Caledonia Mining Plc(CMCL)

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Caledonia Mining Corporation Plc: Blanket Mine Q2 2024 Production
GlobeNewswire News Room· 2024-07-10 06:00
Production Summary "Blanket Mine continues to provide a solid foundation for growth as we prepare to become a multi-asset gold producer. Production in the first half of 2024 was excellent and has exceeded our expectations. We remain on track to hit our annual production target of 74,000 to 78,000 ounces of gold." Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall Panmure Liberum Limited (Joint Broker) Scott Mathieson/Matt Hogg Tel: +44 20 3100 2000 Debra Tatenda Cautionary Note Concerning Forw ...
Caledonia declares quarterly dividend
GlobeNewswire News Room· 2024-07-01 06:00
ST HELIER, Jersey, July 01, 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 declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares. Ex-dividend date VFEX: July 10, 2024 Ex-dividend date AIM: July 11, 2024 Ex-dividend date NYSE American: July 12, 2024 Record date: July 12, 2024 Payment date: July 26, 2024 Caledonia's Dividend P ...
Caledonia Mining Corporation Plc: Cancellation of the block admission in respect of ATM Sales Agreement
Newsfilter· 2024-06-12 06:00
Group 1 - The Company has cancelled its block admission related to the ATM Sales Agreement, effective June 12, 2024, due to the expiration of its Form F-3 Registration Statement on May 18, 2024 [1][4] - No shares have been or will be allotted under the ATM Sales Agreement with Cantor Fitzgerald & Co, which was initially announced on May 18, 2023 [4] - The ATM Sales Agreement allows for the issuance of 2,000,000 depositary interests representing the same number of common shares during the specified period from May 17, 2024, to June 11, 2024 [2]
Caledonia to file preliminary economic assessment on chosen approach to develop the Bilboes sulphide gold project
Newsfilter· 2024-06-03 06:00
Core Viewpoint - Caledonia Mining Corporation is advancing the Bilboes sulphide gold project to a single-phase development, which is expected to yield superior economic returns compared to multi-phase options [4][7]. Project Overview - The company will file a preliminary economic assessment (PEA) for the Bilboes project, reflecting updates since its acquisition in January 2023 [1][2]. - The PEA indicates a projected production of approximately 1.5 million ounces of gold over an initial 10-year mine life at an all-in sustaining cost of $968 per ounce [5][9]. Economic Assessment Highlights - The PEA shows a payback period of 1.9 years at a gold price of $1,884 per ounce [5]. - Key economic outcomes from the PEA include: - Total production: 1.518 million ounces - Total capital cost: $403 million - Peak funding requirement: $309 million - Net present value (NPV) at 10%: $309 million - Internal rate of return (IRR): 34% [9]. Development Strategy - The decision for a single-phase development is based on evaluations showing it offers better cash generation and lower capital costs compared to phased development [5][7]. - The revised approach includes a modular construction for the Tailings Storage Facility (TSF) to reduce initial capital expenditure [2][6]. Future Plans - The company plans to upgrade the confidence level of the study regarding the TSF to a feasibility study, expected to be completed in the first half of 2025 [8][12]. - Funding solutions are being pursued alongside the preparation of the New Feasibility Study [5][13]. Mineral Resource Estimate - The PEA includes a mineral resource estimate with total measured and indicated resources of 33.650 million tonnes at an average grade of 2.30 g/t Au, equating to approximately 2.47 million ounces [10]. - Inferred resources are not included in the economic outcomes of the PEA [11]. Management Commentary - The CEO emphasized that the single-phase development represents a strategic milestone for Caledonia, potentially tripling its production capacity to over 200,000 ounces per annum [12][14].
Caledonia to file preliminary economic assessment on chosen approach to develop the Bilboes sulphide gold project
GlobeNewswire News Room· 2024-06-03 06:00
ST HELIER, Jersey, June 03, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the Company will shortly be filing a preliminary economic assessment in accordance with Canada's National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") on SEDAR+ (the "PEA") for a single-phase development of the Bilboes sulphide gold project (the "Project"). A copy of the PEA, which is en ...
Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
globenewswire.com· 2024-05-24 06:00
Core Points - Caledonia Mining Corporation Plc received notification from BlackRock, Inc. regarding a change in its voting rights as of May 22, 2024 [1] - The notification indicates that BlackRock crossed a threshold for reporting a relevant change under AIM Rules for Companies [1] Summary by Sections Company Notification - The notification was received on May 23, 2024, and pertains to a change that occurred on May 22, 2024 [1] - The notification is part of the regulatory requirements for major holdings [1] Shareholder Details - BlackRock, Inc. is based in Wilmington, DE, USA [3] - The notification indicates that BlackRock's voting rights changed to 4.06% directly and 0.61% through financial instruments, totaling 4.67% [3][4] Voting Rights Breakdown - The total number of voting rights held by BlackRock is 898,148 [3] - Previous notification indicated a voting rights percentage of 3.97% directly and 0.70% through financial instruments, totaling 4.67% [3] Financial Instruments - BlackRock holds 25,295 voting rights (0.13%) through securities lending and 92,029 voting rights (0.47%) through CFDs [4][5] - The total voting rights through financial instruments amount to 117,324 [4][5]
Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
globenewswire.com· 2024-05-23 06:00
Core Points - Caledonia Mining Corporation Plc received notification from BlackRock, Inc. regarding a change in voting rights on May 21, 2024, which was communicated to the company on May 22, 2024 [1][3][4] Group 1: Notification Details - BlackRock, Inc. crossed a threshold for notification of a relevant change as defined by the AIM Rules for Companies [1][3] - The resulting situation indicates that BlackRock holds 3.97% of voting rights attached to shares and an additional 0.70% through financial instruments, totaling 4.67% [4][5][6] Group 2: Voting Rights Breakdown - The total number of voting rights held by BlackRock is 898,203 [4] - The previous notification indicated a holding of 4.18% of voting rights, which has decreased to 4.67% after the recent change [4][5]
Caledonia Mining Corporation Plc: Utilisation of the block admission in respect of ATM Sales Agreement
globenewswire.com· 2024-05-20 06:00
ST HELIER, Jersey, May 20, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) gives below the information required by Schedule Six of the AIM Rules for Companies in connection with its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co ("Cantor") (the "ATM Sales Agreement"), as announced on May 18, 2023. Matt Hogg Tel: +44 20 3100 2000 Camarco, Financial PR (UK) Gordon Poole Julia Tilley Elfie Kent Tel: +44 ...
Caledonia Mining Corporation Plc: Utilisation of the block admission in respect of ATM Sales Agreement
Newsfilter· 2024-05-20 06:00
ST HELIER, Jersey, May 20, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) gives below the information required by Schedule Six of the AIM Rules for Companies in connection with its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co ("Cantor") (the "ATM Sales Agreement"), as announced on May 18, 2023. | Name of company: | Caledonia Mining Corporation Plc | | --- | --- | | ATM Sales Agreement | | | Name of ...
Caledonia Mining Plc(CMCL) - 2023 Q4 - Annual Report
2024-05-15 19:36
Indicate the number of outstanding shares of each of the issuer's classes of capital or stock as of the closing of the period covered by the annual report: Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. ☒Yes ☐ No In ...