
Caledonia Mining Corporation Plc

Yield
Caledonia’s 10-year+ performance since 1 January, 2016 is +1175%
(Total return including dividends)
Growth
Organic growth opportunities within Blanket; Bilboes development and
active exploration at Motapa.
Value
Yield funds growth; growth compounds value. Significant opportunity to re-rate.
The Cavendish View
Caledonia (Buy) is an established gold miner in Zimbabwe with a long history of clockwork-like dividends and compelling medium-term production growth at the transformational Bilboes project. This is an opportunity to obtain an update regarding the development and funding of Bilboes, and to hear about low-hanging opportunities at Blanket mine and the Motapa project.
YUEN LOW
Director, Research
Focused on becoming a multi-asset gold producer in Zimbabwe
Caledonia is a Zimbabwe focused gold mining company.
Attending from Caledonia Mining Corporation Plc

Ross Jerrard
Chief Financial Officer
Company descriptions are drawn from information published by each company and have not been independently verified by Cavendish. They are for information only, are not investment research, advice or a recommendation, and do not constitute an offer or invitation to buy or sell any security. Information is correct as at 10th September 2026 and will not be updated. Investors should refer to each company's own published announcements and accounts. Cavendish acts as adviser or broker to certain of the companies featured.