Caledonia Mining Corporation plc announces its operating and financial results for the quarter ended March 31, 2020 . Further information on the financial and operating results for the Quarter can be found in the management discussion and analysis and the un-audited financial statements which are available on the Company’s website and which have been filed on SEDAR. Financial Highlights Gross revenues of $23.6 million, a [...]
Caledonia Mining Corporation plc announces the results of its annual general meeting of shareholders held at St Helier, Jersey today. The total number of shareholders present in person or by proxy at the AGM was 70, representing 50.95% of the Company’s outstanding voting shares. The table below shows the proxy votes received on resolutions 1 to 1, which were duly passed by a show of hands, to reappoint the seven nominees [...]
Caledonia Mining Corporation plc announces that its board of directors has declared a dividend of seven and a half United States cents on each of the Company's common shares. On April 1, 2020 the board deferred the decision to declare the quarterly dividend in light of the uncertainty surrounding the COVID-19 pandemic. The board has been encouraged by the continued operations of the Blanket Mine and the re-opening of [...]
Caledonia Mining Corporation plc announced on March 30, 2020 that its annual general meeting for 2020 would be held on May 6, 2020 . The Government of Jersey implemented measures on March 30, 2020 intended to protect the public from the spread of COVID-19. The measures, amongst other things, include restricting public gatherings to no more than two people. The measures were due to end before the AGM. However, on April 24 [...]
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 [...]