Wednesday, June 21, 2006
(AFX UK Focus) 2006-06-20 13:43 GMT: Caledonia Mining buys Zimbabwe mine from Kinross Gold
(AFX UK Focus) 2006-06-20 13:43 GMT: Caledonia Mining buys Zimbabwe mine from Kinross Gold
LONDON (AFX) - Caledonia Mining Corp said it acquired the Blanket Mine in Zimbabwe from Kinross Gold Corp for 1 mln usd and 20 mln Caledonia shares. The Blanket Mine has been producing gold since ancient times and total historical production reportedly passed 1 mln ounces in 2005, Caledonia said.
Zimbabwe: Police Arrest Panners, Recover 30kg Gold Ore
POLICE have arrested 56 illegal gold miners and recovered about 30 kilogrammes of gold ore in Mashonaland Central province under an operation code named "Operation Upfumi Hwedu".