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Caledonia Mining expands golden Zimbabwe footprint

Caledonia Mining Corp has expanded its African footprint, by purchasing a gold mining lease in southern Zimbabwe.

Caledonia Mining expands golden Zimbabwe footprint Caledonia Mining expands golden Zimbabwe footprint Caledonia Mining expands golden Zimbabwe footprint Caledonia Mining expands golden Zimbabwe footprint Caledonia Mining expands golden Zimbabwe footprint

Caledonia Mining will use incremental cash flow from its Blanket resource to fund its Zimbabwe prospects

Caledonian has bought Motapa Mining, owned by Bulawayo Mining Company, a privately-owned UK company. Motapa Mining is the parent company of a Zimbabwe subsidiary which holds the Motapa lease.