Caledonia Mining appoints Leigh Wilson as Jonsson's successor in the chair
Carl Jonsson has retired as chairman of Caledonia Mining (LON:CMCL, TSX:CAL) with immediate effect, to be replaced by Leigh Wilson. Wilson is currently an independent director of the company. Jonsson...
View ArticleCaledonia Mining says output from Blanket gold mine rises 11%
Caledonia Mining Corporation (LON:CMCL) (TSE:CAL) said its 49%-owned Blanket Mine, in Zimbabwe, produced 11,592 ounces of gold in the last quarter. This represented a rise of 10.7% compared with the...
View ArticleCaledonia Mining raises production guidance
Caledonia Mining (LON:CMCL, TSX:CAL) mitigated the effects of the lower gold price in the second quarter by increasing productivity and lowering costs. Productivity at its 49%-owned Blanket mine in...
View ArticleCaledonia Mining non-exec Jonsson retires
Caledonia Mining (LON:CMCL) has told investors that Carl Jonsson, non-executive director and company secretary, has decided to retire with immediate effect. Jonsson has had a long association with the...
View ArticleCaledonia Mining moves quickly to add NED
Following yesterday’s announcement of the retirement of non-executive director Carl Jonsson, Caledonia Mining(LON:CMCL) has beefed up the board with the appointment of Johan Holtzhausen. Holtzhausen,...
View ArticleCaledonia Mining continues to raise production
Mark Learmonth, VP Investor Relations and Corporate Development at Caledonia Mining (LON:CMCL TSX:CAL), tells Proactiveinvestors that it's managed to combat the depressed gold price with a rise in...
View ArticleCaledonia Mining quarterly output rises 4%
Caledonia Mining Corporation (LON:CMCL, TSE:CAL) saw production grow by almost 4% quarter-on-quarter in the three months to September 30. Output from its 49%-owned Blanket Mine in Zimbabwe was 12,042...
View ArticleCaledonia Mining quarterly output rises 4%
Caledonia Mining Corporation (LON:CMCL) (TSE:CAL) saw production grow by almost 4% quarter-on-quarter in the three months to September 30. Output from its 49%-owned Blanket Mine in Zimbabwe was 12,042...
View ArticleCaledonia Mining sees earnings rise as cost-cutting drive accelerates
Caledonia Mining (LON:CMCL) (TSE:CAL) welcomed a rise in quarterly earnings as the total cost of producing gold at its 49%-owned Blanket mine in Zimbabwe dropped below US$1,000 an ounce. The ‘all-in’...
View ArticleCaledonia Mining confirms 20% dividend hike
Caledonia Mining (LON:CMCL) (TSE:CAL) has confirmed a 20% hike in the ordinary dividend for next year and a new quarterly payment policy. The miner, which owns 49% of the Blanket gold mine in Zimbabwe,...
View ArticleCaledonia Mining confirms quarterly dividend of C$0.015
Caledonia Mining (LON:CMCL) (TSE:CAL) has declared a dividend of 1.5 Canadian cents in respect of the first quarter of its financial year. The declaration won't come as a surprise to close followers of...
View ArticleCaledonia Mining looks very underrated, says SP Angel
With a 10% improvement in gold production expected in 2014 and low ratings, Caledonia Mining (LON:CMCL) (TSE:CAL) looks "very underrated," reckons broker SP Angel. It followed a production update from...
View ArticleCaledonia Mining in new marketing arrangement for gold exports
Zimbabwe-based gold miner Caledonia Mining (LON:CMCL TSX:CAL) has a new marketing arrangement for gold produced at the Blanket mine. New rules introduced by the Zimbabwean Ministry of Finance mean all...
View ArticleCaledonia Mining receives payment under new export arrangement
Caledonia Mining’s (LON:CMCL TSX:CAL) 49% owned Blanket Mine has been paid for the first batch of its gold sold to Fidelity, the Zimbabwe state-controlled refinery and marketing company. Caledonia...
View ArticleCaledonia Mining receives payment under new export arrangement
Caledonia Mining’s (LON:CMCL TSX:CAL) 49% owned Blanket Mine has been paid for the first batch of its gold sold to Fidelity, the Zimbabwe state-controlled refinery and marketing company. Caledonia...
