US-based VanEck targets Caledonia after Endeavour, Harmony and B2gold
There is no stopping the well-known gold fund manager in Africa. VanEck has now positioning itself in Zimbabwe, a jurisdiction long avoided by foreign investors.
10/09/2021 at 17h06, by Africa Business+
Through its special fund that targets intermediate and small mines globally, VanEck Vectors Junior Gold Miners UCITS ETF, the structure from across the Atlantic has acquired just under 4% of Caledonia Mining. This entity based in Jersey and South Africa operates Zimbabwe’s only industrial gold mine, Blanket. The amount of the transaction is not known.
Recommended articles
Mines
10/11/2022 at 17h24, by Africa Business+
Endeavour Mining to significantly reduce debt by 2023
The West African gold producer led by Sébastien de Montessus, President and CEO, ranks as one of the...
Mines
21/09/2022 at 16h10, by Africa Business+
Advisers to B2Gold’s takeover of Oklo Resources in Mali
To finalise the acquisition of the ASX-listed junior mining company, the Canadian firm was supported...
Mines
24/06/2022 at 17h22, by Africa Business+
B2Gold invests $3 million in exploration in Bakolobi following its agreement with Baris Travaux
In the wake of the key Menankoto permit obtained last year, the Canadian mining company recorded another...
Mines
20/01/2022 at 19h58, by Africa Business+
B2Gold to spend $300 million on its African mines in 2022
The Vancouver-based, Toronto-listed company, active in Mali and Namibia, had a record year with revenues...
Mines
13/12/2021 at 19h31, by Africa Business+
What of Baris Travaux’s position after Little Big Mining withdraws from B2Gold’s Menankoto permit claim
After several months of legal disputes between the company B2Gold – via its subsidiary Menankoto Sarl...
News
24/11/2021 at 17h54, by Africa Business+
Côte d’Ivoire: Endeavour Mining accelerates at Fetekro and creates operating company
Recently spun off from its Agbaou gold mine, the Canadian yellow metal producer is moving into high...