Caledonia mining
The well-established Blanket gold mine is located in the south-west of Zimbabwe approximately 15 km west of Gwanda.
Triple-listed Caledonia Mining received notification on 1 September that the company's largest shareholder, Allan Gray, increased its interest in the company.

Allan Gray’s interest in Caledonia Mining is held through Allan Gray Africa ex-SA Equity Fund has increased from 1 167 100 common shares (which represented 11.06% of the shares in issue) to 1 257 300 common shares (which represents 11.91% of the shares in issue).

Caledonia Mining has not been notified of any change to Allan Gray’s interest through its other relevant fund, Allan Gray Africa Equity Fund, from 787 930 common shares (which represents 7.46% of the shares in issue).

The aggregate number of shares of the company in which Allan Gray’s funds have an interest in the company has therefore increased to 2 045 230 common shares which represents 19.38% of the shares in issue.

Feature image credit: Caledonia Mining