Caledonia Mining Corporation plc announces quarterly gold production from the Blanket Mine in Zimbabwe for the quarter ended March 31, 2020 . All production numbers are expressed on a 100 per cent basis and are based on mine production data and are, therefore, subject to adjustment following final assay at the refiners. 14,233 ounces of gold were produced during the Quarter, an increase of 19 per cent on the 11,948 ounces [...]
Caledonia Mining Corporation plc announces that due to the uncertain business environment associated with the COVID-19 Pandemic, the board of directors has decided to defer its approval of the declaration of the second quarterly dividend of 2020. The board will keep this decision under constant review as it monitors prevailing market conditions. Production at Blanket continues, although at a lower rate than targeted due [...]
Caledonia Mining Corporation plc announces that documents comprising a notice of annual general meeting of shareholders and a management information circular – solicitation of proxies together with a proxy form are now available at: https://www.caledoniamining.com/investors/shareholder-information/#shareholder-meeting-documents The AGM will be held at Radisson Blu Waterfront Hotel, Rue de l'Etau, St Helier, Jersey JE2 [...]
Caledonia Mining Corporation plc notes the announcement by His Excellency, President E.D. Mnangagwa on March 27, 2020 of a nationwide lockdown of Zimbabwe to restrict the spread of COVID-19 infections. In terms of these regulations all commercial activities other than “essential services” must suspend operations from March 30, 2020 for a period of 21 days. Although the Zimbabwe authorities have confirmed that gold mining [...]
Caledonia Mining Corporation plc notes the announcement by the South African authorities of a nationwide lockdown of South Africa effective for 21 days from March 26, 2020 until April 16, 2020 as part of their efforts to inhibit the spread of COVID-19 infections. The lockdown is expected to have knock on effects for Caledonia as the supply chain for the procurement of a significant portion of mining consumables and [...]
Caledonia Mining Corporation plc announces its operating and financial results for the year ended December 31, 2019 . Further information on the financial and operating results for the Year and the quarter ended December 31, 2019 can be found in the Management Discussion and Analysis and the audited financial statements which are available on the Company’s website and which have been filed on SEDAR. 2019 Financial [...]
Caledonia Mining Corporation plc is pleased to announce that earnings for 2019 will be substantially higher than market expectations due to the combined effects of: the continued strength of the gold price; higher than expected production for 2019; and lower than expected operating costs. As a result of these factors, adjusted earnings per share for 2019 are expected to be in the range of US$1.55 to US$1.75 per share [...]
Caledonia Mining Corporation plc is pleased to announce the completion of the purchase of an additional 15 per cent shareholding in Blanket Mine Limited . Summary Today’s announcement marks the completion of the transaction first announced on November 6, 2018, following receipt of approvals from various Zimbabwean regulatory authorities. The purchase of Fremiro’s 15 per cent holding means Caledonia’s [...]
Caledonia Mining Corporation plc announces record quarterly gold production from the Blanket Mine in Zimbabwe for the quarter ended December 31, 2019 . Approximately 16,876 ounces of gold were produced during the Quarter, exceeding the previous production record of 16,425 ounces set in the final quarter of 2017. Production in the Quarter was 24 per cent higher than the previous quarter and 13 per cent higher than the [...]
Caledonia Mining Corporation plc announces that following the maturing of a long term incentive plan award on January 19, 2020 a total of 25,553 securities in the Company, in the form of depositary interests, will be issued to a member of the Company’s staff. Application will be made by Caledonia for the admission of the depositary interests to trading on AIM and it is anticipated that trading in such securities [...]
Caledonia Mining Corporation plc today announces that the Board of Directors has declared an increased quarterly dividend of seven-and-a- half United States cents on each of the Company's common shares. Highlights 9.1 per cent increase from the previous quarterly dividend of 6.875 cents Financial performance has improved due to increased production and the continued higher gold price Central Shaft to be commissioned in Q4 [...]
Caledonia Mining Corporation plc announces its operating and financial results for the third quarter of 2019 . Gold production in the Quarter was 13,646 ounces, an increase of 7.3% on gold produced in the second quarter of 2019 taking production for the first nine months of 2019 to 38,306 ounces. Basic earnings per share for the Quarter were 61.1 cents and adjusted EPS were 16.2 cents. As was the case in the second [...]
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