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

Earnings data Q1 2021

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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, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the “Company” or “Caledonia”) (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) announces that following the maturing of long term incentive plan awards on January 11, 2022 which were made under the 2015 Omnibus Equity Incentive Compensation Plan of the Company (the “Plan”), a total of 76,520 common shares of no par value in the Company are being issued to members of staff within the Company's group, including in the form of depositary interests and Zimbabwe depositary receipts in respect of such shares, on or before January 14, 2022.  The following “Persons Discharging Managerial Responsibility” within the meaning of the Market Abuse Regulation (EU) No. 596/2014 shall receive the securities set out below:

Caledonia Mining Corporation Plc Issue of Securities

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL), the Zimbabwe-focused gold miner has announced its long-serving chief executive Steve Curtis will stand down at the end of June 2022.  Curtis will continue to be a Caledonia director, before transitioning from an executive to a non-executive role by the end of 2022 and acting as a consultant to the company until the culmination of 2023.

Caledonia Mining chief executive to stand down next year

ST HELIER, Jersey, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) ("Caledonia" or the "Company”) announces that Steve Curtis, aged 65, has notified the board of directors of his intention to retire from his role as CEO with effect from June 30, 2022. He will be succeeded as CEO by Mark Learmonth, Caledonia's current CFO. Mr Curtis will continue to serve as a director of Caledonia, transitioning from an executive to a non-executive role by the end of 2022. He will also act as a consultant to the Company until the end of 2023.

Caledonia Mining Corporation Plc: Steve Curtis To Step Down as CEO

Although record production was announced in Q3, the market remains unconvinced.

Caledonia Mining: Use The Growing Dividend To Lower Cost Basis

ST HELIER, Jersey, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Further to its announcement on November 29, 2021 concerning the oversubscribed placing of securities to be listed on the Victoria Falls Stock Exchange in Zimbabwe (“VFEX”), Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL) (“Caledonia” or the “Company”) announces that it has now issued and allotted 619,783 shares of no par value each against which the same number of depositary receipts have been issued to Zimbabwe investors.

Caledonia Mining Corporation Plc: Issue of shares and subsequent listing of securities on VFEX

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has decided to raise more funds than originally anticipated in respect of its Victoria Falls Stock Exchange (VFEX) listing, due to extremely positive investor response inside Zimbabwe. At the offer price of US$12.64 per depositary receipt, Caledonia expects to issue up to approximately 630,000 new shares, raising approximately US$7.96mln.

Caledonia raises more funds than anticipated in new listing on Victoria Falls Stock Exchange

ST HELIER, Jersey, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL) (“Caledonia” or the “Company”) is delighted to announce that in respect of its Victoria Falls Stock Exchange (“VFEX”) listing, due to extremely positive Zimbabwe investor response, Caledonia has decided to raise more funds than originally anticipated and therefore to issue more shares.

Caledonia Mining Corporation Plc VFEX Listing Update - Oversubscribed Placing

ST HELIER, Jersey, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL) (“Caledonia” or the “Company”) announces that Mr John McGloin, a non-executive director of the Company, has exercised options in respect of, and the Company has issued and allotted, 18,000 common shares of no par value each in the Company (the “Option Shares”). The exercise price was CAD$11.50 per Option Share. Following this transaction, Mr McGloin holds an interest in 18,000 shares in the Company representing approximately 0.15 per cent of the issued share capital of the Company.

Caledonia Mining Corporation Plc Exercise of share options

ST HELIER, Jersey, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL) ("Caledonia" or the "Company") announces its operating and financial results for the quarter and the nine months ended September 30, 2021 (the "Quarter" and "Nine Months" respectively).  Further information on the financial and operating results for the Quarter and Nine Months can be found in the management discussion and analysis ("MD&A") and the unaudited financial statements which are available on the Company's website and have been filed on SEDAR.

Caledonia Mining Corporation Plc Results for the quarter ended September 30, 2021

Caledonia Mining Corporation has filed a NI 43-101 technical report on Maligreen, the prospect it is buying in the Gweru mining district in the Zimbabwe Midlands. The report confirms a NI 43-101 compliant inferred mineral resource of approximately 940,000 oz of gold.

Caledonia Mining files technical report for Maligreen property

ST HELIER, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Further to the announcement of Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL) on 23 September 2021 concerning the Maligreen project (“Maligreen”), the Company announces that it has today filed on SEDAR a NI 43-101 technical report on Maligreen1. As a reminder, Maligreen is a property situated in the Gweru mining district in the Zimbabwe Midlands and contains, as stated in the report, a NI 43-101 compliant inferred mineral resource of approximately 940,000 oz of gold. Caledonia is expecting to finalise the process of transferring the claims from the seller shortly, at which point the agreed consideration of US$4m will become payable.

Caledonia files technical report on the 940,000 oz Maligreen project in Zimbabwe

The stock price of Caledonia Mining Corporation Plc (NYSEAMERICAN: CMCL) increased by over 6% pre-market today. This is why it happened.

