Investors
Key Financials
Caledonia Mining has built a solid track record with rising production; this has delivered solid operating cash flow which has supported significant capital investment in the Blanket mine, increasing production to around 75,000 ounces per annum.
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue ($) | 48,977 | 61,992 | 69,762 | 68,399 | 75,826 | 100M | 121M | 142M | 146M | 183M | 268M |
| Gold Production (oz) | 42,802 | 50,351 | 56,133 | 54,511 | 55,182 | 57,899 | 67,476 | 80,775 | 75,416 | 76,656 | 76,213 |
| Operating Cash Flow ($k) | 6,869 | 23,011 | 24,512 | 17,667 | 18,060 | 30,362 | 30,903 | 40,616 | 14,769 | 41,955 | 76,233 |
| Cash ($k) | 10,880 | 14,335 | 12,756 | 11,187 | 9,383 | 19,092 | 17.2 | 1.5 | 11,032 | 8,668 | 23,840 |
| Adjusted EPS (USc/share) | 44.5 | 98.6 | 135.4 | 131.5 | 145 | 204 | 226 | 220 | 10.3 | 125.2 | 345.7 |
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Tonnes Milled | 547,207 | 560, 913 | 556,331 | 597,962 | 665,628 | 752,033 | 770,440 | 797,479 | 826,839 |
| Average Grade (g/t) | 3.41 | 3.26 | 3.31 | 3.21 | 3.36 | 3.56 | 3.25 | 3.2 | 3.07 |
| Average Recovery (%) | 93.4 | 92.9 | 93.4 | 93.8 | 93.9 | 93.8 | 93.8 | 93.6 | 93.4 |
| Gold Produced (oz) | 56,133 | 54,511 | 55,182 | 57,899 | 67,476 | 80,775 | 75,416 | 76,656 | 76,213 |
| On Mine Costs ($/oz) | 633 | 690 | 651 | 744 | 742 | 735 | 1,047 | 1,073 | 1,263 |
| All in Sustaining Costs ($/oz) | 847 | 802 | 820 | 946 | 856 | 878 | 1,499 | 1,506 | 1,952 |
| All in cost per ounce ($/oz) | 1,162 | 1,128 | 1,191 | 1,418 | 1,427 | 1,588 | 1,782 | 1,730 | 2,167 |