Caledonia raises US$125m for gold extraction projects
The Victoria Falls Stock Exchanged listed company announced the pricing of its 5,875% convertible senior notes due 2033 in a private placement to institutional investors.
By Mthandazo Nyoni
3h ago
Caledonia sets US$162,5m as capex for FY26
The miner noted that general and administrative expenses have increased, driven by inflation-related salary adjustments and rising compliance requirements.
By Business Reporter
Jan. 15, 2026
Caledonia clears Bilboes uncertainty as Finance Act confirms revised gold royalties
JERSEY miner, Caledonia Mining Corporation (Caledonia) has confirmed to its shareholders that no amendments are required to the Bilboes Gold Project Technical Report Summary
By Business Reporter
Jan. 8, 2026
Caledonia Mining buoyant after Ncube climbdown
Caledonia operates the Gwanda-based Blanket Mine in Matabeleland South and is currently developing another major asset, the Bilboes Gold Project in Matabeleland North.
By Tatira Zwinoira
Dec. 21, 2025
Mthuli Ncube scraps gold royalty hike
During the late-night budget debate, however, he told lawmakers that a 10 percent royalty rate would now only apply if the bullion price topped $5,000 an ounce.
By Reuters
Dec. 18, 2025
Premium
New gold tax to cream off US$150m from Caledonia unit
Under the three-tiered structure, gold sold at US$0–US$1 200 per ounce will attract a 3% royalty, US$1 201–US$2 500 will draw 5%, while prices above US$2 501 will incur a 10% royalty.
By Tatira Zwinoira
Dec. 8, 2025
EditorialComment: Government’s gold royalty recipe for disaster
Caledonia CEO Mark Learnmouth said they were also assessing “potential effects on the recently announced economics of the Bilboes Gold Project.”
By The Standard
Dec. 7, 2025
Caledonia cautions on cash flow strain under new royalty system
JERSEY-DOMICILED miner, Caledonia Mining Corporation, has warned that Zimbabwe’s proposed 2026 gold royalty reforms will squeeze profitability and cash generation at Blanket Mine
By Tatira Zwinoira
Dec. 3, 2025
Gold bonanza: Caledonia’s Bilboes holds US$7,2bn reserves
Caledonia said that it expects to start “first production” at the Bilboes Mine in late 2028.
By Tatira Zwinoira
Nov. 26, 2025
