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 have the expertise in the country after running a successful gold mine there for 10-12 years'.
Under the terms, Caledonia will evaluate mining rights, properties and projects in the gold sector that are controlled by the government, with a view to assessing the potential to advance development on these properties or projects.