Caledonia Mining

Caledonia Mining Corp. Plc engages in the mining, exploration, and development of mines. It operates through the following geographic segments: Zimbabwe; South Africa; and Corporate and Other. The Zimbabwe segment includes Caledonia Holdings Zimbabwe Limited and subsidiaries, and Caledonia Mining Services (Private) Limited. The South Africa segment comprise of sales made by Caledonia Mining South Africa Proprietary Limited to the Blanket Mine. The company was founded on February 5, 1992 and is headquartered in St. Helier, Jersey.

Earnings data Q4 2020

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Caledonia Mining excels in Q2 2024 with increased production and profitability

Caledonia Mining's Q2 2024 earnings call highlighted a strong financial performance, with increased production, revenue, and profitability. The company showcased operational efficiency through cost reductions and strategic focus on growth initiatives. While facing challenges like foreign exchange losses and production risks, Caledonia Mining is well-positioned to capitalize on opportunities for extended mine life and continued growth.

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Caledonia Mining Corp. Plc engages in the exploration, development, and production of gold and other precious metals from its mineral properties. Its projects include Blanket Gold Mine and Maligreen. The company was founded on February 5, 1992 and is headquartered in St. Helier, Jersey.

ST HELIER, Jersey, July 05, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) announces that a consultant to the Company who was issued share options in 2017 has exercised options in respect of, and the Company has instructed the issue and allotment of, 5,000 common shares of no par value each in the Company (the “Option Shares”). The exercise price was US$7.35 per Option Share.

Caledonia Mining Corporation Plc: Exercise of share options

ST HELIER, Jersey, July 01, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.

Caledonia declares quarterly dividend

ST HELIER, Jersey, June 12, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has cancelled its block admission, and that no shares have, or will be, allotted pursuant to its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co (the “ATM Sales Agreement”), which was announced on May 18, 2023.

Caledonia Mining Corporation Plc: Cancellation of the block admission in respect of ATM Sales Agreement

Caledonia Mining has decided to go ahead with its Bilboes project in Zimbabwe through a single phase of development after a study showed it could return the capital coat in under two years. Bilboes would almost triple annual production to more than 200,000 ounces of gold a year, Caledonia added.

Caledonia Mining production to triple as Bilboes project gets go ahead

ST HELIER, Jersey, June 03, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the Company will shortly be filing a preliminary economic assessment in accordance with Canada's National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) on SEDAR+ (the “PEA”) for a single-phase development of the Bilboes sulphide gold project (the "Project"). A copy of the PEA, which is entitled “Bilboes Gold Project Preliminary Economic Assessment” with effective date May 30, 2024 prepared by DRA Projects (Pty) Ltd (“DRA”), and reflecting the summary information contained in this announcement, will also be available on the Company's website at www.caledoniamining.com/investors/technical-reports/. All dollar figures are in U.S. dollars unless otherwise noted.

Caledonia to file preliminary economic assessment on chosen approach to develop the Bilboes sulphide gold project

ST HELIER, Jersey, May 20, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) gives below the information required by Schedule Six of the AIM Rules for Companies in connection with its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co (“Cantor”) (the “ATM Sales Agreement”), as announced on May 18, 2023.

Caledonia Mining Corporation Plc: Utilisation of the block admission in respect of ATM Sales Agreement

Caledonia Mining unveiled substantial increases in reserves and resources (R&R) at the 64%-owned Blanket gold mine, notes house broker Liberum. Overall, Blanket's Measured, Indicated & Inferred (MI&I) ounces increased by 47% to 2.85 million oz and grade by 20% to 3.74g/t, of which the proportion of higher-confidence M&I ounces improved to 63% (from 56%).

Caledonia Mining unveils substantial upgrade at Blanket, says broker

Caledonia Mining has announced a raft of upgrades to the reserves and resources at its 64%-owned Blanket mine in Zimbabwe, extending the life to 2034 and beyond. Blanket's 1300 S-K mineral reserve and mineral resource ounces rise by 111% and 36% respectively, with a 7% and 23% increase in mineral reserve and mineral resource grade.

Caledonia Mining eyes Blanket extension past 2040 after resources upgrade

ST HELIER, Jersey, May 15, 2024 (GLOBE NEWSWIRE) --  following the announcements of encouraging drilling results at Blanket Mine in Zimbabwe ("Blanket") on July 10, 2023 and January 30, 2024, Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce an increase to the mineral resources and mineral reserves estimates at Blanket.

Caledonia Mining Corporation Plc: Increases in mineral resources and mineral reserves estimates at Blanket Mine, publication of Annual Report on Form 20-F and notice of a shareholder webinar

Call Start: 09:00 January 1, 0000 9:27 AM ET Caledonia Mining Corporation Plc (NYSE:CMCL ) Q1 2024 Earnings Conference Call May 13, 2024 09:00 ET Company Participants Camilla Horsfall - Vice President, Group Communications Mark Learmonth - Chief Executive Officer Chester Goodburn - Chief Financial Officer Camilla Horsfall [Call starts abruptly] Welcome to our Q1 2024 Results Call for shareholders. On the call from Caledonia, you have Mark Learmonth, our CEO; Chester Goodburn, our CFO; Victor Gapare, our Executive Director; and then myself, Camilla Horsfall, I'm the Vice President of Group Communications.

