Core Viewpoint - Caledonia Mining Corporation has achieved a record gold production of over 18,500 ounces in Q1 2025, setting a strong foundation for the year ahead, particularly in light of traditionally weaker first-quarter performance [3][7]. Production Highlights - Q1 2025 gold production reached 18,671 ounces, surpassing the previous year's Q1 production of 17,050 ounces and exceeding the prior record of 18,515 ounces set in Q1 2022 [7]. - The tonnes milled during the quarter were 201,755 tonnes, which is 23,793 tonnes (13.4%) above expectations [7]. - The surface stockpile increased significantly to approximately 15,000 tonnes, indicating that run-of-mine production is exceeding milling capacity [7]. Financial Outlook - The company is well-positioned to generate healthy cash flows due to a strong gold price and plans to continue investing in growth projects [4]. - Caledonia remains on track to achieve its annual gold production guidance of 74,000-78,000 ounces for the year [7].

Core Viewpoint - Caledonia Mining Corporation has reported a record gold production of over 18,500 ounces for Q1 2025, marking a strong start to the year despite traditionally being the weakest quarter [3][7]. Production Performance - The quarterly gold production reached 18,671 ounces, surpassing the 17,050 ounces produced in Q1 2024 [7]. - This production figure sets a new first-quarter record, exceeding the previous high of 18,515 ounces achieved in Q1 2022 [7]. - Tonnes milled during the quarter were 201,755 tonnes, which is 23,793 tonnes (13.4%) above expectations [7]. - The surface stockpile increased significantly to approximately 15,000 tonnes, indicating that run-of-mine production is exceeding milling capacity [7]. Future Outlook - The company remains on track to achieve its gold production guidance of 74,000-78,000 ounces for the year [7]. - The strong performance in Q1 2025 is attributed to operational improvements and a strong gold price, positioning the company to generate healthy cash flows and continue investing in growth projects [4].

Core Viewpoint - Caledonia Mining Corporation has successfully completed the sale of its solar plant in Zimbabwe for $22.35 million, allowing the company to strengthen its cash position and focus on its core gold mining operations [1][5][6]. Financial Summary - The sale of the solar plant was finalized on April 11, 2025, with a pre-tax cash consideration of $22.35 million [1]. - Prior to the sale, Caledonia's consolidated net debt was $3.8 million, down from $8.7 million at the end of 2024. After the sale, the pro forma consolidated net cash balance is projected to be $18.6 million [4]. Operational Impact - The solar plant, which has been operational since February 2023, has generated over 57,722 MWh of power and will continue to supply energy to Blanket Mine under an exclusive power purchase agreement [3][6]. - The sale aligns with Caledonia's strategy to focus on gold mining while ensuring that Blanket Mine retains access to renewable energy, meeting approximately 20% of its daily electricity needs [2][6]. Strategic Context - The decision to sell the solar plant was made following a competitive bidding process, allowing Caledonia to reallocate capital towards growth initiatives in its core business [2]. - The construction of the solar plant was initially financed through a share offering that raised $13 million in 2020 [3].

ST HELIER, Jersey, April 02, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("the Company" or "Caledonia") (NYSE AMERICAN, AIM and VFEX: CMCL) announces that, pursuant to the vesting of awards made under the 2015 Omnibus Equity Incentive Compensation Plan of the Company (the "Plan") and following the publication of financial results for the year ended December 31, 2024, a total of 80,230 common shares of no par value in the Company are being issued on or about April 4, 2025 to members of staff wi ...

Application has been made by Caledonia for the admission of depositary interests representing all the issued shares to trading on AIM and it is anticipated that trading in such Securities will commence on or about April 10, 2025. Following issue of all the Securities, the Company will have a total number of shares in issue of 19,294,784 common shares of no par value each. Caledonia has no shares in treasury; therefore, this figure may be used by holders of Securities as the denominator for the calculations ...

Caledonia Mining Corporation Plc (NYSE:CMCL) Q4 2024 Earnings Conference Call March 31, 2025 9:00 AM ET Company Participants Mark Learmonth - CEO James Mufara - Chief Operating Officer Conference Call Participants Nic Dinham - SBG Securities Howard Flinker - Flinker Tate Sullivan - Maxim Group Duncan Hay - Panmure Liberum Operator Ladies and gentlemen, welcome to the Caledonia Mining Q4 Results Presentation. I'd now like to hand you across to Mark Learmonth, the CEO. Mark, over to you. Mark Learmonth Good m ...

Restated previous financial statements and non-reliance to the extent set out in this announcement Details of investor and analyst presentation Record Profit, Stable Production and Exploration Success ST HELIER, Jersey, March 31, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces its operating and financial results for the year ended December 31, 2024 (the "Year"). Caledonia also announces the restatement of previous financial statements due to an error that w ...

The following amendment has been made to the Caledonia approves quarterly dividend announcement released on March 24, 2025 at 07:00 GMT under RNS No 7270B. The payment date has been amended to April 17, 2025. All other details remain unchanged. ST HELIER, Jersey, March 28, 2025 (GLOBE NEWSWIRE) -- Caledonia (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that, due to a public holiday, the payment date of the dividend payable in April has been changed from April 18 to April 17. There are no changes to ...

Core Points - Caledonia Mining Corporation has amended the payment date for its quarterly dividend from April 18, 2025, to April 17, 2025, due to a public holiday [2][1] - The record date and ex-dividend dates remain unchanged, with the ex-dividend dates set for April 2, 2025 (VFEX), April 3, 2025 (AIM), and April 4, 2025 (NYSE American) [5][2] - The company has a quarterly dividend policy in place since 2014, aimed at maximizing shareholder value while considering future dividends in line with investment opportunities and risk management [3][2]

Core Viewpoint - Caledonia Mining Corporation is making significant progress on the Feasibility Study for the Bilboes project, with an extended timeline to explore optimization opportunities that could enhance project economics and reduce capital requirements [1][2]. Project Development - The Feasibility Study will replace the Preliminary Economic Assessment from June 2024, which indicated strong project economics and a mine plan that could triple Caledonia's gold production, positioning the company as an intermediate gold producer [3]. - The ongoing work continues to confirm the attractive fundamentals of the Bilboes project, especially in the context of a strong gold price [3]. Optimization Opportunities - Key areas of optimization being reviewed include: - Exploration at Motapa, which shows promising new mineralized zones near the Bilboes processing plant, potentially improving the long-term economics of a combined Bilboes-Motapa project [4]. - High-grade mineralization at the Blanket Mine could contribute significantly to the initial capital requirements for Bilboes, providing funding flexibility [5]. - Engaging with authorities to explore the potential sale of concentrate, which could defer capital expenditures on a BIOX processing circuit in the initial years of production [9]. - Evaluating the relocation of the Tailings Storage Facility to a more efficient site, potentially on the Motapa property, to lower initial construction costs [9]. - Incorporating near-term opportunities at Motapa into the Bilboes Feasibility Study following strong exploration results [9]. Commitment to Shareholder Value - The Board is committed to maximizing shareholder value by ensuring that the Bilboes project is optimized both technically and financially, while continuing discussions with funding partners and authorities in Zimbabwe [6]. - The CEO of Caledonia expressed confidence in the transformative potential of the Bilboes project and emphasized a disciplined approach to optimization to enhance returns and funding efficiency [7][8].