CMCL Stock: Why It Increased Today

Caledonia Mining Corp PLC reported record quarterly gold output from the Blanket mine in Zimbabwe and narrowed its production guidance for 2021 towards the upper end of its previous range. It produced 18,965 ounces of gold during the quarter to end September, the second consecutive quarterly record, up 25% on the 15,155 ounces produced in the corresponding quarter of 2020.

Caledonia Mining posts record quarterly gold output from Blanket mine, guides towards upper end of 2021 production guidance

ST HELIER, Jersey, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN & AIM: CMCL) announces gold production from the Blanket Mine in Zimbabwe ("Blanket") for the quarter ended September 30, 2021 ("Q3 2021" or the "Quarter"). Caledonia also narrows the production guidance range for 2021. All production numbers are expressed on a 100 per cent basis and are based on mine production data and are, therefore, subject to adjustment following final assay at the refiners.

Caledonia Mining Corporation Plc Production Update and Narrowing of Production Guidance Range for 2021

Caledonia Mining Corporation PLC has declared an increased quarterly dividend of US$0.14 per share, as gold production from the Blanket mine in Zimbabwe continues apace. The new dividend is 8% higher than the US$0.13 paid in July 2021, and is over 100% higher tna the US$0.6875 that Caledonia paid in October 2019.

Caledonia boosts dividend, again

ST HELIER, Jersey, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL) is pleased to announce that the Board of Directors has declared an increased quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.

Caledonia declares another increased quarterly dividend

(Kitco News) - Caledonia Mining announced Thursday that it has entered into an agreement to purchase the mining claims over the Maligreen project in Zimbabwe, from Pan African Mining, a privately-owned Zimbabwean company, for a total cash consideration of US$4 million.

Caledonia acquires dormant Maligreen gold mine in Zimbabwe

Caledonia Mining Corp PLC said it agreed to buy the Maligreen project in the Gweru mining district in Zimbabwe, from Pan African Mining (Private) Ltd, a privately owned Zimbabwean company, for US$4mln (£2.9mln) in cash. The project is estimated to contain a NI 43-101 compliant inferred mineral resource of about 940,000 ounces of gold as of end August 2021, said Caledonia Mining.

Caledonia Mining agrees to buy Maligreen gold project in Zimbabwe for US$4mln

ST HELIER, Jersey, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL) is pleased to announce that it has entered into an agreement to purchase the mining claims over the Maligreen project (“Maligreen”), a property situated in the Gweru mining district in the Zimbabwe Midlands, from Pan African Mining (Private) Limited, a privately-owned Zimbabwean company, for a total cash consideration of US$4 million. The property is estimated to contain a NI 43-101 compliant inferred mineral resource of approximately 940,000 ounces of gold1.

Caledonia Mining Corporation Plc: Caledonia acquires the 940,000 oz Maligreen project in Zimbabwe

ST HELIER, Jersey, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL) announces that, further to the Company's announcement on September 3, 2021 that  Van Eck Vectors Junior Gold Miners ETF is now a “significant shareholder” of the Company as defined by the AIM Rules for Companies, it subsequently received a notification on September 3, 2021 from Van Eck Associates Corporation (“Van Eck”) containing details of Van Eck's shareholdings in the Company held through two of its funds. A copy of the notification is below.

Caledonia Mining Corporation Plc: Notification by Significant Shareholder

ST HELIER, Jersey, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE American: CMCL; AIM: CMCL) announces that it has recently become aware that VanEck Vectors Junior Gold Miners ETF (“VanEck”) discloses on its website that it holds an interest in a total of 473,246 Caledonia shares which equates to 3.90% of the issued share capital of Caledonia and accordingly is a significant shareholder (as defined by the AIM Rules for Companies).

Caledonia Mining Corporation Plc New Significant Shareholder

Caledonia Mining Corporation Plc (CMCL) CEO Steven Curtis on Q2 2021 Results - Earnings Call Transcript

ST HELIER, Jersey, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL) (“Caledonia” or the “Company”) announces that it received notice today that Johan Holtzhausen, a non-executive director of the Company, has purchased a total of 1,200 depositary interests representing the same number of common shares of no par value each in the Company at an average price per depositary interest of GBP8.89. Following this transaction, Mr Holtzhausen holds an interest in 21,025 shares in the Company representing approximately 0.17 per cent of the issued share capital of Caledonia.

Caledonia Mining Corporation Plc Purchase of Securities by Director

(Kitco News) - Caledonia Mining today announced that the company produced 16,710 ounces of gold in Q2 2021 at its Blanket mine in Zimbabwe, which is 24% higher than 13,499 ounces produced in Q2 2020 and a new production record for a second quarter.

Caledonia Mining sets new Q2 gold production record in Zimbabwe

Caledonia Mining Corporation PLC said its earnings doubled in the three months to end June as it set a new gold production record for a second quarter. Underlying earnings (EBITDA) jumped to $14.0mln, from $6.9mln in the second quarter of 2020, as revenues grew 31% to $30.0mln.

News for Caledonia Mining Stock (CMCL)