# Caledonia Mining Corporation increase in holdings for significant shareholder

- Link: https://www.directorstalkinterviews.com/caledonia-mining-corporation-increase-in-holdings-for-significant-shareholder/4121055776
- Published: 2022-03-07T07:27:38+00:00
- Author: Giles

**Caledonia Mining Corporation Plc** ([LON:CMCL](https://www.directorstalkinterviews.com/company/caledonia-mining-corporation/cmcl.l))
has announced that it received notification on March 4, 2022 from Van Eck Associates
Corporation, which is a “significant shareholder” of the Company as defined by the
AIM Rules for Companies, that it has changed its interest in the Company and on 
March 3, 2022 crossed a particular threshold for notification of its holdings in
the Company.

Van Eck Associates Corporation held 3.9838% (508,200 votings rights) previously 
and now holds 4.008% (514,346 voting rights) in Caledonia Mining.

**Caledonia Mining** is a profitable cash generative gold producer with a strong
growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe which 
is on track to hit its increased 2020 gold production guidance of between 55,000–
58,000 ounces. This will increase to 80,000 ounces in 2022.

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