Caledonia buys back 15% interest in Blanket gold mine in Zimbabwe

Caledonia Mining (TSX: CAL; NYSE: CMCL) has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at $16.6 million. After completing the transaction, Caledonia will own 64% of Blanket. Under the terms...