Caledonia Q3 2026 slides: production dips but Bilboes funding secured

Caledonia Mining (NYSE:CMCL) reported Q3 2026 earnings with production down 11% YoY to 17,030 ounces due to operational issues, but secured $150M financing for its Bilboes project. Revenue rose 10% to $78.93M, while EBITDA fell 16% to $28.1M. Shares dropped 2.28% to $19.55. Management expects improvements in Q4 and maintains full-year guidance of 69,000-72,500 ounces.

Caledonia Mining Corp Plc (CMCL) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM and VFEX: CMCL) ABRIDGED AND UNAUDITED QUARTERLY RESULTS AND DETAILS OF MANAGEMENT CONFERENCE CALL for the third quarter and nine months ended September 30, 2026 (the “Quarter” or “Q3 2026” and “Nine Months” respec

Caledonia Mining secured a $150m interim financing facility from eight Zimbabwean banks to fund the Bilboes Gold Project. The 36-month facility includes a $50m revolving credit and a $100m term loan, with interest rates tied to SOFR. The company aims to start construction in 2027 and produce first gold by October 2028. This financing is part of Caledonia's broader funding strategy for the project.

Caledonia Mining CEO Mark Learmonth announced a $150M interim financing facility for its Bilboes gold project in Zimbabwe, supporting procurement and early site activity. The facility is part of the company's four-pillar funding strategy, with three elements now in place. Learmonth expects long-term financing to finalize in 3-4 months, with contractors already starting preliminary work.

Caledonia Mining Corporation secured a US$150m financing facility from Zimbabwean banks for its Bilboes gold project. The deal includes a US$50m revolving credit and a US$100m term facility, with options to increase. Initial groundwork has begun, with construction planned for 2027 and first production targeted for October 2028. The company is listed on NYSE American, AIM, and Victoria Falls Stock Exchange.

Caledonia Mining (CMCL) secured $150M in interim financing from eight lenders, including Stanbic Bank Zimbabwe and CBZ Bank, for its Bilboes gold project. The deal includes a $50M revolving credit line and a $100M term facility, with options to increase the latter. The company is also negotiating long-term funding and aims for first gold in October 2028.