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Local - May 15, 2026
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InternationalNews
Caledonia cash pile jumps as Bilboes project gathers pace
CALEDONIA Mining Corporation grew its liquidity position to US$191,1 million in the first quarter ended March 31, 2026, strengthening its ability to fund the ambitious Bilboes Gold Project.
The miner said improved cash position gives it greater financial flexibility as it pushes ahead with Bilboes, despite lower quarterly gold production caused by constrained access to higher-grade ore areas.
Net cash and liquid assets stood at US$180,4 million at the end of.
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