The $12 billion mining sector by 2023 target might have sounded to some like a mirage or mere wishful thinking by an exuberant Government, but as days and months unfold, this is slowly becoming a reality, a goal quite achievable going by the situation on the ground or is it underground!
Although there is still much that the picks, shovels and their heavy-duty compatriots need to excavate, the progress made is noted.
Caledonia Mining Corporation, which has a major gold belt in Gwanda, has already made huge capital investments in both underground and surface mining, and rural infrastructure, in line with the devolution agenda. The firm is keen on investing in other Government-owned projects.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.