Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Summary by Categories Investment Strategy - The investment strategy described is adaptable, catering to different types of investors, whether they focus on dividends, value propositions, or growth opportunities [1].

Core Viewpoint - Caledonia Mining Corporation Plc has received notifications from BlackRock, Inc. regarding a change in its voting rights holdings, indicating a significant shift in ownership interest [1]. Group 1: Notification Details - BlackRock, Inc. notified Caledonia Mining on November 19 and 20, 2024, that it crossed a threshold for notification of a relevant change on November 18 and 19, 2024, respectively [1]. - The notification indicates that BlackRock's resulting situation includes 4.74% of voting rights attached to shares and 0.25% through financial instruments, totaling 5.00% [4][10]. Group 2: Voting Rights Breakdown - The total number of voting rights held by BlackRock, Inc. is 960,786, with 911,596 voting rights directly attached to shares and 49,190 through financial instruments [4][5]. - The previous notification indicated a total of 4.99% voting rights, showing a slight decrease to 5.00% in the current notification [4][10]. Group 3: Financial Instruments - BlackRock holds 49,190 voting rights through Contracts for Difference (CFDs), representing 0.25% of voting rights [6][11]. - The financial instruments held do not have an expiration date and are settled in cash [6].

Revenue and Profitability - Revenue for the three months ended September 30, 2024, was $46,868 thousand, an increase of 13.5% compared to $41,187 thousand for the same period in 2023[10] - Total revenue for the nine months ended September 30, 2024, was $135,503,000, an increase from $107,653,000 in the same period of 2023, representing a growth of approximately 25.9%[114] - Profit for the period for the nine months ended September 30, 2024, was $16,452 thousand, compared to $1,693 thousand for the same period in 2023, representing a significant increase[10] - The operating profit for the period ended September 30, 2024, was $31.1 million, compared to $12.6 million in 2023, representing a year-over-year increase of 147.5%[113] Expenses and Costs - Gross profit for the nine months ended September 30, 2024, was $56,061 thousand, up 81.5% from $30,926 thousand in the same period of 2023[10] - Administrative expenses for the three months ended September 30, 2024, increased to $3,954 thousand from $2,889 thousand in the same period of 2023[10] - The company reported administrative expenses of $10,229,000 for the nine months ended September 30, 2024, compared to $11,890,000 in the same period of 2023, reflecting improved cost management[114] - Production costs at Blanket Mine increased to $58,020,000 in 2024 from $50,170,000 in 2023, with notable rises in salaries and wages by 10.6% and consumable materials by 14.9%[45] - The company reported production costs of $60,505,000 for the nine months ended September 30, 2024, compared to $61,028,000 in the same period of 2023, showing a slight reduction in costs[114] Cash Flow and Financial Position - Net cash inflow from operating activities for the three months ended September 30, 2024, was $4,591,000, a decrease of 68.3% compared to $14,495,000 for the same period in 2023[26] - The net cash and cash equivalents at the end of the period decreased to $7,635,000 as of September 30, 2024, compared to $3,192,000 at the end of the same period in 2023[26] - Cash and cash equivalents stood at $7,204,000 as of September 30, 2024, compared to $6,708,000 at December 31, 2023, indicating an increase of approximately 7.4%[91] - The net cash inflow from operations for the nine months ended September 30, 2024, was $28,564,000, significantly higher than $11,393,000 for the same period in 2023, marking an increase of 151.5%[26] Assets and Equity - Total assets as of September 30, 2024, were $339,660 thousand, an increase from $328,303 thousand as of December 31, 2023[16] - Total equity as of September 30, 2024, was $271,864 thousand, compared to $264,192 thousand as of December 31, 2023, reflecting a growth in shareholder value[16] - As of September 30, 2024, total property, plant, and equipment increased to $264,205,000 from $248,124,000 at December 31, 2023, reflecting a growth of approximately 6.5%[82] Foreign Exchange and Financial Risks - The company reported a net foreign exchange loss of $9,282 thousand for the nine months ended September 30, 2024, compared to a loss of $2,334 thousand for the same period in 2023[10] - The official exchange rate of the new Zimbabwe Gold (ZiG) weakened from ZiG13.99:US$1 to ZiG24.88:US$1 between September 27 and September 30, 2024, leading to substantial foreign exchange losses[48] - A sensitivity analysis indicated that a 45% strengthening of the ZiG against the US Dollar could result in foreign exchange gains of $2,980,000[52] Shareholder Returns - Dividends paid increased to $3,430,000 for the three months ended September 30, 2024, up from $2,801,000 in the same period of 2023, representing a rise of 22.4%[26] - Dividends declared for the nine months ended September 30, 2024, totaled $10,330,000, compared to $10,264,000 in 2023, showing a slight increase of 1%[122] - Dividends of $2.7 million were declared in November 2024, scheduled for payment in December 2024[124] Operational Developments - The company has initiated a marketing process to sell the solar plant, with negotiations ongoing with a reputable global renewable energy operator[95] - The life of mine (LoM) estimate for Blanket Mine has been extended to 2041, which includes inferred resources based on the latest drilling results[99] - The company has implemented a new sales mechanism that allows for debt funding secured against offshore gold sales, reducing risks associated with single refining sources in Zimbabwe[118]

