Interview with CEO Mark Learmonth. Caledonia Mining recently announced the completion of the acquisition of Bilboes in Zimbabwe. The project already has a gold resource of 2.56 million ounces of gold at 2.29 g/t and an attractive feasibility study, according to which the project could produce 168,000 ounces of gold per year. Currently, the company is evaluating a multiphase construction option to fund the construction of the mine from cash flow. With the adjacent Motapa project, the company sees even more production potential in the future.