Victor Gapare appointed Caledonia executive direct...

Victor Gapare appointed Caledonia executive director

Zim Now Writer

Victor Gapare has been appointed as an executive director of Caledonia with effect from today.

Caledonia chairman, Leigh Wilson, commented: “I am very pleased the acquisition of Bilboes has been completed. I extend my appreciation to the Bilboes vendors and their advisors for their active assistance in closing what has been a complex deal, and in particular to Victor Gapare who has been closely involved with Caledonia management in satisfying a number of key conditions to the transaction. It is my pleasure to welcome Victor to the Caledonia board. His extensive knowledge of both the project itself and, more broadly, of mining in Zimbabwe is an invaluable addition to the board,” said Wilson.

Previously the operations director for the gold and pyrites business of Anglo-American Corporation Zimbabwe Limited when Bilboes was part of its portfolio, Gapare is a former president of the Chamber of Mines Zimbabwe.

Since the management buyout of Bilboes from Anglo American Corporation Zimbabwe Limited in 2003, Gapare has been the CEO of Bilboes Holdings.