Caledonia Mining is a profitable, cash generative gold producer operating in Zimbabwe with a strong growth profile and a vision to become a multi-asset producer. The group’s primary operating asset is the Blanket Mine, where Caledonia has successfully doubled production capacity to 75,000+oz, extending the mine life with the sinking of the Central Shaft. Caledonia also operates the Bilboes gold development project and holds the Motapa and Maligreen exploration projects in Zimbabwe.
$50M sweet spot round size
$50M
from 1 investors over 1 rounds
Caledonia Mining (CMCL) raised $50M on January 17, 2025
Investors: Cantor Fitzgerald