What Caledonia Mining Corp Plc does.

Caledonia’s primary focus is the operation of a gold mine and the exploration and development of mineral properties for precious metals. Caledonia’s activities are focused on Zimbabwe. Blanket’s business during the last three completed fiscal years has been focused primarily on maintaining consistent production levels, reflecting the underlying stability of the operation.

Total gold production at Blanket Mine for 2025 was 76,213 oz (2024: 76,656 oz). Gold producers compete globally based on their operating and capital costs. Certain gold producers benefit from their ability to produce other minerals in commercial quantities as by-products. Caledonia derives approximately 0.1% of its revenues from silver, which is insignificant. Over the last three years, 100% of Blanket’s revenues was derived from its operations in Zimbabwe.

The underground drilling program at Blanket has targeted the Eroica, Blanket and AR south ore bodies and yielded encouraging results. The total drilling for 2025 was 13,796 meters, and the results indicate that the existing Blanket, Eroica and AR South ore bodies have grades and widths that are generally better than expected. Refer to exhibit 15.2 for the technical report of Blanket.

Revenue and profit, by fiscal year.

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Figures from Caledonia Mining Corp Plc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.