The Potential of Zimbabwe for the Mining Industry with Steve Curtis – Dig Deep – The Mining Podcast

In this episode, we chat to Steve Curtis, CEO of…


In this episode, we chat to Steve Curtis, CEO of Caledonia Mining, a profitable cash generative gold producer with a strong growth profile. Their primary asset is the Blanket Mine in Zimbabwe. They are listed on both the NY and London Stock Exchanges under the symbol (CMCL)


Steve is an accountant by background with over 30 years of experience. He has been in the mining industry for over 15 years and has been the head of the company since 2014. We talk about the increased Mineral Resource and Mineral Reverses at the Blanket Mine and their big infrastructure project, Central Shaft which is now in operation. We also discuss mining in Zimbabwe and how they navigated their way through the turmoil that the country has experienced over the past decade.




  • Steve´s accounting background has helped Caledonia Mining to navigate hyperinflation and a lack of foreign currency. He explains how in the podcast.
  • The government is putting in place dollar retention schemes to help exporters, which will make the country more attractive for mining investment.
  • Caledonia Mining Corp is Jersey registered, which is beneficial to shareholders.
  • From a geological point of view, Zimbabwe is a great location which is one of the main reasons they are expanding there.
  • Drilling and exploration of their other sites are ongoing.
  • The plan is to stay in gold and to become a far larger producer.
  • Investing in infrastructure has enabled them to mine deeper and across far more faces.
  • Blanket mine still has plenty of reserves to exploit.
  • Zimbabwe has a great workforce and investors are very welcome there.
  • The infrastructure, roads etc. are still in good condition.
  • Investing in solar is solving the power constraint issue and reducing the environmental impact their mining operation has.
  • At this time, the economics of storing excess power in batteries is not right. But, they are working to address that issue.
  • The Blanket mine is self-financing.
  • Blanket mine staff and the community are both shareholders.




‘A company´s cash flow statement is its most meaningful statement. ´

‘Our intention has always been to reward shareholders with a good dividend stream.’












Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients’ organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.



Podcast Description


Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *