Caledonia Mining Corporation Plc (CMCL) Sector
Materials

(Current) $10.32
-0.11 (-1.05%) Open Price: 10.32

 

Caledonia Mining Corporation Plc is a mining company focused on the exploration, development, and operation of gold mines in Zimbabwe. Established in 1992 and headquartered in Jersey, Channel Islands, Caledonia Mining has built a strong presence in the Zimbabwean mining industry and has a track record of successful gold production.

 

The company's primary asset is the Blanket Gold Mine, located in the southwestern region of Zimbabwe. The Blanket Gold Mine is a historic operation with a long mining history dating back over a century. Caledonia Mining acquired a majority interest in the Blanket Gold Mine in 2006 and has since been actively investing in exploration and development to expand and modernize the mine.

 

Blanket Gold Mine is a high-grade underground operation with significant mineral reserves and resources. The mine is operated through a conventional underground mining method, with ore processed through a centralized milling facility. Caledonia Mining has implemented modern mining techniques and technology to improve operational efficiency and maximize gold recovery rates at the mine.

 

Caledonia Mining is committed to responsible mining practices and environmental stewardship. The company prioritizes safety, environmental protection, and community engagement in all of its activities. Caledonia Mining engages with local communities, stakeholders, and regulatory authorities to ensure that its operations are conducted in accordance with applicable laws and regulations and that the company's activities contribute to the sustainable development of the regions in which it operates.

 

In addition to its operations at the Blanket Gold Mine, Caledonia Mining holds a portfolio of exploration and development-stage projects in Zimbabwe. These projects offer further potential for resource growth and diversification of the company's asset base. Caledonia Mining continues to invest in exploration activities to identify new mineralization zones and expand its resource base in Zimbabwe.

 



 

(05/24/24) $10.32
(05/27/24) $10.43
(05/27/24) (Qty.)38,770
(05/24/24) $10.22
(05/24/24) $10.45
(05/05/24) $9.78
(05/19/24) $11.25
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