A historic mining player, the Ballande group continues to manage the mineral resource over the long term by guaranteeing maximum development of deposits. The Cayzer family collectively owns some 48. Jul 12, 2024 · A high-level overview of Caledonia Mining Corporation Plc (CMCL) stock. Caledonia Investments at a glance - see how our performance stacks up over time, from NAV to share price and dividends. Apr 3, 2024 · African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250 million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on Wednesday. 4% at 860. NMC today aims to provide the plant up 3. And also New Caledonia owns about 25 percent of the world resource of nickel. 31/03/2016. Caledonia Mining Corporation Plc (“Caledonia”) is incorporated in Jersey. Buy shares. www. Credit: Denis—S via Shutterstock. After increasing the production at Blanket to 80,000oz in 2022 our main focus areas are to maintain production at around 75-80,000oz at Blanket, complete the Jun 17, 2024 · Caledonia Mining Corporation Plc (“Caledonia”) is incorporated in Jersey. Taking a long term investment approach, Caledonia Investments is a value investor with a Blanket Gold Mine. Description. Although this article aims to analyse the occult imaginary of diamond miners Caledonia owns a 64% stake in the gold-producing Blanket Mine (“Blanket”), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. [1] [2] With an annual production of 200,000 tonnes in 2020, New Caledonia was the world's fourth largest producer after Indonesia (760,000), Philippines (320,000), and Feb 12, 2024 · Creamer Media Senior Deputy Editor Online. See the company profile for Caledonia Mining Corporation Plc (CMCL. The Project has NI43-101 compliant proven and probable mineral reserves of 1. In October 2006, Inco was purchased by the Brazilian mining company Vale for $19. Blanket Mine is the company’s primary asset in Zimbabwe. Curtis, who retired as CEO in June 2022, has been serving on the Board in a non-executive capacity since stepping down. 7%. com Sep 27, 2023 · Mining and trading giant Glencore is to stop financing a lossmaking nickel mine in New Caledonia, as growing Indonesian production of a key metal in electric car batteries squeezes rivals. 6 billion in economic benefits to New Caledonia since 2012 from construction ($1. There are several issues with this law that militates Jan 30, 2020 · 8. Jul 21, 2022 · CMCL. Mining of gold, diamonds, coal and lignite, phosphates, uranium, platinum, chrome, iron ore, manganese and clay and stone quarrying on Africa. 18% and is expected to drop by a CAGR of 3. L) including business summary, industry/sector information, number of employees, business summary, corporate governance, key Caledonia owns a 64% stake in the gold-producing Blanket Mine (“Blanket”), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. caledoniamining. 6% a year, the All-Share by 5. The Company owns a 64% stake in the gold-producing Blanket Mine (Blanket), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. 00% Caledonia Mining insiders, and 73. Jul 5, 2024 · Nickel production in New Caledonia and major projects. Go To Store. It also engages in the exploration and development of mineral properties for precious metals. Closure Dec 30, 2021 · In 2019, a tailings dam at a Vale iron ore mine in Brazil burst and inundated a workers’ canteen and neighborhood homes, killing 270 people. Dominique Nacci is the public relations spokesman for SMSP mining company, which is owned by New Caledonia's Kanak-dominated Northern Province. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located Jun 7, 2022 · Caledonia Mining. Koniambo Nickel SAS (KNS) The Koniambo mine is a large mine in the north of New Caledonia in the North Province. Jul 12, 2024 · Caledonia Mining Corporation Plc is a gold production, exploration and development company focused on Zimbabwe. Caledonia owns a 64% stake in the gold-producing Blanket Mine ("Blanket"), and 100% stakes in the Bilboes oxide Oct 2, 2020 · The Goro Nickel mine is the largest mining projects in New Caledonia. Occidental Petroleum. 