Caledonia Mining Corporation plc

A profitable cash generative gold producer with a strong growth profile

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Focused on becoming a multi-asset gold producer in Zimbabwe

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A solid track record with rising production, cash flow and growth

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Established gold producer with pathway to multi-asset production

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ZIMBABWE OPERATIONS

Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) is a Zimbabwean focused exploration, development and mining corporation. Caledonia owns a 64% stake in the gold-producing Blanket Mine (“Blanket”), 100% stakes in the Bilboes Sulphide Project and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe.

After increasing the production at Blanket to 80,000oz in 2022 our main focus areas are to maintain production at around 75-80,000oz at Blanket, complete the Bilboes feasibility study and become a multi-asset gold producer in Zimbabwe.

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ESG REPORT 2023

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Caledonia Mining Corporation plc

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