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 operates as a gold mining, exploration and development company with shares quoted on NYSE American, AIM and VFEX under CMCL. Company news centers on gold production and operating updates from the Blanket Mine, financial results shaped by realized gold prices, production volumes and mine costs, and sales that include output from the Bilboes oxide operation.
Recurring announcements also cover progress toward developing the Bilboes project, updates on exploration and growth projects, dividend communications, annual meeting results, board succession matters, auditor reappointments and significant-shareholder notifications under AIM disclosure rules.
Caledonia Mining (NYSE AMERICAN/AIM/VFEX: CMCL) announced a proposed private placement of $100 million aggregate principal amount of Convertible Senior Notes due 2033, with an initial purchaser option for an additional $20 million. The notes will be general senior unsecured obligations, pay interest semi-annually and be convertible into cash, common shares or a combination, with final interest rate and conversion terms set at pricing. Net proceeds are expected to fund capped call transactions and provide flexibility for developing the Bilboes gold project in Zimbabwe and for general corporate and working capital needs. The offering is to qualified institutional buyers and is subject to market and other conditions.
Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announced on January 14, 2026 that Chief Operating Officer James Mufara has left the company.
The company said operations continue to be managed by the existing executive and operating team, that operations and strategy remain unchanged, and that it does not currently intend to appoint another Chief Operating Officer.
Contact details for investor and media enquiries were provided.
Caledonia Mining (NYSE AMERICAN/AIM/VFEX: CMCL) reported FY 2025 Blanket production of 76,213 oz, meeting guidance of 75,500–79,500 oz. Q4 2025 output was 17,367 oz (Q4 2024: 19,841 oz), with second-half 2025 affected by lower tonnages from higher-grade areas and end‑quarter electricity interruptions.
For FY 2026 the company guides Blanket production of 72,000–76,500 oz, on‑mine cash cost of US$1,500–1,700/oz, AISC of US$2,100–2,300/oz, and total Group capex of US$162.5m including US$132m for the Bilboes development (subject to board approval and funding). Sustaining capex may rise ~US$11m for long‑term power solutions.
Caledonia Mining (NYSE AMERICAN/AIM/VFEX: CMCL) said Zimbabwe has passed the Finance Act, 2025, enacting the 2026 National Budget and confirming prior company disclosures of Dec 1 and Dec 19, 2025.
The enacted provisions state a 10% royalty will apply only if the gold price exceeds US$5,000/oz, and other proposed tax and royalty changes highlighted on Dec 1, 2025 have been withdrawn. Caledonia confirms no amendments are required to the Bilboes Gold Project Technical Report Summary published on Nov 25, 2025 as a result of the Budget changes.
Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL) announced on December 23, 2025 that it received notification the previous day that Toziyana Resources Limited purchased 7,457 common shares at US$26.83 per share on December 22, 2025 on NYSE American LLC.
The notification states that Mr Victor Gapare, an executive director and settlor of the discretionary trust owning those shares, now holds an interest representing 12.66% of the company’s issued share capital.
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).