Caledonia Mining Corporation Plc · AMEX:CMCL
Caledonia Mining — Investor Presentation (June 2021)
21 slides from Caledonia Mining's investor presentation, June 2021
Slide 1: Corporate Presentation 2021
Corporate Presentation 2021 PROFITABLE GOLD PRODUCTION, FUTURE GROWTH
Slide 2: Disclaimer
Disclaimer This presentation does not constitute, or form part of, any offer to sell or issue or any solicitation of any offer to purchase or subscribe for, any shares in Caledonia Mining Corporation Plc (“Caledonia”), nor shall it (or any part of it) or the fact of its distribution, form the basis
Slide 3: A Strategy Focused on Genuine Returns for our Shareholders
A Strategy Focused on Genuine Returns for our Shareholders Central Shaft: Significant Committed to Attractive new near-term, increase return money opportunities low-risk growth in production to shareholders in Zimbabwe by 2022 NYSE/AIM: CMCL 3
Slide 4: Caledonia Mining: An Overview
AN ESTABLISHED MINE WITH SUBSTANTIAL PLANNED PRODUCTION GROWTH AND COST REDUCTION Caledonia Mining 90,000 80,000 AN OVERVIEW 70,000 60,000 Production (oz) A HIGHLY PROFITABLE CASH GENERATIVE GOLD 50,000 PRODUCER WITH A STRONG GROWTH PROFILE 40,000 30,000 • Established, profitable gold producer expan
Slide 5: Dividend
Dividend COMMITTED TO RETURN MONEY TO SHAREHOLDERS QUARTERLY DIVIDEND PAYMENTS 14 Quarterly dividend of 12 US$0.12 (12c) 10 Annualised yield of 8 US Dollars 6 3.2% 4 Dividend payer since 2 2012 0 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021
Slide 6: Corporate Overview
LISTING AND TRADING Corporate Overview Share price $14.09 (9th June 2021) STRONG, EXPERIENCED MANAGEMENT TEAM AND BOARD OF DIRECTORS Market Cap $171m (9th June 2021) RELATIVE PERFORMANCE VS GDXJ SHAREHOLDERS 52 week low/high (US$) 6.51– 29.39 12M Avg. daily liquidity 1400 4% 70,654 (shares/day) 16%
Slide 7: Environment, Social & Governance
Environment, Social & Governance CALEDONIA IS A SOCIALLY CONSCIOUS & RESPONSIBLE BUSINESS CORPORATE GOVERNANCE & ETHICS HEALTH & SAFETY OUR PEOPLE • We operate on Honesty, Integrity, Respect & • We aim for a zero-harm work environment with • 99% of our employees are Zimbabwean, and our Trust, and ou
Slide 8: COVID-19
COVID-19 Donations to the Chamber of Mines and communities in 2020 to assist Operations during the 3-week lockdown (in early April) ran at with the Covid-19 pandemic 93% of planned production and production in the whole of Q2 was only 1.2% below plan No Effect on COVID-19 restrictions had an adverse
Slide 9: Case Study: Phakama Clinic
Case Study Phakama Clinic The outbreak of COVID-19 precipitated the need for increased support to the community. We have responded with significant investment in healthcare facilities throughout 2020 For the Gwanda Community, Blanket built and equipped two isolation wards, ablution facilities and a
Slide 10: Solar PV Project
Solar PV Project OUR DRIVE TOWARDS A MORE SUSTAINABLE FUTURE The project is APPROVED THE CONSTRUCTION OF A 12MW SOLAR PLANT AT A COST OF expected to reduce APPROXIMATELY $12 MILLION Caledonia’s GHG emissions, improve • Expected to reduce Blanket’s dependence on grid power and improve the quality rel
Slide 11: Central Shaft
Central Shaft NEAR-TERM GROWTH 11
Slide 12: Investing in growth to 80koz/year from 2022
Investing in growth to 80koz/year from 2022 CONSTRUCTING A NEW MINE BELOW THE CURRENT WORKINGS (2015 TO 2022) Central Shaft will 6m diameter, 4-compartment shaft Shaft sinking completed in July 2019; result in a major from surface to 1,200m shaft equipping completed improvement in Commissioning comp
Slide 13: New Central Shaft allows development of sub-750m zones
New Central Shaft allows development of sub-750m zones CONSTRUCTING A NEW MINE BELOW THE CURRENT WORKINGS CENTRAL SHAFT NO. 4 SHAFT JETHRO SHAFT 22 LEVEL (750M) Plan illustrative and not to scale NYSE/AIM: CMCL 13
Slide 14: Zimbabwe
Zimbabwe ATTRACTIVE NEW OPPORTUNITIES 14
Slide 15: The Zimbabwe Opportunity: Connemara North
The Zimbabwe Opportunity CONNEMARA NORTH Acquired an option for the northern section of the property, for a period of 18 months with the right to explore and to subsequently acquire the mining claims The total consideration would be $5.3 million (payable in cash or shares) and a 1% net smelter royal
Slide 16: The Zimbabwe Opportunity: Glen Hume
The Zimbabwe Opportunity GLEN HUME Option agreement with The total consideration Attractive grass roots Exploration drilling has right to explore for up to would be $5 million and exploration project already commenced using 15 months and a 1% net smelter royalty covering approximately contract subse
Slide 17: CSR
CSR A RESPONSIBLE MINER 17
Slide 18: Corporate Social Responsibility
Corporate Social Responsibility CALEDONIA IS A SOCIALLY CONSCIOUS RESPONSIBLE BUSINESS OUR CSR STRATEGY IS DESIGNED TO DELIVER A STRATEGIC, SUSTAINABLE RESPONSE TO SOME COMMUNITY NEEDS. OUR FOCUS AREAS ARE DEFINED UNDER THE FOLLOWING FIVE SUSTAINABILITY PILLARS: Women & Youth Education Health Agricu
Slide 19: Outlook
Outlook A COMPANY IN THE ASCENDANCE 19
Slide 20: Strategy & Outlook
Strategy & Outlook INCREASED FREE CASH FLOW TO GROW DIVIDENDS AND INVEST FOR FURTHER PRODUCTION Significant increase in production Increased cash flows due to higher Continued deep level exploration to from 2022 production, lower unit costs and extend the life of mine beyond 2034 reduced capex from
Slide 21: Contacts
Website: www.caledoniamining.com Twitter: @CaledoniaMining Contacts Share Codes: NYSE American – CMCL / AIM – CMCL Caledonia Mining Investment Research London Financial PR: Blytheweigh Mark Learmonth, CFO WH Ireland: www.whirelandplc.com Tim Blythe Tel: +44 (0) 1534 679800 Cantor Fitzgerald: www.can