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Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder
Globenewswire· 2025-08-27 06:00
Core Points - Caledonia Mining Corporation Plc has been informed that Allan Gray Bermuda Limited's clients now hold a total interest of 3.9649% of the total issued shares in the company [1][3]. Group 1 - The significant shareholder is Allan Gray Bermuda Limited, with a registered office in Cape Town, South Africa [2][3]. - The threshold of 3.9649% was crossed on August 25, 2025, and the issuer was notified on August 26, 2025 [3].
PRISM MarketView Launches Precious Metals Index to Track Global Demand and Market Dynamics
GlobeNewswire News Room· 2025-08-21 14:30
Industry Overview - The global precious metals market was valued at $306.44 billion in 2023 and is projected to exceed $501 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.6% [3] - Demand for gold remains strong as a safe-haven asset, with global central banks increasing purchases for the 13th consecutive year in 2024 [3] - Silver is experiencing growing industrial use, particularly in solar and electronics manufacturing, while platinum and palladium are expected to benefit from the transition towards electrification and green technology [3] PRISM Precious Metals Index - PRISM MarketView launched the PRISM Precious Metals Index to track emerging and established companies in the gold, silver, platinum, and palladium sectors, highlighting firms that drive innovation in mining, refining, recycling, and technology applications [1][4] - The index has returned approximately 83% since January 2, 2024, providing investors with insights into this strategically important sector [4] Company Highlights Vista Gold Corp. - Vista Gold Corp. is advancing its flagship Mt Todd Gold Project in Australia, focusing on disciplined, value-driven development with a streamlined feasibility plan [5] - The company reported $13.2 million in cash and no debt at the end of Q2 2025, with a feasibility study indicating strong economics and stable long-term production [5] Caledonia Mining Corporation - Caledonia Mining Corporation operates primarily in Zimbabwe, with its Blanket Mine showing record production and growth potential [6] - The company reported a 30% increase in revenue to $65 million and a net profit attributable to shareholders of $20.5 million, more than doubling from the previous year [6][7] NioCorp Developments Ltd. - NioCorp Developments Ltd. is advancing the Elk Creek Critical Minerals Project in Nebraska, targeting production of niobium, scandium, and titanium [8] - The company completed Phase I of its drilling campaign ahead of schedule and under budget, which will support its application for up to $800 million in debt financing from the U.S. Export-Import Bank [8]
Caledonia Mining Plc(CMCL) - 2025 Q2 - Earnings Call Transcript
2025-08-13 14:00
Financial Data and Key Metrics Changes - Revenue increased by 30% to $65 million, with net profit attributable to shareholders rising by 147% to just over $20 million, and adjusted earnings per share up by 155% [4][20] - Operating cash flows rose to $28 million, with a closing cash position of $26 million, including $8 million of net cash and $18 million in fixed-term deposits [5][32] - Gross profit for the quarter reached $33.8 million, up 48% compared to the previous quarter [21][29] Business Line Data and Key Metrics Changes - Blanket Mine achieved record production of just over 21,000 ounces in the quarter, leading to an increase in full-year guidance to a range of 77,500 to 79,500 ounces [5][73] - The average realized gold price was approximately $3,200 per ounce, contributing to the revenue increase [6][20] - Production costs increased by 18% due to higher grades and plant recoveries, but gross profit still saw significant growth [21][24] Market Data and Key Metrics Changes - The gold price has shown a strong upward trend, with the company realizing a price increase of 38% compared to the previous quarter [20] - The foreign exchange environment in Zimbabwe has stabilized, leading to increased liquidity and a more favorable operating environment [16][17] Company Strategy and Development Direction - The company is focused on minimizing equity dilution while maximizing net present value per share, particularly in relation to the Bilbo's project [55] - There is an ongoing feasibility study for the Bilbo's project, with considerations for a phased approach to minimize capital costs [49][50] - The company aims to continue investing in modernization and cost containment at Blanket Mine while exploring new revenue opportunities [73] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operational environment in Zimbabwe, noting improvements in security and foreign exchange stability [15][16] - The company is committed to maintaining its dividend policy, recognizing its importance to shareholders, especially in Zimbabwe [14][81] - Future growth is anticipated through continued exploration and development of existing projects, with a focus on sustainable practices [74] Other Important Information - The company plans to follow a reduced disclosure regime for quarterly reporting, maintaining transparency while streamlining information [34][35] - The sale of the solar plant generated $22.4 million, which was part of a strategic decision to release capital for core business operations [6][29] Q&A Session Summary Question: Regarding cash generation and potential dividend suspension - Management acknowledged the importance of dividends, especially in Zimbabwe, and emphasized the need to balance cash flow with maintaining shareholder returns [81][82] Question: Timeline for the Bilbo's feasibility study completion - Management indicated that there is no specific timeline available due to ongoing evaluations of a smaller scale option [91] Question: Reduction in initial CapEx for the Bilbo's project - Management noted that capital costs have increased across the industry, and while they cannot provide specific figures, they are focused on minimizing financial jeopardy [92][93] Question: Tax rate on the capital gain from the solar plant sale - Management confirmed that there is a tax on the capital gain, but it is lower than initially expected [103][106] Question: Potential impact of cutting dividends on stock price - Management acknowledged that cutting dividends could lead to a significant drop in stock price, emphasizing the need for careful consideration before making such decisions [107][108]
Caledonia Mining Plc(CMCL) - 2025 Q2 - Earnings Call Presentation
2025-08-13 13:00
Q2 2025 Results Presentation Disclaimer and Forward-Looking Statements This presentation has been prepared solely for information and does not purport to contain all of the information that may be necessary or desirable to fully and accurately evaluate Caledonia Mining Corporation Plc ("Caledonia" or "the Company") or its business prospects. For the purposes of this notice, "presentation" includes this document, any oral presentation, any questions and answer session and any written or oral material discuss ...
