Caledonia today announces it has agreed to acquire the nearly 1Moz Maligreen deposit in the Gweru Greenstone Belt in Zimbabwe – in the middle of the country. Caledonia will pay $4m in cash for the project, which is 550ha over two former operating open pit mines from Pan African Mining, a private Zimbabwean company.
23 Sep 2021
Caledonia Mining (CMCL) - acquisition of the 0.94Moz Maligreen gold project in Zimbabwe
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Caledonia Mining (CMCL) - acquisition of the 0.94Moz Maligreen gold project in Zimbabwe
Caledonia Mining Corporation PLC (CMCL:LON) | 820 0 0.0% | Mkt Cap: 157.4m
- Published:
23 Sep 2021 -
Author:
Paul Smith -
Pages:
4
Caledonia today announces it has agreed to acquire the nearly 1Moz Maligreen deposit in the Gweru Greenstone Belt in Zimbabwe – in the middle of the country. Caledonia will pay $4m in cash for the project, which is 550ha over two former operating open pit mines from Pan African Mining, a private Zimbabwean company.