Caledonia Mining significant shareholder increases its stake

Caledonia Mining Corporation

Caledonia Mining Corporation Plc (LON:CMCL) has announced that it received notification on December 15, 2021 from Van Eck Associates Corporation, which is a “significant shareholder” of the Company as defined by the AIM Rules for Companies, that it has increased its interest in the Company and on December 13, 2021 crossed a particular threshold for notification of its holdings in the Company.

Van Eck Associates Corporation has increased its percentage of shares now to 4.2361%.

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.

You might also enjoy reading  Caledonia Mining report an excellent start to 2022 with a new production record
Find more news, interviews, share price & company profile here for:
Caledonia Mining Corporation

Good news travels fast (but only if you make that happen):

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit
Find more news, interviews, share price & company profile here for:
Caledonia Mining Corporation

AIM All Share Index