Investors pile into Caledonia Mining after new copper-cobalt find in Zambia
Caledonia, worth $57 million on the TSX, is up 35% so far this year and ten times the usual volume of 131,000 shares changed hands on Monday.
The Zimbabwe School of Mines says it is also making efforts to mainstream women in mining through trained-based affirmative action. "In particular, the institute has opened traditionally male-dominated technical careers such as mining engineering, geology and mineral processing to women with the aim to increase their participation in the mining sector," a senior official said.
Vice-chancellor Orlando Quilambo said that Eduardo Mondlane University would this year teach courses in Cartography and Geological Surveying, Applied Geology, and Oil Engineering. “We signed a deal with an oil exploration company for joint training of around 200 students in this area by 2015,” Quilambo explained.