Caledonia results for the fourth quarter of 2018

Caledonia Mining Corporation Plc has announced its operating and financial results for the fourth quarter (Q4) and the year ended 31 December 2018. Caledonia’s primary asset is a 49% legal ownership in the Blanket Mine in Zimbabwe. Pursuant to the signing of an agreement announced on 6 November 2018, Caledonia intends to purchase a further 15% of Blanket from one of Blanket’s indigenous shareholders. The transaction remains subject to approvals from Zimbabwean regulatory authorities. Caledonia continues to consolidate Blanket and the operational and financial information set out below is on a 100% basis unless indicated otherwise.

Read the article online at: https://www.globalminingreview.com/finance-business/20032019/caledonia-results-for-the-fourth-quarter-of-2018/