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Caledonia makes good progress on Bilboes feasibility study
NYSE- and Aim-listed gold miner Caledonia Mining has reported that it has been making good progress on the feasibility study for the Bilboes project, in Zimbabwe, with the support of DRA Projects and other technical consultants. While the feasibility study was initially targeted for completion in the first quarter of this year, the company says it has decided to extend the timeline to fully explore several material optimisation opportunities that have the potential to enhance project economics and reduce upfront capital requirements.
NYSE- and Aim-listed gold miner Caledonia Mining has reported that it has been making good progress on the feasibility study for the Bilboes project, in Zimbabwe, with the support of DRA Projects and other technical consultants. While the feasibility study was initially targeted for completion in the first quarter of this year, the company says it has decided to extend the timeline to fully explore several material optimisation opportunities that have the potential to enhance project economics and reduce upfront capital requirements.
