Caledonia raises US$13M for solar plant

Toronto-based gold producer Caledonia Mining has raised US$13 million for the construction of a solar power plant to supply electricity to its Blanket mine in Zimbabwe.

Caledonia raises US$13M for solar plant Caledonia raises US$13M for solar plant Caledonia raises US$13M for solar plant Caledonia raises US$13M for solar plant Caledonia raises US$13M for solar plant

The solar PV plant will supply Blanket’s baseload demand during peak sunlight hours

Caledonia raised the funds through the sale of 597,963 shares at market price to US financial services company Cantor Fitzgerald & Co.

The company plans to develop a 19.

denied_image

The mining operations intelligence you need

Gain deeper insight with a Mining Magazine Premium Subscription including unrivaled research reports from Mining Magazine Intelligence.

 

 

 

 

 

 

 

Most popular

Digital access from £1

£1 for the first month followed by monthly instalments at a rate of £49.50

SUBSCRIBE NOW
  • Market leading coverage of new technologies and trends affecting the way in which mines are managed and operated
  • In-depth and unrivalled reports on the most successful/innovative mining operations
  • Insight on new mining equipment and management techniques to help mine management improve/advance their operations
  • The most insightful and interesting interviews with industry figureheads and subject matter experts
  • Exclusive columns on a regular basis
  • Unique onsite reporting from key industry events

view all subscription options

Best Value

Premium Print and Digital subscription

SUBSCRIBE NOW
    • All the benefits of an online subscription plus:
    • The latest print edition delivered to your door every fortnight
    • 4 annual reports produced by Mining Magazine's Intelligence division:
      • The Automation Report
      • Digitalisation Report
      • Future Fleets Report
      • The Exploration Report
    • All the above accessible in digital and print.

view all subscription options

topics

loader

related articles

Zimbabwe's miners turn to solar to ensure reliable energy supply

Zimbabwe gets about 3,000 hours of sunlight a year

Power / Remote power

31 MAY 2023
Zimbabwe
Zimbabwe
Zimbabwe

research reports

Rio Tinto begins tellurium production

Design / Build

13 MAY 2022
Rio Tinto begins tellurium production
Rio Tinto begins tellurium production

Ed's note: It's the processing, stupid

Plant

25 JUL 2023
Ed

First Quantum chooses Metso for Kansanshi

Plant

04 JUL 2023
First Quantum chooses Metso for Kansanshi
First Quantum chooses Metso for Kansanshi

Jervois awarded $13M for Finland cobalt refinery expansion

Plant

23 JUN 2023
Jervois awarded $13M for Finland cobalt refinery expansion

More from this Section

Rio Tinto constructing 6000-panel solar plant in NWT

Power / Remote power

11 AUG 2023

ABB and Norge Mining partner on 'next generation' mine

Power / Remote power

10 AUG 2023

Sierra Rutile says power has been restored in Sierra Leone

Power / Remote power

09 AUG 2023

IMPLATS production falls amid power issues

Power / Remote power

08 AUG 2023

BHP erecting WA's 'tallest' wind turbines at Nickel West

Power / Remote power

02 AUG 2023

Vale's solar energy complex hits full capacity

Power / Remote power

18 JUL 2023

From our partners

article_image

HIGHLIGHT

alt=''

research reports

Most read Infrastructure

Mining Magazine Sitemap

Surface Mining+
Underground Mining+
Processing+
Asset Management+
Infrastructure+
Future of Mining+
Most popular content+
About Mining Magazine
Subscribe
Social

Aspermont Brands

 

Aspermont Research Reports

 

Aspermont Events

 
    • footer-images
    • footer-images
    • footer-images
    • footer-images
    • footer-images

Copyright © 2000-2023 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login