Liberum appointed as Joint Corporate Broker to Caledonia Mining Corporation Plc

Caledonia Mining Corporation Plc is a profitable, cash generative, dividend paying gold producer with a strong growth profile. Caledonia’s primary asset is a 64% ownership in and operation of the Blanket Gold Mine in Zimbabwe.  Following the successful completion of the sinking of the Central Shaft, Caledonia is completing further underground development work focussed on achieving production of 80koz of gold per year from 2022 onwards.

Caledonia is committed to evaluating investment opportunities in Zimbabwe and has entered into an option agreement to acquire the mining claims over Maligreen. Their vision is to become a mid-tier, multi-asset gold producer.

Liberum has been appointed as Joint Corporate Broker alongside Caledonia’s existing Nominated Adviser and Broker, WH Ireland.

Liberum Team

Investment Banking – Scott Mathieson, Kane Collings, Lucas Bamber

Research – Yuen Low

Sales – Simon Fickling

CIR – Nicole Barbour