Caledonia Mining Corporation Plc · AMEX:CMCL

Caledonia Mining — Investor Presentation (November 2024)

21 slides from Caledonia Mining's investor presentation, November 2024

  1. Slide 1: Established Gold Producer with Pathway to Multi-Asset Production

    Established Gold Producer with Pathway to Multi-Asset Production Corporate presentation 2024

  2. Slide 2: Disclaimer and forward-looking statements

    Disclaimer and forward-looking statements This presentation has been prepared solely for information and does purport to contain all of the information that may be necessary of desirable to fully and accurately evaluate Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) or its business

  3. Slide 3: Established Zimbabwe Gold Producer with Clear Multi-Asset Development Strategy

    Established Zimbabwe Gold Producer with Clear Multi-Asset Development Strategy Blanket New asset Committed to Major Zimbabwean Gold Mine: acquisitions returning value to employer and Central Shaft lay foundations shareholders social and economic increased for multi asset contributor strategy and Qua

  4. Slide 4: Our Portfolio

    Our Portfolio PRODUCTION DEVELOPMENT PROJECT PRE-DEVELOPMENT EARLY-STAGE EXPLORATION BLANKET MINE BILBOES MALIGREEN MOTAPA • Increased production • Purchased in January • Purchased in • Purchased in through Central Shaft 2023 for $65.7m in November 2021 November 2022 shares plus 1% NSR • 2024 guidan

  5. Slide 5: Step to becoming a multi asset gold producer

    Step to becoming a multi asset gold producer Strategy to support growth 2015 2021 2022 2023 One producing asset Central shaft commissioned Agreed terms for Acquired Bilboes Bilboes gold project Blanket Mine – Gold production acquisition Re-started exploration production of 42.8koz increased to 67.5k

  6. Slide 6: Blanket Mine

    Blanket Mine Central Shaft increases production

  7. Slide 7: Central Shaft

    Central Shaft Increased production capacity, flexibility and exploration access Constructed a Funded from 6m diameter, internal cash flow 4-compartment shaft from surface to 1,200m 2024 production Resumed exploration guidance of 74-78koz upgraded and increased at an on-mine cost of mineral resources

  8. Slide 8: Central Shaft extends mine-life with scope for further deep level exploration

    Central Shaft extends mine-life with scope for further deep level exploration NYSE/AIM/ VFEX: CMCL 8

  9. Slide 9: Blanket Mine Exploration

    Blanket Mine Exploration • 13,279 metres drilled in 2023 • Drilling targeted Blanket and Eroica ore bodies which resulted in better than expected grades and widths • The objective was to upgrade inferred mineral resources and extend the life of mine Results of Blanket’s updated mineral resources and

  10. Slide 10: Development and Exploration Projects

    Development and Exploration Projects

  11. Slide 11: Bilboes

    Bilboes 1.5 million ounces of gold over 10 years PEA Highlights* 100% owned, fully permitted gold project Large scale, high grade, open pit NI 43-101 M&I mineral resource of 2.47Moz at 2.30 g/t and an Inferred mineral resource of 560koz at 1.99g/t* *PEA Highlights calculated at a gold price of $1,88

  12. Slide 12: Motapa

    Motapa Exploration property in historically producing mining area Contiguous to Bilboes, allows prospect of gold processing synergy Has a mining lease covering approximately 2,200 hectares Initial drilling programme commenced in Q2 2024 and returned encouraging results in oxide and sulphide zones. D

  13. Slide 13: Maligreen

    Maligreen Purchased the The total cash Contains a NI Contains a 43-101 mining claims over consideration 43-101 M&I Inferred mineral the project situated of $4 million mineral resource resource of 420koz in the Gweru of 442koz at at 2.12g/t mining district 1.71g/t NYSE/AIM/ VFEX: CMCL 13

  14. Slide 14: Environment, Social and Governance

    Environment, Social and Governance 100% local employment • Caledonia aims to maintain and develop sustainable business practices and align them with its corporate strategy CSR investment $1.5m • Caledonia has upgraded its sustainability reporting so Total payments to Government $19.2m that it is ali

  15. Slide 15: Outlook

    Outlook A business in the ascent

  16. Slide 16: Caledonia's Vision

    Caledonia’s Vision A compelling value proposition Continue ~75koz target Complete Feasibility p.a from Blanket Mine Study at Bilboes and start to progress new assets Invest in the Strategy of becoming Company's growth a multi-asset gold for best long-term producer in Zimbabwe returns to shareholders

  17. Slide 17: Contacts

    Contacts WEBSITE: www.caledoniamining.com TWITTER: @CaledoniaMining NORTH AMERICA IR: 3PPB LLC Patrick Chidley Paul Durham SHARE CODES: NYSE American / AIM / VFEX – CMCL Tel: +1 917 991 7701 Tel: +1 203 940 2538 AIM BROKER/NOMAD: CAVENDISH CAPITAL MARKETS Adrian Hadden | Tel: +44 207 220 1751 INVEST

  18. Slide 18: Appendix

    Appendix A responsible miner

  19. Slide 19: Corporate Overview

    Corporate Overview LISTING AND TRADING Share price (USD) 14.98 3.23% (12 November 2024) 3.79% 12.56% Market Cap (USD) 258m (12 November 2024) 4.17% 52 week low/high (USD) 8.91– 13.55 5.02% Avg volume (shares) (12 November 2024) 4.81% 10.02% NYSE 84,301 AIM 4,143 Toziyana Resources Limited CAPITAL ST

  20. Slide 20: Board of Directors

    Board of Directors Mark Learmonth, Chief John Lawson Kelly, Chairman Victor Gapare, Johan Andries Executive Officer and Member of Nomination and Executive Director Holtzhausen, Director Director Corporate Governance, Member of Strategic Member of Audit, Member of Strategic Planning, Compensation, St

  21. Slide 21: Management

    Management Mark Learmonth, Victor Gapare, Chester James Mufara, Maurice Mason, Chief Executive Executive Elton Gwatidzo, Goodburn, Chief Chief Operating Vice President Officer and Director General Manager Financial Officer Officer Corporate Director of Blanket Mine Development Camilla Horsfall, Adam

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