Company DescriptionCaledonia Mining Corp. Plc engages in the mining, exploration, and development of mines. It operates through the following geographic segments: Zimbabwe, and South Africa. The Zimbabwe segment comprises Caledonia Holdings Zimbabwe Limited and subsidiaries. The South Africa segment comprise a gold mine, that is on care and maintenance, as well as sales made by Caledonia Mining South Africa Proprietary Limited to the Blanket Mine. The company was founded on February 5, 1992 and is headquartered in St. Helier, Jersey.
How the Company Makes MoneyCaledonia Mining Corporation Plc generates revenue primarily through the extraction and sale of gold from its flagship operation, the Blanket Gold Mine. The company earns money by producing gold, which is then sold to refiners and financial institutions. The revenue model is heavily reliant on gold prices in the global market, making it sensitive to fluctuations in commodity prices. Key revenue streams include the sale of gold bars and dore, a semi-pure alloy of gold. Additionally, Caledonia benefits from its ownership structure, which includes significant local ownership to comply with Zimbabwean regulations, potentially enhancing its operational stability and access to local resources. Strategic initiatives include expanding its mining operations and increasing production through investments in technology and infrastructure upgrades, which can lead to increased output and revenue.