BlackRock reshuffles Caledonia holding

The gold miner raked in US$65,3 million a year earlier, as higher gold prices boosted earnings. Revenue was also 14 per­cent from US$66,4 million in the first quarter, reflecting im­proved production.

News Editor THE world’s largest asset manager, BlackRock, has increased its overall stake in Caledonia Mining Cor­poration, while reshuffling its holdings in favour of direct share ownership over derivatives exposure. A Caledonia filing last week covered a threshold crossed on July 8, putting BlackRock’s total position at 6,17 percent of voting rights, up from 6,15…

Subscribe to read full article. Subscribe today

Related posts

SeedCo spends US$13,53m on local suppliers

Strong demand lifts Starafrica sales

Dairibord’s milk intake stays flat

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More