AFRICA STORIES

Caledonia pushes ahead in Zimbabwe

Zimbabwe gold producer Caledonia Mining Corporation, listed in London and Toronto, has disclosed annual figures that show it was back in the black in 2014 after taking a hefty impairment charge in 2013.

But the London and Toronto-listed company produced fewer ounces because of a lower head grade at its only producing asset, the 49%-owned Blanket mine, hitting the top line, reducing net cash from operating...

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