MARKETS LIVE: Graphite deal, helium programme and pharma agreement feature in small-cap roundup

Caledonia Mining secured a $150m interim financing facility from eight Zimbabwean banks to fund the Bilboes Gold Project. The 36-month facility includes a $50m revolving credit and a $100m term loan, with interest rates tied to SOFR. The company aims to start construction in 2027 and produce first gold by October 2028. This financing is part of Caledonia's broader funding strategy for the project.

Caledonia Mining CEO Mark Learmonth announced a $150M interim financing facility for its Bilboes gold project in Zimbabwe, supporting procurement and early site activity. The facility is part of the company's four-pillar funding strategy, with three elements now in place. Learmonth expects long-term financing to finalize in 3-4 months, with contractors already starting preliminary work.

Caledonia Mining Corporation secured a US$150m financing facility from Zimbabwean banks for its Bilboes gold project. The deal includes a US$50m revolving credit and a US$100m term facility, with options to increase. Initial groundwork has begun, with construction planned for 2027 and first production targeted for October 2028. The company is listed on NYSE American, AIM, and Victoria Falls Stock Exchange.

Caledonia Mining (CMCL) secured $150M in interim financing from eight lenders, including Stanbic Bank Zimbabwe and CBZ Bank, for its Bilboes gold project. The deal includes a $50M revolving credit line and a $100M term facility, with options to increase the latter. The company is also negotiating long-term funding and aims for first gold in October 2028.

Caledonia Mining Corporation secured a $150 million interim financing facility for its Bilboes Gold Project in Zimbabwe. The facility, arranged by Stanbic Bank and CBZ Bank, includes two tranches with varying terms and interest rates. This funding supports the project's development, complementing Caledonia's convertible notes offering and gold price hedging program.

Caledonia Mining (CMCL) raised $150 million for its Bilboes project and reported 39% revenue growth in 2025. The company trades at $20.25 with a 28% decline over the past year. It has a 79 Superscore, indicating strong financial performance and operational efficiency, but faces risks like jurisdiction volatility and rising production costs.