Caledonia Mining Corporation Plc (CMCL)
Caledonia Mining details chair succession with July Ndlovu taking up the role next week
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) told investors that chairman John Kelly will step down from the role after next week's annual general meeting, with independent non-executive director July Ndlovu lined up to succeed him. The gold producer said the move forms part of its board succession plan.
Caledonia Mining expects recovery in volumes as 2026 progresses
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) told investors that first-quarter gold production at its Blanket Mine reduced, as expected, to 14,767 ounces, as a planned move through lower-grade areas was compounded by equipment availability issues and difficult ground conditions. The group said the weaker quarter had been anticipated, reflecting mining sequence and temporary access constraints to higher-grade, higher-volume zones.
Caledonia Mining says analysis of deep drilling has added confidence
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has told investors that deep-level drilling at its Blanket Mine in Zimbabwe has returned better-than-expected grades and widths in key zones, bolstering confidence in the mineral resource below the mine's current lowest levels. The group completed 10,311.9 metres of deep drilling between March and December 2025, targeting the Blanket, Eroica and Lima orebodies.
Caledonia Mining: Strong Buy As Long-Term Value Gets Unearthed (Upgrade)
I'm upgrading Caledonia Mining to Strong Buy, as the market underappreciates its significant milestones amid near-term volatility. CMCL has secured $150 million in convertible notes and hedged gold sales above current realized prices, de-risking the Bilboes project funding. Bilboes expansion positions the company to add 200,000 oz/year from 2029 following its development, with group CapEx guidance rising significantly to $178.9 million for 2026.
Caledonia Mining Corporation Plc (CMCL) Q4 2025 Earnings Call Transcript
Caledonia Mining Corporation Plc (CMCL) Q4 2025 Earnings Call Transcript
Caledonia Mining posts record profits as gold price surge triples cash flow
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) reported a near-tripling of annual profit after a surging gold price drove revenue up 46% to $267.7 million in 2025. The Zimbabwe-focused producer's total gold sales edged up to 79,075 ounces from 77,917 ounces, meaning the bulk of the earnings uplift came from price rather than volume, with the average realised gold price rising sharply against 2024 levels.
Caledonia Mining: Zimbabwe is "open for business"
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has released a highlights video from its Zimbabwe Mining Forum, after the company hosted around 150 mining executives, investors and officials for a Cape Town breakfast focused on the country's mining sector. Chief executive Mark Learmonth said the session enabled “a substantive dialogue between government and industry,” adding that the message from Zimbabwe's senior officials was clear: “the country is open for business.
Caledonia Mining secures $150m from US bond issue to fund Zimbabwe gold project
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has raised $150 million through a bond offering in the United States to help fund development of its Bilboes gold project in Zimbabwe, a move the company says puts it on track to begin major procurement later this year. The Jersey-based miner said the debt sale attracted strong demand from American investors, with total orders exceeding $600 million.
Caledonia Mining: Fundamental Position Weakening As Gold Continues Ascent
Caledonia Mining Corporation is downgraded from 'Strong Buy' to 'Buy' due to declining production, rising costs, and Zimbabwean government intervention risks. CMCL's recent rally was interrupted by proposed tax and royalty changes, undermining investor trust despite subsequent government backtracking on key fiscal measures. Production from the Blanket mine is falling, with 2026 output and all-in-sustaining costs expected at 76,213 oz and $2,200/oz, respectively, pressuring margins.
Caledonia Mining expects to raise $125m in convertible bond offer
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has priced a private placement of $125 million of 5.875% Convertible Senior Notes due 2033. The London-listed gold miner's note offer was upsized from $100 million.
Caledonia Mining still a 'Buy' amid upgraded gold forecasts says Cavendish
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) ended FY25 with production broadly in line with its upgraded guidance, highlighted broker Cavendish, despite a softer fourth quarter at Blanket in Zimbabwe. The stockbroker noted Q25 output was 17,400 ounces of gold, slightly behind its expectations after lower tonnages of higher-grade ore and power interruptions late in the period.
Caledonia says Blanket gold mine has again delivered production in line with guidance
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) reported that gold production at its Blanket Mine, in Zimbabwe, met guidance for the 2025 financial year and outlined its production and cost expectations for 2026. The company said Blanket produced 76,213 ounces of gold in FY 2025, which was within the increased guidance range of 75,500 to 79,500 ounces.
