.
A revised investment plan means the miner has been busy sinking, deepening and equipping four shafts at the site.
Speaking to Proactive, Learmonth says that the work will mean Caledonia becomes more cash generative and be able to withstand an even lower gold price.
Price: 1345 GBX
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Caledonia Mining Corporation PLC named herein, including the promotion by the Company of Caledonia Mining Corporation PLC in any Content on the...
FOR OUR FULL DISCLAIMER CLICK HERE
Caledonia Mining Corporation PLC's (LON:CMCL)(TSE:CAL) Mark Learmonth talks to Proactive London after signing an agreement with the Government of the Republic of Zimbabwe. Learmonth explains how the country's government is now keen to 'reach out to companies like Caledonia who demonstrably...
Industry & services
Mining