2) per share. Caledonia Mining Corporation Plc is a gold production, exploration and development company focused on Zimbabwe. 30 below $ 17. Second Quarter 2016 Finanical Statements. 63% retail investors. Sector: Basic Materials. Goro is considered among the world’s best-known laterite ore bodies, with 55 CALEDONIA MINING CORPORATION PLC CMCL Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals. Nickel mining in New Caledonia is a major sector of the New Caledonian economy. Miners would have had to get through the thick ice sheet to reach the minerals. Industry: Gold. The company is based in Saint Helier, Jersey, and owns (indirectly) a 64% interest in an underground gold mine in Zimbabwe. Jun 17, 2024 · Caledonia Mining Corporation Plc (“Caledonia”) is incorporated in Jersey. The Koniambo Nickel SAS (KNS), a joint venture (JV) between Société Minière du Sud Pacifique SA and Glencore in New Caledonia, will transition into Apr 9, 2014 · What is specific to the diamond mining areas in this West African country is that suspicions and fantasies about the uses of diamonds go hand in hand with the idea that these precious stones belong to invisible spiritual entities known locally as djinns or dεbul dεn. Mponeng gold mine – 11. New Caledonia ( / ˌkælɪˈdoʊniə / ⓘ KAL-ih-DOH-nee-ə; French: Nouvelle-Calédonie [nuvɛl kaledɔni] ⓘ) [nb 2] is a sui generis collectivity of overseas France in the southwest Pacific Ocean, south of Vanuatu, about 1,210 km (750 mi) east of Australia, [5] and 17,000 km (11,000 mi) from Metropolitan France. Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. Blanket is a relatively small gold mine with compelling margins, but its resource base is limited, and this is why I think that Caledonia looks overvalued. 1m). 44 1534 679800 https://www. The Blanket Mine is located in the south-west of Zimbabwe approximately 15 km west of Gwanda, the provincial capital of Matabeleland South. The overseas territory, which has been under French rule for over 170 years, is a major global producer of the critical material that is needed to make electric vehicle batteries, solar panels Caledonia Mining Corporation Plc: Blanket Mine Q2 2024 Production. The Company owns a 64% stake in the gold-producing Blanket Mine (Blanket), 100% stakes in the Bilboes mine and th e Motapa and Maligreen gold mining claims, all situated in Zimbabwe. The precious metals mining firm has offered to acquire the outstanding undiluted common shares of Victoria Gold at a price of $10. First Quarter 2016 MD&A. In exchange, Orion Co-VI has received a 4. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. Highlights. Jun 3, 2020 · Image courtesy of Barsamuphe. Koniambo has one of the largest nickel reserves in New Caledonia Caledonia Mining Corporation Plc: Cancellation of the block admission in respect of ATM Sales Agreement. The Central Shaft, at a depth of 1 208 m at shaft Apr 7, 2022 · Before that, it sold a troubled New Caledonia nickel mine and manganese assets in southeastern Brazil, cashed in $1. Robust production continues at Blanket MineST HELIER, Jersey, July 10, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN, AIM and VFEX: CMCL) announces gold production from the Blanket Mine (“Blanket”) in Zimbabwe for the quarter ended June 30, 2024 (“Q2 2024 3 days ago · Caledonia Mining Corporation Plc primarily operates a gold mine. The Philippine Center for Investigative Journalism mapped the mining firms in Lopez’s order. 3p to 61. The rights of the shareholders of Caledonia may be different in certain respects from the rights of shareholders of a company incorporated in the United Kingdom or other jurisdictions (e. PLC including key executives, insider trading, ownership, revenue and average growth rates. The world’s top commodity trader will View the latest Caledonia Mining Corp. Nickel is found on the Koniambo Massif, and taken by conveyor to a new smelter on the coast. 