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News  ›  GlobeNewswire Inc.

Caledonia Mining Corporation Plc: Publication and Highlights of the Feasibility Study for Bilboes Gold Project

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Caledonia Mining Corporation Plc
Caledonia Mining Corporation Plc: Publication and Highlights of the Feasibility Study for Bilboes Gold Project

Caledonia Mining Corporation announced a feasibility study for the Bilboes Gold Project in Zimbabwe, confirming a single-phase development with 1.749 Moz of gold reserves, expected first production in late 2028, and projected annual production of 200,000 oz in the first full year.

Insights
META   neutral

Mentioned as a competitor in AI innovation, with Snap potentially challenging their AI capabilities


CMCL   positive

Positive feasibility study results, robust project economics with strong NPV, IRR, and production potential, and strategic expansion of gold production capabilities