ST HELIER: Caledonia Mining Corporation notes that it is to be included in the MVIS Global Junior Gold Miners Index (GDXJ Index) for the first time following the GDXJ Index’s first quarter 2021 review.
The GDXJ Index forms the basis of various passive gold sector investment funds in the North American market, the most significant being the $5.2 billion VanEck Vectors Junior Gold Miners ETF. The addition of Caledonia to the Index will occur on Friday March 19, 2021.
Steve Curtis, Chief Executive Officer, said: “I am delighted with our imminent inclusion in the GDXJ Index. The listing of our shares on the NYSE American has increased our liquidity significantly and our inclusion on the Index should further raise our profile among retail and institutional investors.
“The addition of Caledonia to the Index will be an important milestone for our business and will come at an exciting time for the Company with the commissioning of Central Shaft due to be completed in the first quarter of this year.”