Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Caledonia Mining raises $150M for Zimbabwe’s Bilboes gold mine, boosting investor confidence amid strong U.S. demand and rising gold prices.
Caledonia Mining's $150 million bond raise for Zimbabwe’s Bilboes gold mine marks a major boost to investor confidence, with U.S. institutional demand exceeding $600 million.
The project, set to begin production in late 2028 and yield 200,000 ounces annually from 2029, aims to become Zimbabwe’s largest gold mine.
Total capital needs are $584 million.
CEO Mark Learmonth said the funding signals a turning point, reflecting improved perceptions of Zimbabwe’s mining sector amid rising gold prices and record output of 47 metric tons in 2025.
3 Articles
Caledonia Mining recauda 150 millones de dólares para la mina de oro de Bilboes en Zimbabue, aumentando la confianza de los inversores en medio de una fuerte demanda en Estados Unidos y el aumento de los precios del oro.