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Caledonia Min (CMCL) Share News

IN BRIEF: Caledonia Mining says former CEO to leave non-exec post

18th Mar 2024 20:09

Caledonia Mining Corp PLC - gold producer whose main asset is the Blanket Mine in Zimbabwe - Former chief executive Steve Curtis steps down from non-executive director board role with effect next annual general meeting. Curtis had retired as CEO in June 2022. Tariro Gadzikwa joins board as independent non-executive director in an appointment that came to effect on Friday. Gadzikwa was formerly chief financial officer of Johannesburg-listed Efora Energy Ltd, an oil and gas firm with operations in southern Africa, Egypt, Nigeria and the Democratic Republic of Congo. Read More

Caledonia Mining drops as profit to miss expectations on higher costs

4th Mar 2024 11:48

(Alliance News) - Caledonia Mining Corp PLC on Monday said it will miss its annual profit expectations after facing higher operating expenses. Read More

IN BRIEF: Caledonia Mining notes "encouraging" Blanket drill results

30th Jan 2024 13:43

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Reports encouraging results from deep level drilling programme at Blanket Mine. Says a total of 7,652 metres of drilling from June to December indicates that the existing Blanket and Eroica ore bodies have grades and widths which are generally better than expected. Says total drilling for 2023 was 13,280 metres. Chief Executive Officer Mark Learmonth says: "Our ongoing drilling campaign continues to demonstrate encouraging results, further improving our confidence in the Blanket resource. We anticipate that the positive grades and widths will result in an increased overall resource, which in due course should result in the extension of the existing life of the mine. We have invested heavily in Blanket over the last seven years to increase production capacity, resulting in a mine infrastructure that can sustain production beyond the current production horizon." Read More

UK dividends calendar - next 7 days

19th Jan 2024 15:35

IN BRIEF: Caledonia 2023 Blanket gold production in line with guidance

12th Jan 2024 10:25

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Says 2023 gold production at Blanket mine is in line with guidance at 75,416 ounces. Gold production for the fourth quarter of 2023 was 20,172 oz. Says 2024 gold production guidance for Blanket is 74,000 to 78,000oz. Anticipated group capital expenditure is USD34.4 million, which includes approximately USD20 million of sustaining investment and UAS14.4 million of expansion expenditure. On-mine costs are expected to be consistent with costs incurred in 2023, it adds. Read More

Caledonia Mining chief operating officer to step down after 10 years

17th Nov 2023 12:22

(Alliance News) - Caledonia Mining Corp PLC on Friday said Chief Operating Officer Dana Roets will step down in the new year, after 10 years at the company. Read More

EARNINGS: ActiveOps swings to small profit; Aeorema confident

14th Nov 2023 14:31

(Alliance News) - The following is a round-up of earning and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Caledonia Mining quarterly gold production grows at Blanket

11th Oct 2023 12:15

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Third quarter gold production at Blanket mine grows 3.0% to 21,772 ounces from 21,120 ounces during the same period a year ago. In nine months to September 30, produces 55,244 ounces. Reiterates full-year gold production guidance of between 75,000 ounces and 80,000 ounces. Read More

IN BRIEF: Caledonia Mining quarterly profit plummets amid higher costs

10th Aug 2023 13:55

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Pretax profit in the second quarter to June 30 dives to USD1.5 million from USD18.7 million a year before. Revenue flat at USD37.0 million. Production costs increase 43% to USD20.7 million from USD14.5 million. Further, notes a net foreign exchange loss of USD3.6 million compared to a net foreign exchange gain of USD4.2 million a year before. Looking ahead, expects to complete the feasibility study on Bilboes sulphide project to determine the best implementation strategy and financing requirements. Read More

IN BRIEF: Caledonia Mining says employee has died at Blanket Mine

8th Aug 2023 15:37

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Says that an accident took place on Monday at the Blanket Mine in Zimbabwe, as a result of which one employee of GMG - a company contracted to Blanket Mine - succumbed to his injuries in hospital on Tuesday. Explains that the accident "related to the maintenance of trackless equipment", and adds further details cannot be released pending the outcome of an enquiry. Read More

TRADING UPDATES: Caledonia Mining reports interim production drop

17th Jul 2023 15:50

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Caledonia Mining hails drilling results at Blanket mine

10th Jul 2023 13:11

Caledonia Mining Corp PLC- Jersey-based, Zimbabwe-focused gold producer - Reports "encouraging" results from the ongoing underground drilling programme at Blanket mine, which is currently "targeting depth extensions to the Eroica ore body. Says about 5,600 metres of drilling have been completed between January and the end of May. Read More

Caledonia Mining revenue falls in first quarter amid "challenges"

15th May 2023 16:21

(Alliance News) - Caledonia Mining Corp PLC on Monday said its revenue dropped in the first quarter of the year as production fell behind expectations. Read More

IN BRIEF: Caledonia Mining chair retires, appoints interim before AGM

5th May 2023 09:44

Caledonia Mining Corp PLC - Jersey-based gold producer focused on Zimbabwe - Non-Executive Chair Leigh Wilson retires, effective immediately, having served in the role since May 2013. Says it will announce a permanent successor after its annual general meeting on Tuesday next week, while Non-Executive Director John Kelly will act as interim chair in the intervening period. Read More

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