Caledonia Min Share News (CMCL)

IN BRIEF: Caledonia 2023 Blanket gold production in line with guidance

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Says 2023 gold production at Blanket mine is in line with guidance at 75,416 ounces. Gold production for the fourth quarter of 2023 was 20,172 oz. Says 2024 gold production guidance for Blanket is 74,000 to 78,000oz. Anticipated group capital expenditure is USD34.4 million, which includes approximately USD20 million of sustaining investment and UAS14.4 million of expansion expenditure. On-mine costs are expected to be consistent with costs incurred in 2023, it adds.

Zimbabwe gold output declines 15% amid electricity, forex shortages

HARARE, Jan 8 (Reuters) - Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday, as electricity cuts and currency volatility impacted output.

Caledonia Mining declares quarterly dividend

(Sharecast News) - Caledonia Mining declared a quarterly dividend of 14 US cents per share on Tuesday.

Caledonia Mining chief operating officer to step down after 10 years

(Alliance News) - Caledonia Mining Corp PLC on Friday said Chief Operating Officer Dana Roets will step down in the new year, after 10 years at the company.

EARNINGS: ActiveOps swings to small profit; Aeorema confident

(Alliance News) - The following is a round-up of earning and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Caledonia Mining quarterly gold production grows at Blanket

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Third quarter gold production at Blanket mine grows 3.0% to 21,772 ounces from 21,120 ounces during the same period a year ago. In nine months to September 30, produces 55,244 ounces. Reiterates full-year gold production guidance of between 75,000 ounces and 80,000 ounces.

IN BRIEF: Caledonia Mining quarterly profit plummets amid higher costs

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Pretax profit in the second quarter to June 30 dives to USD1.5 million from USD18.7 million a year before. Revenue flat at USD37.0 million. Production costs increase 43% to USD20.7 million from USD14.5 million. Further, notes a net foreign exchange loss of USD3.6 million compared to a net foreign exchange gain of USD4.2 million a year before. Looking ahead, expects to complete the feasibility study on Bilboes sulphide project to determine the best implementation strategy and financing requirements.

IN BRIEF: Caledonia Mining says employee has died at Blanket Mine

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Says that an accident took place on Monday at the Blanket Mine in Zimbabwe, as a result of which one employee of GMG - a company contracted to Blanket Mine - succumbed to his injuries in hospital on Tuesday. Explains that the accident "related to the maintenance of trackless equipment", and adds further details cannot be released pending the outcome of an enquiry.

TRADING UPDATES: Caledonia Mining reports interim production drop

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

IN BRIEF: Caledonia Mining hails drilling results at Blanket mine

Caledonia Mining Corp PLC- Jersey-based, Zimbabwe-focused gold producer - Reports "encouraging" results from the ongoing underground drilling programme at Blanket mine, which is currently "targeting depth extensions to the Eroica ore body. Says about 5,600 metres of drilling have been completed between January and the end of May.

Caledonia Mining revenue falls in first quarter amid "challenges"

(Alliance News) - Caledonia Mining Corp PLC on Monday said its revenue dropped in the first quarter of the year as production fell behind expectations.

IN BRIEF: Caledonia Mining chair retires, appoints interim before AGM

Caledonia Mining Corp PLC - Jersey-based gold producer focused on Zimbabwe - Non-Executive Chair Leigh Wilson retires, effective immediately, having served in the role since May 2013. Says it will announce a permanent successor after its annual general meeting on Tuesday next week, while Non-Executive Director John Kelly will act as interim chair in the intervening period.

TRADING UPDATES: Lookers buys Waterhouse; CT Automotive audit ongoing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Caledonia Mining starts selling Blanket gold directly overseas

(Sharecast News) - Caledonia Mining Corporation announced on Thursday that it has started selling gold produced from its Blanket Mine in Zimbabwe directly to a refiner outside the country.

UK shareholder meetings calendar - next 7 days