Caledonia Mining Corporation (DI) (CMCL)

Sector:

Mining

Index:

FTSE AIM All-Share

845.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 1,095.00
  • 52 Week Low: 720.00
  • Currency: UK Pounds
  • Shares Issued: 19.19m
  • Volume: 1,274
  • Market Cap: £162.20m
  • RiskGrade: 174

Caledonia Mining appoints new operations chief

By Josh White

Date: Monday 08 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Caledonia Mining announced the appointment of James Mufara as its chief operating officer on Monday, effective 1 May.
The AIM-traded firm said Mufara would bring a wealth of experience to the group, having previously served at Harmony Gold Mining as regional general manager.

In that role, he oversaw a portfolio of operations comprising five mines and 15,000 staff, extracting 450,000 ounces of gold annually.

"I am delighted James will soon be starting his new role at Caledonia," said chief executive officer Mark Learmonth.

"He will be joining us at a pivotal moment in Caledonia's development and I know the team will benefit from his wealth of experience.

"I very much look forward to working with him."

With over 25 years of experience in the mining sector in Southern Africa, including 13 years in leadership positions, Caledonia said Mufara's expertise would be invaluable.

It said his career had primarily been in gold mining, with additional exposure to nickel, copper, and chrome mining.

Notably, he has extensive experience in both deep-level underground mining and open-pit operations, aligning well with Caledonia's existing underground operation at the Blanket mine and its development projects at Bilboes and Motapa, which were slated to be open-pit operations.

Mufara holds a Bachelor of Science degree in mining engineering, and an MBA.

"I am excited that I will be joining Caledonia and look forward to working with the talented team to drive operational performance across the group's high-quality portfolio," said James Mufara.

At 1253 BST, shares in Caledonia Mining were up 2.66% at 867.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CMCL Market Data

Currency UK Pounds
Share Price 845.00p
Change Today -5.00p
% Change -0.59 %
52 Week High 1,095.00
52 Week Low 720.00
Volume 1,274
Shares Issued 19.19m
Market Cap £162.20m
RiskGrade 174

CMCL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.20% above the market average21.20% above the market average21.20% above the market average21.20% above the market average21.20% above the market average
82.09% above the sector average82.09% above the sector average82.09% above the sector average82.09% above the sector average82.09% above the sector average
Price Trend
10.91% above the market average10.91% above the market average10.91% above the market average10.91% above the market average10.91% above the market average
5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average
Income
33.58% above the market average33.58% above the market average33.58% above the market average33.58% above the market average33.58% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Growth
19.48% above the market average19.48% above the market average19.48% above the market average19.48% above the market average19.48% above the market average
93.44% below the sector average93.44% below the sector average93.44% below the sector average93.44% below the sector average93.44% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CMCL Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 11-Apr-24 11-Jan-24
Paid 26-Apr-24 26-Jan-24
Amount 14.00¢ 14.00¢

Trades for 28-May-2024

Time Volume / Share Price
09:54 8 @ 838.00p
09:39 100 @ 820.00p
08:12 1,166 @ 822.00p

CMCL Key Personnel

Chair John Lawson Kelly
CEO John Mark Learmonth

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