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 Q1 2021

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Earnings data Q3 2024

Earnings data Q4 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.

Caledonia Mining reports stable Q3 performance amidst strategic growth plans

Caledonia Mining's Q3 2024 performance was steady, with a focus on operational efficiency and strategic growth. Despite challenges in costs and currency, the company is actively pursuing opportunities for expansion and cost management.

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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.

Following Caledonia Mining's offer to buy the Zimbabwe-based gold project Bilboes for US$53mln, equities analysts at Liberum have reiterated their buy-side sentiment for the AIM-listed corporation. “The Bilboes acquisition could, in a single stroke, potentially see Caledonia realising its ambition of becoming a >200koz/year multi-asset producer,” said Liberum.

Caledonia Mining's Bilboes acquisition a boost for investor confidence

Caledonia Mining Corp PLC has agreed to buy the Bilboes gold project in Zimbabwe in a transformational deal that it said could lead to a four-fold increase in the company's overall production. Caledonia has agreed to buy Bilboes Gold Ltd, owner of the project, for about US$53.3mln (£44.4mln) in shares and a 1% net smelter royalty (NSR) on the project's revenues.

Caledonia Mining to buy Bilboes gold project in Zimbabwe in a transformational deal

ST HELIER, Jersey, July 21, 2022 (GLOBE NEWSWIRE) -- (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) is pleased to announce that it has signed an agreement to purchase Bilboes Gold Limited, the parent company which owns, through its Zimbabwe subsidiary, Bilboes Holdings (Private) Limited (“Bilboes Holdings”), the Bilboes gold project in Zimbabwe (“Bilboes” or the “Project”) for a total consideration of 5,123,044 Caledonia shares representing approximately 28.5 per cent of Caledonia's fully diluted equity, and a 1 per cent net smelter royalty (“NSR”) on the Project's revenues (the “Transaction”). Based on yesterday's closing share price on NYSE American of $10.40 per share, the value of the new shares that will be issued as consideration is currently $53,279,658. Completion of the Transaction will be subject to several conditions set out below.

Caledonia Mining Corporation Plc Transaction to acquire the Bilboes gold project in Zimbabwe

(Kitco News) - Caledonia Mining (NYSE: CMCL) today announced record gold production from the Blanket mine in Zimbabwe for the quarter ended 30 June 2022.

Caledonia Mining reports record quarterly gold production in Zimbabwe, reiterates its annual guidance

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) reported record gold production from the Blanket Mine in Zimbabwe in the second quarter and said it was on track to meet its full-year output guidance. It produced 20,091 ounces of gold, up 20% from the year-earlier quarter, lifting first-half output to 38,606 ounces, a 29% increase on the first half of 2021.

Caledonia Mining reports record gold production in second quarter

Broker Liberum has initiated coverage on Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL), the Zimbabwe-focussed gold specialist with a long track record of production from its Blanket mine near Bulawayo. “The investment case is attractive,” wrote Liberum analyst Yuen Low.

Liberum sets a 1,380p price target for Caledonia Mining, based on forecasts of strong free cash flow

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL)'s board of directors has declared a quarterly dividend of US$0.14 on each of its shares. The company, which aims to become a multi-asset gold producer, also said it is on track to reach target production of between 73,000 and 80,000 ounces of gold this year.

Caledonia Mining announces US$0.14 quarterly dividend; on track to hit production target

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) offers significant growth potential in an under-explored African greenstone belt, Cenkos Securities believes. The broker reiterated its ‘buy' recommendation on the Zimbabwe-focused miner, saying Caledonia delivers high yield exposure to the gold sector with increasing production from the 64% owned Blanket Gold Mine in Zimbabwe.

Caledonia Mining offers significant growth potential

The company booked net income of $6 million in Q1 and its gold mine in Zimbabwe is set to boost its annual output to around 80,000 ounces this year. However, this improved performance is in line with the life of mine plan for the project, and reserves are expected to run out in 2026.

Caledonia Mining Looks Overvalued Based On Fundamentals

ST HELIER, Jersey, May 17, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it is today filing with the U.S. Securities and Exchange Commission (the “SEC”) on EDGAR the Company's Annual Report on Form 20-F for the fiscal year ended December 31, 2021 (the “Annual Report”). The Annual Report was prepared in compliance with the SEC's technical disclosure requirements for mining companies under new subpart 1300 of Regulation S-K (“1300 S-K”).

