Caledonia Mining Corporation plc

Investors

Investment case

Established gold producer with pathway to multi-asset production

Blanket Mine: Solid foundation for growth
  • ~75koz per annum production at Blanket provides consistent cash flow
  • Updated mineral reserves estimates indicates a life of mine to 2034, with the potential to extend past 2040
Transformation to multi-asset producer underway
  • Growth focus with pathway to +200koz pa by 2028
  • Bilboes’ PEA indicates approximately 1.52Moz of gold produced over a 10-year life of mine
  • Attractive exploration potential at Motapa, adjacent to Bilboes

Track record of shareholder returns

  • Consecutive quarterly dividend payments since 2012 with over $60million distributed to shareholders
  • Sector leading dividend yield
A partner of choice for Zimbabwe
  • Focus on safety in the pursuit of zero harm
  • Proven track record of operating reliably and profitably in Zimbabwe
  • Strong management team with excellent in-country relations
  • Over $50 million in taxes paid over the last 10 years