Caledonia Mining Corporation Plc: Caledonia approves quarterly dividend
Globenewswire· 2025-08-11 06:05
Group 1 - Caledonia Mining Corporation Plc has announced a quarterly dividend of 14 United States cents (US$0.14) per share [1] - The dividend payment will be made in Sterling for shareholders with a registered address in the UK [1] - The company adopted a quarterly dividend policy in 2014 to maximize shareholder value [2] Group 2 - Relevant dates for the dividend include the ex-dividend dates of August 20, 2025, for VFEX and August 22, 2025, for AIM and NYSE American [4] - The record date for the dividend is August 22, 2025, and the payment date is set for September 5, 2025 [4]
Caledonia Mining Corporation Plc: Results for the Quarter ended June 30, 2025
GlobeNewswire· 2025-08-11 06:00
Q2 2025 HIGHLIGHTS Financial Highlights: Operational Highlights: Details of Management Conference Call Strong Performance Driven by Record Q2 Production and Higher Gold Prices ST HELIER, Jersey, Aug. 11, 2025 (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 ended June 30, 2025 ("Q2 2025" or the "Quarter"). Further information on the financial and operating results for ...
Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder
Globenewswire· 2025-08-06 06:00
Core Viewpoint - Caledonia Mining Corporation Plc received notification from BlackRock, Inc. indicating a change in its voting rights holdings as of August 1, 2025, which requires disclosure under AIM Rules for Companies [1]. Group 1: Notification Details - The notification was received on August 4, 2025, regarding a threshold crossing that occurred on August 1, 2025 [1]. - BlackRock, Inc. now holds a total of 5.35% of voting rights in Caledonia Mining, which includes 4.86% from shares and 0.49% from financial instruments [4][5]. Group 2: Voting Rights Breakdown - The resulting situation shows that BlackRock holds 938,075 voting rights directly, representing 4.86% of the total [4]. - Additionally, BlackRock has 43,078 voting rights from financial instruments, accounting for 0.22%, and 51,763 voting rights from CFDs, contributing another 0.26% [4][5]. Group 3: Previous Holdings - The previous notification indicated BlackRock held 5.37% of voting rights, with 5.12% from shares and 0.25% from financial instruments [4].
Caledonia Mining Corporation Plc: Notice of Q2 2025 Results and Investor Presentation
GlobeNewswire News Room· 2025-08-05 12:54
Core Points - Caledonia Mining Corporation Plc is set to release its operating and financial results for Q2 2025 on August 11, 2025 [1] - Due to a public holiday in Zimbabwe, a remote presentation for analysts and investors will take place on August 13, 2025, at 2:00 PM London time [1] - The presentation will be accessible on Caledonia's website [2] Conference Call Details - The Q2 2025 Results Call for Investors is scheduled for August 13, 2025, at 2:00 PM London time [3] - Registration for the webinar is required through the provided link [3] - Contact information for various representatives and financial PR firms is listed for inquiries [3]
Caledonia Mining Corporation Plc: Profitability expected to be materially ahead of market expectations
GlobeNewswire News Room· 2025-07-23 06:00
Core Viewpoint - Caledonia Mining Corporation Plc expects to report profitable financial results for Q2 2025, building on a strong performance from Q1 2025, driven by Blanket Mine's gold production and favorable gold prices [2][4]. Financial Performance - The company anticipates a profitable second quarter, supported by strong gold production at Blanket Mine and sustained high gold prices [2]. - Profitability for the full year of 2025 is expected to be significantly above market expectations, contingent on the current production profile and continued favorable gold prices [2]. Upcoming Announcements - Detailed financial results for Q2 2025 and H1 2025 will be announced on August 11, 2025 [1][3].
Caledonia Mining Corporation Plc: Blanket Mine Q2 2025 Production and Guidance
Globenewswire· 2025-07-16 06:00
Core Viewpoint - Caledonia Mining Corporation Plc reported strong gold production results for Q2 2025 and H1 2025, leading to an increase in annual production guidance for the Blanket Mine in Zimbabwe [2][5]. Production Summary - Q2 2025 gold production reached 21,070 ounces, marking a new record for the second quarter, compared to 20,773 ounces in Q2 2024 [5]. - H1 2025 gold production totaled 39,741 ounces, reflecting a 5.1% increase from 37,823 ounces produced in H1 2024 [5]. - The company has raised its production guidance for Blanket Mine to between 75,500 and 79,500 ounces of gold for the year [5]. Management Commentary - The CEO highlighted that the strong performance in the first half of 2025 exceeded expectations and is a testament to the team's dedication and hard work [2]. - The Vice President of Technical Services expressed confidence that Blanket Mine will continue to be a cornerstone of the company's success and drive shareholder value [3].