eBusiness Weekly
Business Writer
Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation, has appointed James Mufara as chief operating officer with effect from May 1, 2024.
Mufara (49) was previously engaged with Harmony Gold Mining Company Limited where, as regional general manager, he headed a complex portfolio of operations consisting of five mines and 15,000 staff, producing about 450,000 ounces of gold per annum.
A holder of a BSc in Mining Engineering and an MBA, Mufara has over 25 years’ experience in the mining sector in Southern Africa, including 13 years in leadership roles.
His career has been primarily gold focused, but also with exposure to nickel, copper and chrome mining.
His experience includes deep-level underground mining and open-pit operations, which is relevant to the existing underground operation at Blanket Mine and Caledonia’s development projects at Bilboes and Motapa, which will be open-pit.
Commenting on the appointment, group chief executive officer Mark Learmonth noted: “I am delighted James will soon be starting his new role at Caledonia. He will be joining us at a pivotal moment in Caledonia’s development and I know the team will benefit from his wealth of experience. I very much look forward to working with him.”
Mufara said: “I am excited that I will be joining Caledonia and look forward to working with the talented team to drive operational performance across the group’s high-quality portfolio.”
The appointment comes barely a month after other recent appointments, like Tariro Gadzikwa as an independent non-executive director. This comes as the company is moving towards enhancing production and pushing its ambitions of becoming a multi-asset gold producer.
