Caledonia decries high operating costs
In relation to non-operating costs, general and administrative costs rose with global inflation and these also included higher than expected staff termination costs.
By Mthandazo Nyoni
Mar. 5, 2024
Waverley Blankets locks out workers
According to Statutory Instrument 54 of 2016, an employee will be deemed permanent if they had been in continuous service for five years.
By Tafadzwa Mhlanga
Mar. 5, 2024
Plans to develop Zimbabwe’s biggest mine near Bulawayo
Caledonia, which plans to construct the Bilboes mine over two years, is doing studies to find solutions to reduce the upfront capital required, Mason said.
By Staff Reporter and Reuters
Oct. 22, 2023
Drilling results excite Caledonia
A further approximately 12 900m are planned for the remainder of 2023.
By Mthandazo Nyoni
Jul. 10, 2023
Waverley Blankets boss acquitted of fraud charge
Cohen’s daughters were accusing Vico of fraudulently assuming ownership of Waverley Plastics.
By Staff Reporter
Jun. 20, 2023
Caledonia gross revenues down 16%
“We are confident these issues have been identified and addressed, and we reiterate our production guidance for Blanket of between 75 000 and 80 000 ounces of gold.
By Mthandazo Nyoni
May. 16, 2023
National Blankets seeks potential suitor
Tich Mujuru, the company’s largest shareholder, told NewsDay that National Blankets was looking for an investor with sufficient capital to run the business.
By Freeman Makopa
Apr. 19, 2023
Fight over tycoon’s empire intensifies
Aron Vico’s private prosecution was meant to start on January 31, but was moved to February 7 after he was ordered to submit his defence papers.
By Staff Reporter
Feb. 5, 2023
Caledonia to spend US$21,4m capex in 2023
It is anticipated that over US$2 million would be spent once more in 2023 on the revision of the feasibility study for the bigger sulphide project at Bilboes.
By Mthandazo Nyoni
Jan. 15, 2023
