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.
Caledonia Mining (NYSE AMERICAN/AIM/VFEX: CMCL) reported that Zimbabwe amended proposed 2026 budget changes affecting gold miners. On 17 December 2025 the finance minister revised measures: the planned royalty hike from 5% to 10% will only apply if the gold price exceeds US$5,000/oz (previously $2,500/oz); the proposal to spread capital expenditure tax deductions over project life has been withdrawn; and a proposed 15% withholding tax on offshore loan interest has been withdrawn.
Caledonia says the revised measures are not yet law but are expected to be enacted before year end and should leave the company’s financial outlook unchanged provided the gold price remains below $5,000/oz. Management welcomed the revisions as supportive of mining and future projects.
Caledonia Mining Corporation Plc (CMCL) reports an update under Rule 29/Schedule Six relating to its ATM Sales Agreement with Cantor Fitzgerald & Co covering the period 16 June 2025 to 16 December 2025. The company confirms no securities were issued or allotted under the ATM during this period and that a balance of 4,000,000 depositary interests (each representing a common share) remains available under the scheme. The ATM was originally announced on 17 December 2024. Contact details for investor enquiries are provided.
Caledonia Mining Plc (CMCL) received a notification from BlackRock, Inc. that on 8 December 2025 BlackRock crossed the AIM relevant-change threshold.
Resulting position on 08/12/2025: total 5.37% of voting rights (1,037,639 votes), comprising direct shares 5.02% (970,305 votes), CFDs 0.33% (65,602 votes) and securities lending 1,733 votes.
Caledonia Mining (CMCL) commented on proposed fiscal changes in Zimbabwe’s 2026 National Budget announced 27 November 2025 that affect gold miners.
Key proposals: an increase in the gold royalty from 5% to 10% when the gold price exceeds US$2,500/oz (reported to apply to the full price) and a change to capital expenditure tax treatment so the current 100% upfront deduction would be spread over the life of the project (timing change, not total deduction). Caledonia is assessing implications for the Bilboes Gold Project and says the royalty change, if implemented, would likely reduce profitability and cash generation at its Blanket Mine. The company continues to engage with authorities and will update when clarity is available.
Caledonia Mining (NYSE AMERICAN/AIM/VFEX: CMCL) will host a remote presentation on Monday 1 December 2025 at 2:00pm London time to discuss the publication of the feasibility study and the Company’s decision to proceed with the Bilboes Gold Project in Zimbabwe. The session includes a presentation for analysts and investors followed by a Q&A. A live webcast will be available at the provided link for remote attendees.
Contact details for investor relations and advisors are available for follow-up enquiries, including Caledonia investor contacts, Cavendish Capital Markets, Camarco, Curate Public Relations (Zimbabwe), and IH Securities (VFEX sponsor).
Caledonia Mining (NYSE AMERICAN: CMCL) announced it will proceed with the Bilboes Gold Project after publishing a Feasibility Study dated October 31, 2025. Key metrics: proven and probable reserves 1.75 Moz at 2.26 g/t, LoM production 1.55 Moz over 10.8 years, first full year ~200,000 oz (2029), plant throughput 240kt/month (first 6 years), BIOX® processing, AISC US$1,061/oz, post-tax NPV8%Real US$582M and IRR 32.5% at a US$2,548/oz price. Project capex US$584M with peak funding requirement US$484M; FEED starts immediately and first production expected late 2028.
Caledonia Mining (NYSE AMERICAN: CMCL) approved a quarterly dividend of US$0.14 per share, announced alongside third quarter results on November 10, 2025. Key dates are: VFEX ex-dividend November 19, 2025; AIM & NYSE American ex-dividend November 21, 2025; record date November 21, 2025; and payment date December 5, 2025. Shareholders with a registered UK address will be paid in sterling.
The Board reiterates its quarterly dividend policy, adopted in 2014, and will consider future dividends in line with investment opportunities and risk management.
Caledonia Mining (NYSE AMERICAN/AIM/VFEX: CMCL) reported Q3 2025 results with revenue of US$71.4m (+52% vs Q3 2024), EBITDA of US$33.5m and profit after tax of US$18.7m. Gold production was 19,106 oz and gold sold 20,792 oz. Realised gold price averaged US$3,434/oz. Consolidated on-mine cost was US$1,228/oz and AISC was US$1,937/oz. Free cash flow improved to US$5.9m and liquidity stood at US$44.3m. The Board declared a quarterly dividend of US$0.14 per share payable 5 Dec 2025. The Company announced a Blanket mine employee fatality and is conducting a comprehensive safety review.
Caledonia Mining Corporation (NYSE AMERICAN/AIM/VFEX: CMCL) announced on 5 November 2025 the appointment of July Ndlovu as an independent non-executive director.
Mr Ndlovu, age 60, brings >28 years of mining leadership including former CEO of Thungela Resources and senior roles at Anglo American Platinum. He currently serves on the AECI board and chairs its Remuneration & Human Capital Committee.
Disclosure: Mr Ndlovu is a 36% shareholder in Fremiro Investments which holds 567,266 shares in Caledonia; no other AIM Schedule 2 matters were disclosed.
Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM, VFEX: CMCL) said it expects to publish operating and financial results for the third quarter ended September 30, 2025 on Monday, November 10, 2025.
A remote investor and analyst presentation will be held the same day at 2:00pm London time with a Q&A and slide deck to be posted on Caledonia's website. Cavendish Capital Markets will act as the company's UK nominated adviser and sole broker.
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