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.

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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.

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.

Caledonia Mining Corporation is a profitable gold miner operating primarily in Zimbabwe. CMCL has seen success through the development of the Blanket mine and newer acquisitions. The ~4.7% dividend is the draw; patient investors can see this increase.

Caledonia Mining: Buy For Dividends, But Watch Carefully

Caledonia Mining Corporation Plc's recommendation rating has changed from Sell to Buy. There is likely to be a bull market in gold due to fears about the negative impact of a recession, which economists currently expect in 2024. Near-Term Prospects: Caledonia Mining could also produce less to save on operating costs, while the expected rise in gold prices should more than offset the lower ounces.

Caledonia Mining: Interesting Prospects With Rising Gold Prices (Rating Upgrade)

Caledonia Mining Corporation said that Dana Roets, Chief Operating Officer, is stepping down and leaving the business at the end of February 2024. Roets joined Caledonia as COO in 2013 and he has been instrumental in the development of the business over the following decade, the miner said.

Caledonia Mining COO to step down next year

ST HELIER, Jersey , Nov. 17, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that Mr. Dana Roets (61) will step down from his role as Chief Operating Officer (“COO”) with effect from February 29, 2024. Mr. Roets will remain a director of the Company and various subsidiaries until February 29, whereupon he will also step down from those roles.

Caledonia Mining Corporation Plc Chief Operating Officer to step down

Caledonia Mining's latest update is confirmation that the recovery underway at its Blanket gold mine in Zimbabwe is sustainable, says house broker Liberum. Full-year production guidance production guidance of 75-80,000oz was reiterated, but cost guidance has been upped to US$850-920/oz on-mine and  US$1,130-1,230/oz AISC, respectively.

Caledonia Mining's improvement of Blanket mine 'sustainable' suggests broker

Caledonia Mining Corporation posted record revenues and production in its latest quarter as the Blanket gold mine in Zimbabwe showed a “significant improvement”. Revenues for the three months to the end of September were US$41.2 million, making US$107.7m for the nine months so far, with underlying profits of US$15.5m, down 2.9% on the same period a year ago.

Caledonia Mining sets revenue and production records at Blanket mine

ST HELIER, Jersey, Nov. 14, 2023 (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 and the nine months ended September 30, 2023 (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 are being filed on SEDAR.

Caledonia Mining Corporation Plc Results for the quarter and nine months ended September 30, 2023

ST HELIER, Jersey, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) ("Caledonia" or the "Company") announces that, following the completion of the all-share merger between Cavendish Securities plc (previously named Cenkos Securities plc) and Cavendish Financial plc (previously named finnCap Group plc), and as a consequence of internal reorganisation within the Cavendish Group, the Company has changed its Nominated Adviser and Joint Broker from Cavendish Securities plc to Cavendish Capital Markets Limited. Enquiries: Caledonia Mining Corporation Plc Mark LearmonthCamilla Horsfall  Tel: +44 1534 679 800Tel: +44 7817 841 793 Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden Pearl Kellie  Tel: +44 207 397 1965Tel: +44 131 220 9775 Liberum Capital Limited (Joint Broker) Scott Mathieson/Kane Collings Tel: +44 20 3100 2000 BlytheRay Financial PR (UK) Tim Blythe/Megan Ray  Tel: +44 207 138 3204 3PPB (Financial PR, North America) Patrick ChidleyPaul Durham  Tel: +1 917 991 7701Tel: +1 203 940 2538 Curate Public Relations (Zimbabwe) Debra Tatenda Tel: +263 77802131 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa Tel: +263 (242) 745 119/33/39

Caledonia Mining Corporation Plc: Change of Nominated Advisor

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) hailed record quarterly gold production from the Blanket Mine in Zimbabwe. In the three months ending 30 September, the mine produced 21,772 ounces of gold, up 3% on the same period a year earlier.

Caledonia Mining notches record gold production from Zimbabwe's Blanket mine

ST HELIER, Jersey, Oct. 11, 2023 (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 September 30, 2023 ("Q3 2023" 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: Record Quarterly Production at Blanket Mine

ST HELIER, Jersey, Oct. 02, 2023 (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, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notifications on each of September 12, 2023 and September 14, 2023 from BlackRock, Inc. that on September 11, 2023 and September 13, 2023 respectively 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 changes to significant shareholder

ST HELIER, Jersey, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has received notice that on September 12, 2023, Mr Johan Holtzhausen, a Non-Executive Director of the Company, had purchased 1,200 depositary interests of the Company representing the same number of common shares of no par value in the Company at a price per depositary interest of GBP7.95.