View ArticleCaledonia confident of further production increases at Blanket mine
Caledonia Mining (LON:CMCL) (TSE:CAL) continues to expect gold production to increase from its Blanket mine in Zimbabwe in 2014, as it posted what it called a "creditable" set of full year 2013...
View ArticleCaledonia Mining maintains 2014 production target after first quarter numbers
Caledonia Mining (LON:CMCL) (TSE:CAL) maintained its production guidance of 48,000 ounces of gold for 2014 despite producing less of the yellow metal in the first quarter than the fourth of last year....
View ArticleCaledonia Mining aided by lower taxes
Lower tax payments helped Caledonia Mining (LON:CMCL) (TSE:CAL) generate strong cash in the first quarter of the year. The dual-listed miner’s tax expense was C$1.3mln in the first three months of...
View ArticleCaledonia Mining pays out fifth dividend
Zimbabwe-based gold miner Caledonia Mining (LON:CMC) (TSE:CAL) has declared its fifth dividend payment of one and one half Canadian cents (0.8p). In 2014, Caledonia repeated it intends to pay an annual...
View ArticleCaledonia Mining trims production target
Caledonia Mining (LON:CMCL) (TSE:CAL) has trimmed its production target for the current year after grades in the ore mined recently from Blanket in Zimbabwe were lower than anticipated. The company,...
View ArticleCaledonia Mining battles lower grades and gold price
Lower grades and a weaker gold price took a toll on Caledonia Mining’s (TSE:CAL) (LON:CMCL) Blanket Mine in Zimbabwe, despite another sharp reduction in operating costs. All-in sustaining costs fell to...
View ArticleCaledonia Mining lowers production forecast as grades dip
Caledonia Mining (LON:CMCL) (TSE:CAL) has trimmed its forecast for gold production and earnings this year after a dip in grades at its Blanket mine in Zimbabwe, but vowed to maintain its dividend. The...
View ArticleCaledonia Mining boosts cash despite lower earnings
Lower grades, gold prices and tax changes in Zimbabwe cut Caledonia Mining’s (TSE:CAL)(LON:CMCL) third quarter earnings back sharply. The gold miner, which had already flagged production for the three...
View ArticleCaledonia Mining's finance head takes over as chief executive stands down
Caledonia Mining (TSE:CAL) (LON:CMCL) has made a change at the top with Steve Curtis taking over as chief executive from Stefan Hayden, who is stepping down. Curtis, who is currently Caledonia's chief...
View ArticleCaledonia Mining’s Learmonth explains increased investment at Blanket mine
Mark Learmonth, Vice President, Investor Relations and Corporate Development at Caledonia Mining (LON:CMCL, TSE:CAL), explains the thinking behind the increased investment in the Blanket gold mine in...
View ArticleWe’re operators, not explorers - Caledonia Mining’s Learmonth
“We don’t see ourselves as great explorers; we see ourselves as much better operators.” Those are the comments of Caledonia Mining’s (LON:CMCL, TSE:CAL) Vice President, Investor Relations and Corporate...
View ArticleCaledonia Mining makes fifth quarterly dividend payment
Gold miner Caledonia (LON:CMCL) (TSE:CAL) has declared a dividend of one and a half Canadian cents (C$0.015), its fifth quarterly payment. The group’s core asset is the 49% owned Blanket gold mine in...
View ArticleCaledonia Mining's 2014 production beats guidance; targets 42,000 ounces for...
Gold miner Caledonia (LON:CMCL) (TSE:CAL) said output last year beat its production guidance but was lower than in 2013. The firm, which operates the 49% owned Blanket mine in Zimbabwe, said production...
View ArticleCaledonia Mining welcomes new pricing arrangements from Fidelity
Caledonia Mining (LON:CMCL) (TSE:CAL) has welcomed new pricing terms from Fidelity for the Blanket Mine in Zimbabwe, which, the miner says, will improve its cost efficiency on future gold sales. Around...
View ArticleCaledonia Mining happy with Blanket upgrade progress
Caledonia Mining Corporation (TSE:CAL) (LON:CMCL) has made progress on the new development plan for the Blanket mine in Zimbabwe, it said today. A new central shaft will be built that will almost...
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