92 (C$13. The Jul 21, 2022 · Caledonia Mining Corp. This island has a long geologica l history which goes back to the break up. is interested in buying one of Zimbabwe’s largest gold operations as it embarks on an aggressive plan to acquire more assets in the country, according to a person familiar Mar 28, 2024 · AIM Rule 26. Nov 29, 2023 · September saw Glencore, the Swiss multinational commodity trading and mining company, announce it would cease funding the loss-making Koniambo Nickel SAS (KNS) business it co-owns in the territory Company profile for Caledonia Mining Corp. L) said on Monday it will sell its stake in Koniambo Nickel SAS (KNS) in New Caledonia and that production at KNS's processing plant will be halted for six months Caledonia owns a 64% stake in the gold-producing Blanket Mine (“Blanket”), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. Its nickel industry also includes the SLN subsidiary of French mining group Eramet and a joint venture between commodity group Jan 31, 2024 · Eramet holds 56% of Societe Le Nickel, which owns mines and a ferronickel plant, and has also previously ruled out further bailouts for the subsidiary. 81M shares representing 9. 11/05/2016. The underground gold mine is also currently the deepest mine in the world with a depth of more than 4km below the surface. Owned and operated by Vale Nouvelle-Calédonie (VNC), a subsidiary of Vale, the Goro mine has been producing Nov 6, 2015 · Caledonia acquired the Blanket mine from Kinross in April 2006. Caledonia, which already owns the Blanket gold mine in Zimbabwe, is updating a feasibility study ahead of the planned construction of a Aug 12, 2022 · The ownership of Scotland’s only professional men’s basketball team has today changed hands. Caledonia Mining Corporation Plc. Mr. It also Oct 19, 2023 · Gold miner wants to raise $250 million for Bilboes mine * New mine could boost Caledonia's output to 250,000 ounces. Orbis Allan Gray Ltd is the largest individual Caledonia Mining shareholder, owning 1. 2016. There are deposits of minerals in Antarctica, including coal and iron ore. View detailed CMCL description & address. The receiving foreign refinery will carry out the final refining and sell the produce on behalf of Caledonia. May 11, 2021. Nov 28, 2019 · Gold producer Caledonia Mining Corporation has successfully completed the shaft sinking phase of its Central Shaft project at its 49%-owned Blanket mine in Zimbabwe. Jersey-based Caledonia will buy Bilboes Gold Ltd Since 1875, the mining sector of Etablissements Ballande, today Société des Mines de la Tontouta and its subsidiaries, have been able to develop the mineral resources of New Caledonia. It also runs the Savannah nickel-copper-cobalt mine in Western Australia. Mar 4, 2021 · New Caledonia is the world's fourth-largest nickel producer. Caledonia Mining has begun the export of gold produced at its Blanket Mine in Zimbabwe direct to a refiner based overseas. Indonesia, the Philippines, Russia, New Caledonia and Australia were among the largest nickel-producing countries in 2023, according to GlobalData. The Blanket Gold Mine is a Zimbabwean gold mine Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. Caledonia Mining Corporation Plc primarily operates a gold mine. 1p over the last 10 years, representing annual growth of 5. Jersey. John McKenzie’s reorganization of the Nebraska Mine, and acquiring the adjacent Kansas properties to the East . 123rf. By Nyasha Chingono. 3 days ago · Caledonia Mining Corporation Plc primarily operates a gold mine. 7 billion) and operations ($3. It also Caledonia Mining has built a solid track record with rising production and declining unit operating costs; this has delivered solid and growing operating cash flow which has supported significant capital investment in the Blanket mine, doubling production capacity to 80,000 oz / pa. The island contains about 7. 