Caledonia appoints Stanbic, CBZ to lead US$150 mln Bilboes funding

Caledonia’s chief executive Mark Learmonth.

CALEDONIA Mining Corporation Plc (Caledonia) has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million to support the development of its Bilboes gold project. The facility is expected to be in place by mid-2026, subject to lender approvals. Caledonia said the facility is intended…

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