Caledonia Mining Corporation Plc (CMCL)
Caledonia Mining shares up 5% after raised production guidance
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) shares rose 5% in early trading on Wednesday after the company raised its 2025 production forecast, following record quarterly output from its Blanket Mine in Zimbabwe. The gold miner reported second-quarter production of 21,070 ounces, slightly ahead of the same period last year and the highest total for a June quarter.
Caledonia Mining's new high grade results “encourage” broker who sees substantial upside
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) is a ‘buy', offering a potential 45% upside, that's according to stockbroker Panmure Liberum, which called today's high-grade gold results “encouraging”. Panmure Liberum's ‘buy' rating comes with a price target pitched at 2,054p.
Caledonia Mining unearths high grade gold as drilling aims to expand Blanket mine
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has unearthed high grades in new drilling results from its Blanket Mine, in Zimbabwe. Grades and intersection widths from the Blanket and Eroica orebodies were better than expected.
Caledonia Mining publishes ESG report for 2024
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) on Tuesday published its annual ESG Report for 2024, reflecting an evolution toward more sophisticated sustainability practices and a ‘strategic approach to addressing climate-related business challenges'. The gold miner noted it completed a climate change risk assessment during the year, examining the potential effects of extreme weather, water stress, energy security and regulatory changes.
Feasibility study and falling costs set Caledonia Mining up for second-half rerating, say broker
The next big catalyst for Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) is just around the corner. Investors are watching closely for the long-awaited feasibility study on its Bilboes project, which Panmure Liberum believes could reshape the outlook for the Zimbabwe-focused gold miner.
Caledonia Mining Corporation Plc (CMCL) Q1 2025 Earnings Call Transcript
Caledonia Mining Corporation Plc (NYSE:CMCL ) Q1 2025 Earnings Conference Call May 12, 2025 9:00 AM ET Company Participants Mark Learmonth - CEO Ross Jerrard - CFO Rusiano Tsoka - Group Safety, Health and Environment Manager, Blanket Mine Victor Gapare - Executive Director Craig Harvey - VP, Technical Services James Mufara - COO Conference Call Participants Howard Flinker - Flinker Nic Dinham - SBG Securities Operator Ladies and gentlemen, welcome to the Caledonia Mining Q1 Results Presentation. I'd like to hand over to Mark Learmonth, CEO.
Caledonia Mining: An undervalued 'nugget' in the gold space
For investors searching for undervalued names in the gold space, broker Cavendish believes Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) stands out as a compelling opportunity. The Zimbabwe-based gold producer is trading well below its estimated fair value, despite strong free cash flow, consistent dividends and a positive outlook on production.
Caledonia Mining hails 'exceptional' first quarter as profits surge on strong gold prices
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) delivered what chief executive Mark Learmonth described as an 'exceptional' first quarter, with higher production and surging gold prices lifting profits and cash flow. The Zimbabwe-focused gold producer reported revenue of $56.2 million for the three months to 31 March, a 46% jump on the same period last year.
Caledonia Mining ‘delighted' as Blanket mine sets new gold record
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) told investors it has seen record first-quarter gold production from its Blanket mine, in Zimbabwe. Output reached 18,671 ounces in the three months to the end of March, versus 17,050 ounces in same period last year and beat the prior Q1 record of 18,515 ounces set in 2022.
Caledonia Mining completes solar sale
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) confirmed it has now completed the sale of its solar plant, for $22.35 million. It sold the subsidiary that owns and operates a 12.2MWac solar plant that continues to supply power to the Blanket Mine under an exclusive power purchase agreement.
Caledonia Mining expects to harvest cash as gold prices stay high - ICYMI
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) this week reported a strong financial and operational performance for 2024, supported by higher gold prices and stable production levels. At the same time, the company told investors that it had opted to enhance the project's ongoing feasibility study – to improve the project and its economics.
Caledonia Mining's enhanced Bilboes feasibility will be worth the wait - broker
An enhanced feasibility study will be worth the wait for Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) and its investors, that's the view of analysts at Panmure Liberum. Caledonia yesterday released results for 2024 and revealed that the feasibility study for the Bilboes project had been extended to evaluate options that could significantly reduce capital costs.