2024. Over the five years to 2022, production from New Caledonia decreased by a CAGR of 3. The miner, which also owns Blanket Mine near Gwanda, bought Motapa from Bulawayo Caledonia Mining (NYSEMKT: CMCL) is owned by 26. The Vale management in New Caledonia, most of whom Find the latest Caledonia Mining Corporation Plc (CMCL) stock quote, history, news and other vital information to help you with your stock trading and investing. Glencore Plc plans to sell its stake in a nickel mine and a processing plant on the islands of New Caledonia following a dramatic slump in prices. Caledonia has already agreed a deal to buy Bilboes which made Motapa claims a “high priority”. Certification CFO. 00 (ZAR) estimated $ 0. Caledonia Basketball Holdings Ltd, fully owned by Steve & Alison Timoney have purchased 100% of the shares in Rocks Basketball Ltd, the company which owns and runs the professional basketball franchise competing in the British Basketball League (BBL). 00 pence on May 11, 2021 · Coeur Mining has acquired a 17. The company is headquartered in Perth, Western Australia. Apr 10, 2024 · Caledonia reaffirmed its 2024 gold production guidance at Blanket of 74,000 to 78,000 ounces. 56% between 2023 and 2027. Jul 12, 2024 · Company Information. It takes significant holdings in listed equities, private companies and funds. Nickel production at a Vale smelter in Indonesia. 9% stake in Coeur Mining. It is well on track to increase gold production to 80 000 ozpa from 2022 and onwards following completion of the project in 2020. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. It also 5 days ago · Caledonia Mining Corporation Plc is a gold production, exploration and development company focused on Zimbabwe. Share Price 3,540. Caledonia is a self-managed investment trust. 3 billion for its shares in Mosaic Co. (By Eddie Spence, Irene García Pérez and Find the latest Caledonia Mining Corporation Plc (CMCL) stock quote, history, news and other vital information to help you with your stock trading and investing. Antarctica is also a long way from world markets. Feb 12, 2024 · 2:28. ST HELIER, Jersey, June 12, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has cancelled its bl 5 weeks ago - GlobeNewsWire. It is 51% owned by SMSP and employed 694 members of staff on December 31, 2020. Steve Curtis, the former Chief Executive Officer of Caledonia Mining Corporation, is set to step down from the company’s Board of Directors, the company has announced. Last updated – 28. Operated by Caledonia Mining, the mine is jointly owned by Caledonia (64%) and Zimbabwean shareholders (36%). Nickel Mining Company (NMC) is the joint venture between POSCO and SMSP, based in New Caledonia, which is in charge of supplying the Gwangyang plant in nickel ore. The total Dec 3, 2020 · Over the ten years to September 2020, the trust’s NAV increased by 7. Caledonia owns a 64% stake in the gold-producing Blanket Mine (“Blanket”), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. 41% of the company. View Report Add to Cart. Bilboes is the parent company which owns, through its Zimbabwe subsidiary, Bilboes Holdings, the Bilboes gold project in Zimbabwe. Mined minerals would have had to be shipped over the Feb 12, 2024 · Feb 12 (Reuters) - Glencore (GLEN. 70 per share for the option at a strike price of $15. Feb 12, 2024 · According to Glencore, KNS has contributed $5. HARARE, Oct 19 (Reuters) - Caledonia Mining Corp is May 5, 2023 · May 5, 2023. So Caledonia is ahead of both the All-Share and RPI+3%. 2m (C$146. 15/05/2016. 2015. Operations. 9 billion), including $3 billion spent Mar 25, 2024 · Top ten nickel-producing countries in 2023. Following the implementation of indigenisation, effective from September 2012, Caledonia now owns 49% of the mine. g. 37% institutional shareholders, 0. May 8, 2023 · FGR is a subsidiary of the RBZ; it possesses a gold dealing licence and can facilitate the export of gold by gold-producing companies such as Caledonia. 00 ) , 12/07/2024, 15 mins delay. has agreed to buy one of Zimbabwe’s biggest gold mining projects as it seeks to expand in the southern African country. 00 (USD)*. Using an average gold Aug 16, 2023 · Caledonia is a Zimbabwean focused exploration, development and mining corporation. Show Older. 