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Caledonia Mining - CMCL STOCK NEWS

Welcome to our dedicated page for Caledonia Mining news (Ticker: CMCL), a resource for investors and traders seeking the latest updates and insights on Caledonia Mining stock.

Caledonia Mining Corporation Plc (CMCL) provides investors and industry observers with comprehensive updates through this centralized news hub. Focused on gold production from its Zimbabwe-based operations, this page aggregates official announcements, quarterly results, and strategic developments from the company's core assets.

Access timely updates on the Blanket Mine's production metrics, exploration progress at Maligreen and Motapa projects, and corporate initiatives shaping CMCL's position in southern Africa's mining sector. Our curated collection serves as your primary source for operational updates, resource estimates, and management commentary - essential for understanding this gold producer's market trajectory.

Key updates include quarterly production reports, reserve disclosures, infrastructure investments, and sustainability initiatives. Bookmark this page to monitor CMCL's progress in optimizing its flagship operation while expanding its asset base through strategic exploration.

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Caledonia Mining Plc issues 335 common shares to staff as part of LTIP awards under the 2015 Omnibus Equity Incentive Compensation Plan.
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Caledonia Mining Plc (CMCL) receives notification from BlackRock, Inc. regarding a relevant change in voting rights. BlackRock now holds 4.79% of voting rights in CMCL, with 4.00% direct and 0.79% indirect through financial instruments.
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Caledonia Mining Plc reports increased gold production and sales at Blanket Mine in Zimbabwe for Q1 2024. Production reached 17,050 ounces, a 6% rise from Q1 2023, with 18,450 ounces sold, a 17% increase. The company reiterates 2024 production guidance of 74,000 to 78,000 ounces. CEO Mark Learmonth highlights the strong start and growth potential of the mine.
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Caledonia Mining Plc announces James Mufara as the new Chief Operating Officer, bringing extensive experience in the mining sector. Mufara's background includes managing multiple mines and staff, mining significant gold volumes annually, and leading various mining operations in Southern Africa. His appointment signifies a crucial moment in Caledonia's development, with a focus on enhancing operational performance.
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Caledonia Mining Plc declares a quarterly dividend of 14 US cents per share, with specific dates for ex-dividend, record, and payment. The company's dividend policy aims to maximize shareholder value with a prudent risk management approach.
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Caledonia Mining Plc announces its financial results for the year ended December 31, 2023, with a gross revenue of $146.3 million and a quarterly dividend of 14 cents per share. Despite a decrease in gross profit and EBITDA compared to 2022, the company remains in line with market expectations and production guidance for 2024. Operating highlights include annual gold production at Blanket of 75,416 ounces in 2023, with a focus on future growth and multi-asset gold production strategy.
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Caledonia Mining Plc announces the availability of documents for its annual general meeting of shareholders. The AGM will be held on May 7, 2024, at Radisson Blu Waterfront Hotel in St Helier, Jersey. Various contact details for inquiries are provided.
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Caledonia Mining Plc (CMCL) received notification from BlackRock, Inc. of crossing a threshold for notification of a relevant change. BlackRock now holds 4.79% of voting rights in CMCL, with 4.00% direct and 0.78% indirect through financial instruments.
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Caledonia Mining Plc announces the appointment of Tariro Gadzikwa as an Independent Non-Executive Director and the retirement of Steve Curtis from the Board. Tariro brings significant financial expertise to the Board, having held executive roles in various companies. Steve Curtis will step down from the Board but remain a consultant to Caledonia.
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Caledonia Mining Corporation Plc provides a trading update for 2023, reporting 75,416 ounces of production at Blanket Mine. While revenue is in line with market expectations, increased operating costs and one-off expenses have led to reduced profit for the year. The company anticipates reporting an adjusted profit before tax below market expectations for 2023. The increase in costs is attributed to higher overtime payments, power costs, administrative costs, staff termination costs, financing costs, and a one-off impairment charge. Despite these challenges, the company expects cost reductions in 2024, particularly with Bilboes project costs being reduced to care and maintenance only. The company's cash position at the end of 2023 was $6.7 million. Operating and financial results for the fourth quarter of 2023 will be released by March 28, 2024.
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Caledonia Mining

NYSE:CMCL

CMCL Rankings

CMCL Stock Data

259.32M
16.30M
14.99%
50.35%
1.26%
Gold
Basic Materials
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Jersey
Saint Helier