Caledonia Mining Corporation Plc announced that the Board of Directors has declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company’s shares.
- Company on track to hit target production of 73,000 to 80,000 ounces of gold in 2022.
- On 21 July 2022, Caledonia announced that it had signed an agreement to purchase Bilboes Gold Limited.
- Caledonia will restart the oxides operation at Bilboes under the terms of a tribute arrangement with a view to creating a cash-generative operation within approximately six months.
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.