8% stake in Canada-based Victoria Gold from Orion Co-VI for $117. Inco Limited was a Canadian mining company and the world’s leading producer of nickel for much of the 20th century. Smruthi Nadig ranks the top ten nickel producers and their notable projects. The company is now a fully owned subsidiary called Vale Canada Limited; it is based in Toronto and is responsible for Vale’s Caledonia Mining Corporation Plc Head and Registered Office B006 Millais House Castle Quay St Helier Jersey JE2 3EF +44 1534 679800 info@caledoniamining. Mining of Iron Ore and Chrome in South Africa 2023. It is closest to the small town of Voh, on the west coast of the island. Yamakari to exercise his option (buy the shares) then sell to the market at a Mar 31, 2021 · Ten of out of the total 28 mining companies in Lopez’s order posted net gains, based on their latest available financial statements. Find out more. The Goro nickel-cobalt mine is a fully-integrated mining operation involving an open-pit mine, a processing plant and a port facility in the French island territory of New Caledonia in the South Pacific. 6%. According to GlobalData, New Caledonia is the world’s fourth-largest producer of nickel in 2023, with output up by 3% on 2022. Its nickel industry also includes the SLN subsidiary of French mining group Eramet and a joint venture between commodity group Glencore 3 days ago · Caledonia Mining Corporation Plc primarily operates a gold mine. com Feb 7, 2006 · Metals. 00 p ( -25. The operations have been mothballed as the company’s owners searched for new investors and Caledonia will conduct further studies to determine the “most judicious way” to exploit the deposit, it said. Apr 4, 2024 · African development banks are seen as the most likely funders of Caledonia Mining Corporation’s planned $250 million gold mine in Zimbabwe, the mining company’s CEO Mark Learmonth told Reuters on Wednesday. Yamakari owns a CALL option on stock from Caledonia Mining Corporation (CMCL). Bilboes is a large, high grade gold deposit located approximately 75 kmnorth of Bulawayo, Zimbabwe. Who Owns Caledonia Mining Corporation Plc (CMCL) Caledonia Mining Corporation Plc (CMCL) is a mining company that operates primarily in Zimbabwe. 1 million tonnes of nickel reserves, about 10% of the world's total. It focuses on the production of nickel, copper, and cobalt. After increasing the production at Blanket to 80,000oz in 2022 our main focus areas are to maintain production at around 75-80,000oz at Blanket, complete the 2019: The company announced plans to invest in the construction of a solar power plant at the Blanket Mine, to reduce operating costs and environmental impact. What price does the stock need to reach in order for Mr. It currently produces approximately 1,200t of ore a day. and concluded the sale of a 50% stake in Find the latest Caledonia Mining Corporation Plc (CMCL) stock quote, history, news and other vital information to help you with your stock trading and investing. Sep 6, 2021 · Caledonia Mining Corporation Plc Head and Registered Office B006 Millais House Castle Quay St Helier Jersey JE2 3EF +44 1534 679800 info@caledoniamining. Apr 4, 2024 · Caledonia, which already owns the Blanket gold mine in Zimbabwe, is updating a feasibility study ahead of the planned construction of a new mine at Bilboes to produce at least 170 000 oz/y, making Caledonia owns a 64% stake in the gold-producing Blanket Mine (“Blanket”), 100% stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe. The workings at that time consisted of two shafts about 200 feet deep and an adit 300 feet in length driven in the Butler Lode on the West end of the Caledonia Bluff. Jan 1, 2007 · New Caledonia is an island of the south-western Pacific Ocean which belongs. 6 million tonnes of humid ore with nickel ore grade of about 2%. The Company owns a 64% stake in the gold-producing Blanket Mine Jan 6, 2023 · January 6, 2023. He paid $2. PLC (CMCL) stock price, news, historical charts, analyst ratings and financial information from WSJ. 1%, and RPI by 2. Canada or the US). It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located Jan 9, 2023 · Gold miner Caledonia Mining Corporation has completed the acquisition of Bilboes Gold, which owns the Bilboes gold project in Zimbabwe through its Zimbabwe subsidiary Bilboes Holdings. Smruthi Nadig March 25, 2024. . Caledonia owns 64% of Blanket with the remaining 36% owned by local Zimbabwean Shareholders. 