Kudzanai Gerede, Companies and Market Editor

Caledonia taps Zimbabwean and South African banks for funding

CALEDONIA Mining Cor­poration (Caledonia) is set to finalise its US$150 million interim bank facility with local and South African financial institutions later this month. The facility forms part of the group’s broader financing plan announced in January, which is aimed at funding the development of its flagship Bilboes gold project in Zimbabwe. The Jersey-headquartered gold…

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