06:20 AM EST, 11/05/2026 (MT Newswires) -- Caledonia Mining (CMCL.L) subsidiary Caledonia Holdings Zimbabwe signed an interim financing facility agreement, with a 36-month term and a one-year extension option, for up to $150 million. The loan comprises a revolving credit facility of up to $50 million and an interest rate of the secured overnight financing rate plus 8.10% per year, and a term facility of up to $100 million, with a $50 million accordion option and an interest rate of SOFR plus 7.90% per year, according to a Thursday filing. Proceeds are earmarked for the development of the London-listed miner's Bilboes gold project in Zimbabwe, with main construction expected in 2027. Initial gold delivery is targeted for October 2028.

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