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Caledonia concludes solar plant sale

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Caledonia Mining Corporation has successfully completed the sale of its local subsidiary, Caledonia Mining Services (CMS), to Cross Boundary Energy Holdings (CBE) for a pre-tax consideration of US$22,35 million payable in cash.CMS owns and operates the 12,2MWac solar plant that supplies power to Blanket Mine, its primary gold asset.“By selling the plant for US$22,35 million,…

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