03. The mine resumed operations in October 2021, with the first shipment leaving Mar 19, 2024 · Former Caledonia CEO, Steve Curtis, to step down from Board. Mponeng gold mine located near the town of Carletonville, South Africa, is owned and operated by AngloGold Ashanti. It must be said that the Gold Trade Act was passed as law in 1940, and continues to define the face of Zimbabwe’s gold export regime. com. But getting to them would have required battling the hazardous Antarctic conditions. . 4 billion. to France. Historically, it has been subject to a limited amount of open pit mining. Caledonia is a FTSE 250 self-managed investment trust company with a long track record of delivering consistent returns and progressive Mar 6, 2021 · New Caledonia is the world’s fourth-largest nickel producer. The Blanket mine began production in 1904 and was acquired by Caledonia Mining from Kinross Gold in 2006. Caledonia Mining shares were down 1. ST HELIER, Jersey, July 21, 2022 (GLOBE NEWSWIRE) -- (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) Caledonia Mining Corporation Plc (“Caledonia” or the Nov 18, 2023 · Caledonia Mining Corporation Plc Now Deserves a Buy Rating. Oct 21, 2020 · Caledonia Mining Corp. Jan 24, 2020 · The Blanket gold mine is an underground gold mine located in Zimbabwe. Sixteen posted net losses, while two others didn’t have information available from corporate regulators. Caledonia Mining Corporation Plc: Blanket Mine Q2 2024 Production. The Goro Nickel Project located on the South Pacific island of New Caledonia commenced production in August 2010 with an annual design capacity of 60,000t of nickel and up to 5,000t of cobalt. Nov 3, 2022 · VICTORIA Falls Stock Exchange-listed Caledonia Mining Corporation has bought Motapa Mining Company UK, whose gold claims sit next to Bilboes in southern Zimbabwe. of Gondwana during the Mesozoic Group of answer choices below $ 12. 70 above $. R 20 000. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located In 1863, the Caledonia Mining Company was formed by Dr. Jul 25, 2022 · Bilboes, which owns the Isabella-McCays-Bubi mines in northwest Zimbabwe, can potentially produce about 168,000 ounces of gold, Caledonia said. Mining of Iron Ore and Chrome in South Africa. 65Moz. Jul 12, 2013 · SLN was owning over 70 percent of the tenements of New Caledonia, so it's very important. First Quarter 2016 Financial Statements. Caledonia Mining Corporation has announced that, following the satisfaction of conditions precedent, it has completed the acquisition of Bilboes Gold. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. 96 million ounces of gold at a grade of 2. This will compare to 75,416 ounces in 2023. Caledonia acquired the Blanket Mine from Kinross Gold Corporation with effect from April 2006. Caledonia’s dividend has increased from 35. 00. France. It is headquartered in Toronto, Ontario, Canada. Find all Caledonia Mining Corporation's reports & presentations, such as MD&A's, Financial Statements and Certifications. 29 g/t and measured and indicated mineral Feb 12, 2024 · Glencore, which owns 49 per cent of Koniambo Nickel SAS (KNS), said high operating costs and weak market conditions made operations unprofitable, even factoring in the French government’s May 22, 2024 · JAKARTA, Indonesia (AP) — Global nickel prices have soared since deadly violence erupted in the French Pacific territory of New Caledonia last week. 5% of the share capital of Caledonia Investments plc. Robust production continues at Blanket MineST HELIER, Jersey, July 10, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN, AIM and VFEX: CMCL) announces gold production from the Blanket Mine (“Blanket”) in Zimbabwe for the quarter ended June 30, 2024 (“Q2 2024 Apr 16, 2024 · Panoramic Resources Limited is an Australian mining company founded in 2001. 4 days ago · It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe. kn dr sm qk ok gi rm sh da zq