Caledonia Mining Corp Plc is a mineral exploration company that produces gold. It acquires and develops mineral properties for precious metals. The company operates the Blanket gold mine in Zimbabwe and has a presence in the UK, Zimbabwe, and South Africa.

Caledonia Mining (CMCL)

Caledonia Mining Corporation Plc

Caledonia Mining Corporation Plc primarily engages in the operation of a gold mine. It also explores for and develops mineral properties for precious metals. The company holds 64% interest in the Blanket Mine, a gold mine located in Matabeleland South Province, Zimbabwe. It also has an agreement to purchase 100% ownership in the Maligreen project, a brownfield gold exploration project located in Gweru mining district in the Zimbabwe Midlands. The company was formerly known as Caledonia Mining Corporation and changed its name to Caledonia Mining Corporation Plc in March 2016. Caledonia Mining Corporation Plc was incorporated in 1992 and is headquartered in Saint Helier, Jersey.

Caledonia Mining is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe. By 2022 the Company plans to increase its annual production to 80,000 ounces.Caledonia is committed to evaluating investment opportunities with a vision is to become a multi asset gold producer.

COM:CALEDONIAMINING

Caledonia Mining Corporation Plc

Last Close

11.05

22/11 21:00

Market Cap

198.67M

Beta: -

Volume Today

85.69K

Avg: -

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