Caledonia Mining Corporation Plc (CMCL)
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.
Caledonia Mining confirms Zimbabwe's 2026 budget has now been enacted
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has confirmed that Zimbabwe has now enacted its 2026 National Budget. The enacted provisions confirm Caledonia's December 19 position, the company said.
Caledonia Mining welcomes revisions to Zimbabwe's new royalties and taxes regime
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has told investors that Zimbabwe has amended proposed changes to mining royalties and taxes outlined in the country's 2026 National Budget, easing potential impacts on gold producers. The government revised plans to raise the gold royalty rate from 5% to 10%, with the increase now applying only if gold prices exceed 5,000 dollars per ounce.
Caledonia Mining Corporation Plc (CMCL) Shareholder/Analyst Call Transcript
Caledonia Mining Corporation Plc (CMCL) Shareholder/Analyst Call Transcript
Caledonia Mining notes proposed chances to Zimbabwe royalties and tax on gold
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has noted proposed changes to Zimbabwe's royalty and tax regimes for gold producers. New measures were included in the 2026 National Budget, and would raise the royalty rate to 10% when the gold price exceeds US$2,500 per ounce and adjust capital expenditure deductions across the life of a project.
Caledonia Mining has greenlit its next growth project - ICYMI
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) this week confirmed it will move forward with development of the Bilboes gold project following the release of a comprehensive feasibility study. The company said the project contains approximately 2.3 million ounces of gold at a grade of over 2g/t, supporting a 10-year mine life with total production of 1.5 million ounces.
Caledonia Mining has taken a major step forward - analyst
Caledonia Mining Corporation PLC's (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) decision to proceed with the Bilboes sulphide project marks a major step, so says stockbroker Cavendish, as analyst Yuen Low reacted to Tuesday's news. The greenlight at Bilboes is supported by a feasibility study that shows a post-tax NPV of US$582 million and an internal rate of return of 32.5%.
Caledonia Investments Plc (CALEF) Q2 2026 Earnings Call Transcript
Caledonia Investments Plc (CALEF) Q2 2026 Earnings Call Transcript
