Caledonia Mining

Financials:

Primary ticker: AIM:CMCL, NYSE:CMCL, VFEX:CMCL
Stage of development: Exploration, Production
Primary minerals: Gold
Project to promote: Blanket Mine
Project location: Zimbabwe
Website: www.caledoniamining.com

Caledonia Mining is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe. In 2022 the Company plans to increase its annual production to 80,000 ounces.
 
The Company pays a quarterly dividend of 14 cents a share. The dividend has been increased 7 times & is a 104% increase from 6.875 cents announced in October 2019.
 
Caledonia is committed to evaluating investment opportunities with a vision to become a multi asset gold producer.


Major shareholders:

Allan Gray – 15%
Fremiro Investments – 6%
Sales Promotion Services – 5%
Charles Schwabb – 5%
Van Eck – 4%
Management Ownership – 4%

Management Profile

Mark Learmonth – CFO
He joined Caledonia in July 2008. Prior to this, he was division director of Investment Banking at Macquarie First South in South Africa, and has over 17 years’ experience in corporate finance and investment banking.
Mark graduated from Oxford University and is a chartered accountant.

What recent news would you like to highlight to investors attending?

Completion of Central Shaft
Maligreen project
Record annual project
New opportunities