Caledonia Mining is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe which is on track to hit its increased 2020 gold production guidance of between 55,000 – 58,000 ounces. By 2022 the Company plans to increase its annual production by 45%, up to 80,000 ounces. The Company pays a quarterly dividend, which has been increased three times this year and is investing in the company’s future growth by evaluating new investments opportunities in Zimbabwe.
Caledonia has a strong, experienced management team and board of directors with diverse expertise in gold production, exploration, mine development, finance and marketing. The group’s management team is based in Johannesburg, South Africa, London, United Kingdom and Jersey, Channel Islands.