Blanket Mine

  • Indigenous firm sells Blanket Mine stake

    Indigenous firm sells Blanket Mine stake

    by

    spiked online media

    in

    Fremiro Investments Private Limited, a Zimbabwean firm, which acquired a 15 percent stake in the Blanket Mine under the previous government’s indigenisation programme, has sold its stake to majority shareholder Caledonia Mining Corporation. The original MOU between the two partirs was signed in November 2018 with the price US$16.7 million. As a result of the…