Caledonia Mining Corporation Plc · AMEX:CMCL
Caledonia Mining — Investor Presentation (September 2024)
22 slides from Caledonia Mining's investor presentation, September 2024
Slide 1: Established Gold Producer with Pathway to Multi-Asset Production
Established Gold Producer with Pathway to Multi-Asset Production Corporate presentation 2024
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
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
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
Slide 5: Evolving Caledonia Mining
Evolving Caledonia Mining Strategy to support growth 2015 2021 2022 2023 One producing asset Central shaft Agreed terms for Acquired Bilboes commissioned Bilboes gold project Blanket Mine – acquisition Re-started exploration production of 42.8koz Gold production at Blanket Mine increased to 67.5koz
Slide 6: Blanket Mine
Blanket Mine Central Shaft increases production
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
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
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
Slide 10: Blanket Solar Plant
Blanket Solar Plant Our drive towards a more sustainable future CALEDONIA COMPLETED THE CONSTRUCTION OF ITS 100% OWNED 12.2 MWAC SOLAR PLANT Operational since November 2022 Provides ~20% of Blanket’s total daily electricity demand Reduces dependence on grid power Improves quality and reliability of
Slide 11: Development and Exploration Projects
Development and Exploration Projects
Slide 12: 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
Slide 13: Motapa
Motapa Exploration property in historically producing mining area Contiguous to Bilboes, allows prospect of gold processing synergy Area was formerly owned, operated and explored by Anglo American Zimbabwe Has a mining lease covering approximately 2,200 hectares Acquisition cost of $8.25m Initial dr
Slide 14: 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 14
Slide 15: Environment, Social and Governance
Environment, Social and Governance 2023 Highlights • Caledonia aims to maintain and develop sustainable business practices and align them with its corporate 100% local employment strategy CSR investment $1.5m • Caledonia has upgraded its sustainability reporting so that it is aligned with the standa
Slide 16: Outlook
Outlook A business in the ascent
Slide 17: 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
Slide 18: 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
Slide 19: Appendix
Appendix A responsible miner
Slide 20: Corporate Overview
Corporate Overview LISTING AND TRADING Share price (USD) 13.47 3.23% (27 August 2024) 3.79% 12.56% Market Cap (USD) 259m (27 August 2024) 4.17% 52 week low/high (USD) 8.91– 13.55 5.02% Avg volume (shares) (27 August 2024) 4.81% 10.02% NYSE 89,255 AIM 2,208 Toziyana Resources Limited CAPITAL STRUCTUR
Slide 21: 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 Corporate Governance, Member of Strategic Member of Audit, Director Compensation, Strategic Planning, Technical Co
Slide 22: 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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