Caledonia Mining Stock Price, News & Analysis

Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). The report is now accessible to investors and the public through the SEC's website and Caledonia's corporate website under the investors section.

Caledonia Mining Corporation Plc (NYSE: CMCL) announced a significant change in shareholding by BlackRock, Inc. as of May 12, 2025. BlackRock's total position in Caledonia increased to 5.07%, crossing a notification threshold. The position consists of 4.82% in direct voting rights (930,023 shares) and 0.25% through financial instruments (49,190 shares via CFDs). This represents a total of 979,213 voting rights, up from their previous position of 4.99%.

Caledonia Mining Corporation (NYSE: CMCL) has declared a quarterly dividend of $0.14 per share. The dividend will be paid on June 6, 2025, with ex-dividend dates of May 21, 2025 for VFEX and May 23, 2025 for both AIM and NYSE American listings. The record date is set for May 23, 2025. UK shareholders will receive their payments in Sterling. The company's dividend policy, established in 2014, is part of its strategy to maximize shareholder value, with future dividends to be considered based on investment opportunities and risk management approach.

Caledonia Mining (NYSE: CMCL) reported strong Q1 2025 financial results with significant growth across key metrics. Gold revenue surged 46% to $56.2 million, driven by a 42% increase in average gold price to $2,896/oz and 9.3% higher production of 19,106 ounces. Gross profit nearly doubled to $26.9 million, while net profit attributable to shareholders jumped 493% to $8.9 million. The company's financial position strengthened with improved net cash position of negative $4.6 million, further enhanced by the $22.35 million solar plant sale in April 2025. Operating costs increased with on-mine cost per ounce up 12.9% to $1,202 and AISC rising 33.1% to $1,797. Caledonia reaffirmed its 2025 production guidance for Blanket Mine at 74,000-78,000 ounces and continues to advance its Bilboes project feasibility study while launching a $2.8 million exploration program at Motapa.

Caledonia Mining Corporation (NYSE American, AIM and VFEX: CMCL) held its Annual General Meeting in St Helier, Jersey with 58.27% of shareholders participating either in person or by proxy. All proposed resolutions were successfully passed, including the reappointment of nine directors with strong approval rates ranging from 92.04% to 99.65%. Notable appointments included Mark Learmonth (99.52% approval), John Kelly (97.37%), and Lesley Goldwasser (99.65%). The shareholders also approved the reappointment of BDO South Africa Inc as the company's auditor and authorized directors to approve their remuneration. Additionally, Mr. Wylie, Ms. Wildschutt, Ms. Gadzikwa, and Ms. Goldwasser were reappointed as Audit Committee members.

Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM and VFEX: CMCL) has announced it will release its Q1 2025 operating and financial results on Monday, May 12, 2025. The company will host a remote presentation for analysts and investors at 2:00pm London time on the same day, which will include a Q&A session. A presentation detailing the results and company outlook will be made available on Caledonia's website.

Caledonia Mining (NYSE AMERICAN, AIM and VFEX: CMCL) reports record Q1 2025 gold production at its Blanket Mine. Production reached 18,671 ounces, surpassing both Q1 2024's 17,050 ounces and the previous Q1 record of 18,515 ounces set in 2022.

The mine processed 201,755 tonnes during the quarter, exceeding expectations by 13.4%. Surface stockpile increased significantly to approximately 15,000 tonnes as run-of-mine production surpasses milling capacity. Blanket remains on track to achieve its 2025 gold production guidance of 74,000-78,000 ounces.

Caledonia Mining (NYSE: CMCL) has completed the sale of its Zimbabwean subsidiary, Caledonia Mining Services, to CrossBoundary Energy Holdings for $22.35 million in cash. The subsidiary owns a 12.2MWac solar plant that powers Blanket Mine.

The transaction, finalized on April 11, 2025, follows a bidding process managed by IH Advisory. The solar plant, commissioned in February 2023, has generated over 57,722MWh of power and will continue supplying approximately 20% of Blanket Mine's daily electricity needs through an exclusive power purchase agreement.

The solar plant's construction was initially funded through a $13 million share offering in 2020. Following the sale, Caledonia's pro forma consolidated net cash balance improved to $18.6 million from a net debt of $3.8 million, realizing a profit over the $14.3 million construction cost.

Caledonia Mining (NYSE AMERICAN, AIM, VFEX: CMCL) announces the issuance of 80,230 common shares on April 4, 2025, following the vesting of awards under their 2015 Omnibus Equity Incentive Compensation Plan. CEO John Mark Learmonth will receive 29,817 shares, increasing his holding to 216,848 shares (1.12%).

The company has also approved new long-term incentive plan awards to key executives, with CEO John Mark Learmonth receiving US$491,715.90, COO James Mufara US$233,700.02, CFO Ross Jerrard US$301,630.14 (including RSUs), and Executive Director Victor Gapare US$205,427.81. The awards are primarily in Performance Units (PUs) vesting in April 2028, with performance metrics tied to gold production, mineral resources, and cost reduction at Blanket Mine and Motapa.