Financial Data and Key Metrics Changes - The financial and operating results primarily reflect the performance at Blanket, indicating that production has stabilized after a challenging period in 2023, but there is a need to address rising costs, particularly due to higher electricity and labor expenses [4]. Business Line Data and Key Metrics Changes - Specific details regarding the performance of different business lines were not provided in the available content, but the focus remains on the operational performance at Blanket [4]. Market Data and Key Metrics Changes - No specific market data or key metrics changes were mentioned in the provided content [1][2]. Company Strategy and Development Direction and Industry Competition - The company is undergoing rapid changes, as indicated by recent announcements, and is focusing on addressing cost issues while stabilizing production [3][4]. Management's Comments on Operating Environment and Future Outlook - Management acknowledged the stronger headwinds faced, particularly from increased electricity and labor costs, which may impact future operations [4]. Other Important Information - The preliminary results of the exploration program at Motapa were mentioned, but specific details were not provided in the available content [1]. Q&A Session Summary - No specific questions and answers from the Q&A session were included in the provided content [1][2][3][4].

ST HELIER, Jersey, Nov. 11, 2024 (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 approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares. The relevant dates relating to the dividend are as follows: Ex-dividend date VFEX: November 20, 2024 Ex-dividend date AIM: November 21, 2024 Ex-dividend date NYSE American: November 22, 2024 Recor ...

ST HELIER, Jersey, Nov. 11, 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 quarter and the nine months ended September 30, 2024 (the "Quarter" and "nine months" respectively). Further information on the financial and operating results for both can be found in the management discussion and analysis ("MD&A") and the unaudited financial statements, which are available on ...

Core Viewpoint - Caledonia Mining Corporation has announced promising initial results from its exploration program at the Motapa project, which is adjacent to its Bilboes Gold Project in Zimbabwe, indicating significant gold mineralization potential [1][5]. Exploration Program Overview - The exploration program at Motapa has included 12,724 meters of trenching, 4,143 meters of diamond drilling (DD), and 5,433 meters of reverse circulation drilling (RC), achieving its initial objectives [3][6]. - The drilling has revealed widespread gold mineralization over a combined strike length of more than 9 kilometers, with high-grade intersections reported in several areas [3][4]. Drilling Highlights - Significant drill results include: - Hole JPRC01: 12.00 meters at 6.36 g/t from 81 meters downhole - Hole JPRC05: 13.00 meters at 5.17 g/t from 88 meters downhole - Hole MPZRC02: 4.00 meters at 10.95 g/t from 12 meters downhole - Hole JDD08: 14.00 meters at 3.20 g/t from 63 meters downhole [3][4][49]. Strategic Importance - The proximity of Motapa to the Bilboes project enhances its strategic importance, as it is expected to play a key role in the company's growth strategy [5][11]. - The exploration activities at Motapa are seen as having substantial upside potential from both greenfield and brownfield exploration opportunities [6][11]. Geological Context - Motapa is located within the Bubi Greenstone Belt and features three main mineralized shear zones: Motapa North, Motapa Central, and Motapa South [7][8]. - The geological mapping and drilling have identified slates, meta-andesites, and banded iron formations (BIFs) as host rocks for gold mineralization, with mineralization being structurally controlled [15][33]. Future Plans - The company plans to conduct follow-up drilling in 2025 to define an open pit mineral resource, particularly focusing on the northern trend of Motapa [17][19]. - Further updates on assay results and exploration progress are anticipated as the company continues its assessment of the Motapa project [6][24].

ST HELIER, Jersey, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM and VFEX: CMCL) ("Caledonia" or the "Company") expects to publish its operating and financial results for the quarter ended September 30, 2024 on Monday, November 11, 2024. A remote presentation for analysts and investors will be held on the same day, at 2:00pm London time, followed by an opportunity to ask questions. A presentation of the results for the quarter and outlook for Caledonia will be availa ...

Core Viewpoint - Caledonia Mining Corporation Plc reported a decrease in gold production for Q3 2024 compared to the same quarter in the previous year, while maintaining its production guidance for the full year 2024 [2][3]. Production Summary - Quarterly gold production for Q3 2024 was 18,992 ounces, down from 21,772 ounces in Q3 2023, which was a record quarter for Blanket Mine [2] - Total gold produced in the nine months ending September 2024 was 56,815 ounces, slightly up from 55,244 ounces in the same period of 2023 [2] - The company reiterated its gold production guidance for 2024, expecting to produce between 74,000 and 78,000 ounces [2] Dividend Information - Future dividends are expected to be declared simultaneously with the publication of quarterly results, with the Q3 2024 dividend to be declared in mid-November if approved by the board [3] - This change pertains only to the timing of dividend declarations and does not indicate any alteration in the company's dividend policy [3]

ST HELIER, Jersey, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Further to the announcement made by Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) ("the Company" or "Caledonia") on April 10, 2024 relating to the issue of awards under the Company's 2015 Omnibus Equity Incentive Compensation Plan (the "Plan"), Caledonia announces that an award of Restricted Share Units made to James Mufara, the Chief Operations Officer, vested on September 30, 2024. A total of 14,694 common shares of no pa ...