Caledonia declares quarterly dividend of $0.14 a share

3rd July 2023 By: Darren Parker - Creamer Media Contributing Editor Online

Caledonia declares quarterly dividend of $0.14 a share

Blanket mine shaft

Listed gold mining company Caledonia Mining’s board of directors has declared a quarterly dividend of $0.14 a share.   

“The last 18 months have seen much change in the shape of the business. We have acquired three new gold projects in Zimbabwe and we commissioned the 12 MW alternating current solar plant, which provides about a quarter of Blanket's average daily electricity requirements.  

“I am very excited with the opportunity that we have to evolve the business as we pursue our strategy,” CEO Mark Learmonth said on July 3.