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flag Caledonia Mining sells Zimbabwe solar plant subsidiary to CrossBoundary Energy for $22.35M, focusing on gold mining.

flag Caledonia Mining Corporation has agreed to sell its Zimbabwe subsidiary, which operates a 12.2MWac solar plant supplying Blanket Mine, to CrossBoundary Energy Holdings for $22.35 million. flag The sale allows Caledonia to focus on gold mining and reinvest profits into more lucrative projects. flag The solar plant's power will continue to be purchased by Blanket Mine under a contract. flag Completion is pending local regulatory approvals and equipment upgrades.

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