Caledonia Mining Corporation Plc Publication of Annual Report on Form 20-F exhibiting Technical Report Summaries

Caledonia Mining Corporation Plc. (NYSE:CMCL ) Q1 2022 Earnings Conference Call May 16, 2022 10:00 AM ET Company Participants Steve Curtis – Chief Executive Officer Dana Roets – Chief Operating Officer Mark Learmonth – Chief Financial Officer Maurice Mason – Vice President, Corporate Development Camilla Horsfall – Vice President, Investor Relations Conference Call Participants Camilla Horsfall Welcome to our Q1 results [Indiscernible] Caledonia.

Caledonia Mining Corporation Plc. (CMCL) CEO Steve Curtis on Q1 2022 Results - Earnings Call Transcript

Caledonia Mining Corp PLC reported a 51% jump in first-quarter profit on record gold production and higher gold prices. “The first quarter of 2022 was an excellent start to 2022,” said chief executive Steve Curtis.

Caledonia Mining reports 51% jump in first-quarter profit, strong output in April

Notice of Management Conference Call Notice of Management Conference Call

Caledonia Mining Corporation Plc Results for the Quarter ended March 31, 2022

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) said it appointed Gordon Wylie to its board of directors as an independent non-executive with immediate effect. He has over 46 years' experience in the mining industry in exploration geology and mining, spanning 40 countries in five different continents.

Caledonia Mining appoints new non-executive director

ST HELIER, Jersey, May 05, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)  announces that Gordon Wylie has joined the board of directors of the Company as an independent non-executive director with immediate effect.

Caledonia Mining Corporation Plc: Appointment of Gordon Wylie as a non-executive director

ST HELIER, Jersey, May 04, 2022 (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

(Kitco News) - Caledonia Mining today reported Q1 2022 gold production of 18,515 ounces at its Blanket mine in Zimbabwe, a record for any first quarter and a 40% increase over 13,197 ounces produced in Q1 2021.

Caledonia Mining reports record Q1 gold production in Zimbabwe

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) said production from its Blanket Mine in Zimbabwe hit a new record last quarter as it ramped up operations following the completion of a new central shaft. The mine produced 18,515 ounces (oz) of gold in the three months to March 2022, a 40% increase from the first quarter a year ago, Caledonia also reiterated it is on track for 73,000oz to 80,000oz in total in 2022.

Caledonia Mining ramps up production at Blanket to new record

ST HELIER, Jersey, April 12, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN, AIM and VFEX: CMCL) announces gold production from the Blanket Mine in Zimbabwe ("Blanket") for the quarter ended 31 March 2022 ("Q1 2022" 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 Production Update and Record Q1 Production at Blanket Mine

ST HELIER, Jersey, April 07, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announced on April 4, 2022 that the Board of Directors had declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares. The relevant dates relating to the dividend were announced as follows:

Caledonia Mining Corporation Plc: Clarification of ex-dividend dates in respect of quarterly dividend announced on April 4, 2022

ST HELIER, Jersey, April 06, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce the appointment of Liberum Capital Limited as its joint broker with immediate effect.

Caledonia Mining Corporation Plc: Appointment of Joint Broker

Gold producer Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) increased its quarterly dividend payment by 17% as it outlined plans to increase production alongside its footprint in Zimbabwe and elsewhere. The owner of the country's Blanket mine is making a pay-out of 14 US cents a share for the first three months of the year, up from 12 cents previously.

Gold producer Caledonia Mining hikes quarterly dividend; outlines growth plans

ST HELIER, Jersey, March 22, 2022 (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:

Caledonia Mining Corporation Plc Notice of Availability of AGM Materials

Caledonia Mining Corporation Plc (CMCL) CEO Steve Curtis on Q4 2021 Results - Earnings Call Transcript

(Kitco News) - Caledonia Mining (NYSE: CMCL) announced today that its gold production in Zimbabwe was 67,476 ounces in 2021, which was above the top end of the guidance range and was a new record for annual production.

News for Caledonia Mining Stock (CMCL)