Caledonia Mining Corporation Plc (CMCL) Q1 2024 Earnings Call Transcript

Caledonia Mining's profits recovery in 2024 comes ahead of two major catalysts due shortly, says broker Liberum The 64%-owned Blanket gold mine's good start has continued into the current period (further evidence of a sustainable turnaround): in April, 8.0koz (100% basis)  was produced, resulting in operations generating US$7.1m  that month (before working capital and tax). In addition, the 2024 production and sustaining cost [AISC] guidance was reiterated.

Caledonia recovers ahead of two major catalysts, says broker

Caledonia Mining's underlying profits more than trebled in its latest quarter due to higher gold prices and lower production costs at the Blanket gold mine in Zimbabwe. Gross profit rose to US$13.8 million (Q1 2023: $5.8 million) as gold revenue rose to US$38.5 million while sustained costs (AISC) dropped to US$1,296 an ounce from US$1,412.

Caledonia Mining reports strong start to current year

ST HELIER, Jersey, May 13, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces its operating and financial results for the quarter ended March 31, 2024 (the "Quarter"). Further information on the financial and operating results for the Quarter can be found in the Management Discussion and Analysis ("MD&A") and the unaudited interim financial statements which are available on the Company's website and which are being filed on SEDAR today.

Caledonia Mining Corporation Plc Results for the Quarter ended March 31, 2024; Notice of Management Conference Call

ST HELIER, Jersey, May 09, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN, AIM and VFEX: CMCL) expects to publish its Q1 results for 2024 on Monday, May 13, 2024.

Caledonia Mining Corporation Plc Notice of Results and Investor Presentation

ST HELIER, Jersey, May 07, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("the Company") (NYSE American, AIM and VFEX: CMCL) announces the results of its annual general meeting of shareholders (the “AGM”) held at St Helier, Jersey today.

Caledonia Mining Corporation Plc: Results of Annual General Meeting

Caledonia Mining Corporation said production from the Blanket Mine in Zimbabwe increased by 6% in the latest quarter. First quarter output in three months to end-March 2024 was 17,050 ounces of gold, with 18,750oz sold over the period.

Caledonia Mining increases gold sales by 17% as price soars

ST HELIER, Jersey, April 10, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("the Company" or "Caledonia") (NYSE AMERICAN, AIM and VFEX: CMCL) announces that following the vesting of long-term incentive plan awards (“LTIPs”) on April 2, 2024, which were awarded under the Company's 2015 Omnibus Equity Incentive Compensation Plan (the "Plan"), a total of 335 common shares of no par value in the Company are being issued to members of staff within the Company's group (none of whom are "Persons Discharging Managerial Responsibility" ("PDMRs") within the meaning of the Market Abuse Regulation (EU) No. 596/2014), including in the form of Zimbabwe depositary receipts in respect of such shares, on or about April 12, 2024.

Caledonia Mining Corporation Plc: Issue of Securities Pursuant to Long Term Incentive Plan Awards and Issue of New Long Term Incentive Plan Awards

ST HELIER, Jersey, April 10, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notification on April 9, 2024 from BlackRock, Inc. that on April 8, 2024 it had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies).

Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder

ST HELIER, Jersey, April 10, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces gold production from the Blanket Mine in Zimbabwe ("Blanket") for the quarter ended March 31, 2024 ("Q1 2024" or "the Quarter"). All production numbers are expressed on a 100 per cent basis and are based on the final assay at the refiners.

Caledonia Mining Corporation Plc Blanket Mine Q1 2024 Production

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has appointed James Mufara, the industry veteran, as its chief operating officer. Mufara will join on May 1, having previously worked at Harmony Gold (NYSE:HMY) Mining, where he was regional general manager.

Caledonia Mining appoints indusrty veteran as chief operating officer

ST HELIER, Jersey, April 08, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that James Mufara (aged 49) has agreed to join the Caledonia group as Chief Operating Officer with effect from May 1, 2024. James was previously at 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, mining 450koz of gold per annum.

Caledonia Mining Corporation Plc: Appointment of Chief Operating Officer

Caledonia Mining Corporation Plc (NYSE:CMCL ) Q4 2023 Earnings Conference Call April 3, 2024 9:00 AM ET Company Participants Camilla Horsfall - VP, Group Communications Mark Learmonth - CEO Chester Goodburn - CFO Camilla Horsfall We're going to run through the presentation as always, and we will leave time for questions at the end. What we do ask though is if you do have a question, if you could just raise your hand and we will unmute you.

Caledonia Mining Corporation Plc (CMCL) Q4 2023 Earnings Call Transcript

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) declared a quarterly dividend of US$0.14 per share as it reported a robust performance of Zimbabwe's Blanket mine in 2023, with cash flows improving in the second half. The dividend was kept the same level as the prior year even though, as revealed in a trading update at the start of this month, production was in line with expectations but one-off costs took the edge off profits.

Caledonia Mining keeps dividend flat as sign of confidence in Blanket mine

ST HELIER, Jersey, March 28, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces its operating and financial results for the year ended December 31, 2023 (the "Year"). Further information on the financial and operating results for the Year and the quarter ended December 31, 2023 (the "Quarter" or "Q4") can be found in the Management Discussion and Analysis ("MD&A"), and the audited financial statements, which are available on the Company's website and which are being filed on SEDAR.

Caledonia Mining Corporation Plc Results for the Year ended December 31, 2023; Notice of Management Conference Call; Dividend Declaration

ST HELIER, Jersey, March 27, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that documents comprising a notice of annual general meeting of shareholders (the “AGM”) and a management information circular – solicitation of proxies together with a proxy form are now available at:

News for Caledonia Mining Stock (CMCL)