Caledonia Mining Corporation Plc: Purchase of Securities by Non-Executive Director

Caledonia Mining Corporation Plc (NYSE:CMCL ) Q2 2023 Results Conference Call August 14, 2023 9:00 AM ET Company Participants Mark Learmonth - CEO Chester Goodburn - CFO Dana Roets - COO Camilla Horsfall - VP, Group Communications Mark Learmonth Okay. On the call today with me, Mark Learmonth, Caledonia's Chief Executive, there is Victor Gapare, who is, as you all know, one of the vendors of the Bilboes asset; he's an Executive Director.

Caledonia Mining Corporation Plc (CMCL) Q2 2023 Earnings Call Transcript

Caledonia Mining said production is picking up again after a challenging six months for the Blanket Mine, especially in the second quarter. As part of remedial action, the Zimbabwe-based miner also said it would put its Bilboes oxide operation back on a care and maintenance basis.

Caledonia Mining to focus on sulphide ore at Bilboes

ST HELIER, Jersey, Aug. 10, 2023 (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 and the six months ended June 30, 2023 (the “Quarter” and “First Half” respectively). Further information on the financial and operating results for the Quarter and First Half 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 on SEDAR.

Caledonia Mining Corporation Plc: Results for the Quarter ended June 30, 2023

(Kitco News) - On Monday, Zimbabwe-focused gold producer Caledonia Mining (NYSE: CMCL) announced Q2 2023 gold production of 18,512 ounces from its Blanket mine and Bilboes oxides project, down 8% from 20,091 ounces produced in Q2 2022.

Caledonia says gold production at Blanket was below expectations in Q2 due to operational issues

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has restated its full-year guidance for the Blanket Mine in Zimbabwe, estimating gold production to be between 75,000 and 80,000 ounces for 2023. For the quarter ended June 30, 2023, production at Blanket was 17,436 ounces of gold, representing an 8.7% increase on the 16,036 ounces produced in the first quarter of 2023.

Caledonia Mining restates full-year guidance for Blanket Mine

ST HELIER, Jersey, July 17, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces quarterly gold production from the Blanket Mine (“Blanket”) and from the Bilboes Oxide Project (“Bilboes Oxides”) in Zimbabwe for the quarter ended June 30, 2023 (the “Quarter”) and the half year ended June 30, 2023. All production numbers are expressed on a 100 per cent basis and are based on final assays from the refiner.

Caledonia Mining Corporation Plc: Q2 2023 Production Update

Caledonia Mining said ongoing underground drilling at the Blanket Mine in Zimbabwe indicated that the Eroica target ore body continues at depth with widths and higher grades than expected. The miner drilled 5,600 between January 2023 and the end of May with a further 12,900m planned for the remainder of 2023.

Caledonia Mining 'very encouraged' by underground drilling results

ST HELIER, Jersey, July 10, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN, AIM and VFEX: CMCL) is pleased to report encouraging results from the ongoing underground drilling program at Blanket Mine which currently targets depth extensions to the Eroica ore body. Approximately 5,600 meters (“m”) of drilling have been completed between January 2023 and the end of May 2023. Initial results indicate that the existing Eroica ore body continues at depth with grades and widths being generally better than expected.

Caledonia Mining Corporation Plc: Encouraging results from drilling at Blanket Gold Mine's Eroica zone, including 8.6m at 15.56g/t, 13.44m at 6.62g/t and 22.32m at 4.03g/t

ST HELIER, Jersey, June 27, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notification on June 26, 2023 from BlackRock, Inc. that on June 23, 2023 it had crossed a threshold for notification, with an interest in excess of 3% of Caledonia's issued share capital.

Caledonia Mining Corporation Plc Notification of new significant shareholder

"The worst should be behind us; onwards and upwards from here." They were the words of the mining team at Liberum, the boutique investment bank, analysing the first-quarter results of Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL).

Caledonia Mining: Onwards and upwards from here, says broker

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has inked an ‘at the market' deal with Cantor Fitzgerald that could see up to US$30mln shares sold on the company's behalf. The shares would be sold in the United States, under the company's NYSE America listing, and would be sold at market prices, Caledonia said in a statement.

Caledonia Mining inks ‘ATM' deal with Cantor for US share sales

ST HELIER, Jersey, May 18, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM and VFEX: CMCL) (“Caledonia” or the “Company”) today announces that it has entered into an "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co (“Cantor”) (the “ATM Sales Agreement”), pursuant to which the Company may, at its discretion from time to time, sell up to US$30,000,000 worth of shares (the “ATM Offering”). Any sales of shares would occur by means of ordinary brokers' transactions or block trades, with sales only being made on the NYSE American at market prices. Caledonia expects to use the amount of any net proceeds from the sales for investment in the development of the Bilboes sulphide project.

News for Caledonia Mining Stock (CMCL)