Victoria Falls stock exchange listed gold producer, Caledonia Mining corporation, has erected a solar power plant at Blanket Mine which began generating power yesterday, to hedge itself from electricity challenges that are gripping the country.
The country is currently experiencing power shortages, which have seen some households go more than six hours without power, which has been attributed to breakdown in generation Units.
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.