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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Caledonia Mining Corporation plc announces that the electricity supply situation at the Blanket Mine has improved substantially in late August and September thanks largely to a timely and coordinated response from the Chamber of Mines, the Ministry of Mines, the Ministry of Energy and Power Development and the Zimbabwean Energy Regulatory Authority [...]
Caledonia Mining Corporation plc announces quarterly gold production from the Blanket Mine in Zimbabwe for the quarter ended September 30, 2019 . 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. Approximately 13,646 [...]
Caledonia Mining Corporation plc is pleased to announce the successful installation and commissioning of a new oxygen plant at the Blanket Mine in Zimbabwe. The new oxygen plant is expected to improve metallurgical recovery and reduce cyanide consumption at Blanket. Based on test work conducted, it is anticipated that the plant will improve overall [...]
Caledonia Mining Corporation plc today announces that its board of directors has declared a dividend of six and seven eighths United States cents on each of the Company's common shares. The relevant dates relating to the dividend are as follows: Ex-dividend date: October 10, 2019 Record date: October 11, 2019 Dividend cheque mailing date: October [...]
Caledonia Mining Corporation plc announces that Nick Clarke has joined the board of directors of the Company as an independent non-executive director with immediate effect. Mr Clarke, who is Chairman of Central Asia Metals PLC , is a highly experienced Chartered Engineer with 45 years in the mining industry. He has held senior positions in several [...]
Caledonia Mining Corporation plc announces that it received notice yesterday that Johan Holtzhausen, a director, has purchased a total of 825 depositary interests representing the same number of common shares of no par value each in the Company at a price per depositary interest of GBP4.6899. Following this transaction, Mr Holtzhausen has an [...]