ST HELIER, Jersey, March 28, 2024 (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 year ended December 31, 2023 (the "Year"). Further information on the financial and operating results for the Year and the quarter ended December 31, 2023 (the "Quarter" or "Q4") can be found in the Management Discussion and Analysis ("MD&A"), and the audited financial statements, which are ava ...

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has appointed Tariro Gadzikwa as a new independent director. At the same time, Steve Curtis, former CEO, is stepping down for the non-executive role he has held since June 2022. Chairman John Kelly said: "I am delighted to welcome Tariro to Caledonia's board.  She has significant board experience and particular expertise in audit, risk management, corporate finance and finance strategy development. Her skills will be of great value to the board. "As a ...

ST HELIER, Jersey, March 18, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE:CMCL, AIM: CMCL, VFEX: CMCL))) is pleased to announce that Tariro Gadzikwa has joined Caledonia's Board of Directors as an Independent Non-Executive Director with effect from March 15, 2024. It also announces that Steve Curtis, who retired as Chief Executive Officer of the Company in June 2022 and remained on the Board as a Director in a non-executive capacity since then, has decided t ...

Caledonia Mining warned that one-off costs will mean a reduction in profits this year even with a strong production performance from its Blanket gold mine in Zimbabwe. Full-year production for 2023 was 75,416 ounces of gold with revenues in line with expectations, but increased costs and several significant one-off charges in the final quarter of the year have resulted in lower profits, said the statement. Overtime payments and power costs at Blanket Mine both rose, the gold miner added, alongside staff ter ...

ST HELIER, Jersey, March 04, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") provides the following trading update for the year ended December 31, 2023. Caledonia reports that Blanket Mine has continued to perform well since the end of the quarter ended September 30, 2023 with full year production for 2023 of 75,416 ounces. As a result, the Company expects to report revenue for the full year in line with market expectations. However, increased operating costs for 202 ...

traffic_analyzer Another Buy rating for Caledonia Mining Corporation Plc This analysis confirms a "Buy" rating issued in the previous analysis for the shares of Caledonia Mining Corporation Plc (NYSE:CMCL) - a miner and explorer based in Saint Helier, Jersey, which produces gold from its 60% interest in the Blanket Mine, 14 km northwest of Gwanda, Zimbabwe. The buy rating was supported by an improving gold price outlook, coupled with Caledonia Mining's cost-cutting initiatives, as this combination supports ...

Caledonia Mining’s update from the deep-level drilling programme at its Blanket Mine was encouraging says broker Cavendish with grades and widths generally better than expected. As a result, the overall resource should increase and so lead to an extension of the mine life. “We currently value Blanket out to 2036, even only a four-year life of mine extension, that far in the future, could increase our NPV 12%-US$1700/oz by over 10%. “This is a meaningful result given the infrastructure in place and how far i ...

Caledonia Mining said the life of its Blanket Mine in Zimbabwe will likely be extended after recent in-fill deep drilling produced better than expected grades and widths. Gold grades from around 1,000m below the surface at the Blanket and Eroica ore bodies ranged between 3.62 g/t to 8.8g/t over widths of 4-16 m. Mark Learmonth, chief executive, said: “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 exis ...

ST HELIER, Jersey, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN, AIM and VFEX: CMCL) is pleased to report further encouraging results from the deep level drilling programme at Blanket Mine which is currently evaluating the continuity of the mineralised zones on the Blanket and Eroica ore bodies in anticipation of delineating an increased overall resource.  These results follow the Eroica ore body drilling results published on July 10, 2023. ...

ST HELIER, Jersey, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE:CMCL, AIM: CMCL, VFEX: CMCL))) announces that it received notification on January 22, 2024 from BlackRock, Inc. that on January 19, 2024 it had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies). A copy of the notification is below. Enquiries: Caledonia Mining Corporation Plc Mark LearmonthTel: +44 1534 679 800Camilla HorsfallTel: +44 7 ...