With only six months after officially listing on the Victoria Falls Stock Exchange (VFEX), Jersey domiciled gold producer, Caledonia Mining Corporation, which operates Blanket Mine in Gwanda, says the United States-dollar denominated bourse has ushered in a new era of growth for its operations in Zimbabwe.
Backed by a conducive investment climate and the 100 percent incremental forex incentive scheme, the New York Stock Exchange and AIM listed group has raised close to US$8 million from VFEX – launched in October 2020 as an off-shore financial services centre.
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.