Caledonia Mining Corporation Plc will use a Capital Markets Day in New York on Wednesday to update investors on its Zimbabwe growth strategy, with the development and funding of the Bilboes gold project expected to feature prominently, Mining Zimbabwe can report.
By Rudairo Mapuranga
The company will host the investor event on September 16, bringing together investors and other stakeholders for presentations on its operating performance, growth plans and outlook for its Zimbabwe-focused mining portfolio.
The programme will include an update on production performance and operational efficiencies at the Blanket Gold Mine in Matabeleland South, alongside a detailed review of the strategic development and funding strategy for Bilboes.
Caledonia currently owns a 64% interest in Blanket, while also holding 100% interests in the Bilboes Sulphide Project, Motapa and Maligreen gold mining claims in Zimbabwe. The company has identified progressing Bilboes and maintaining production at Blanket as key components of its strategy to become a multi-asset gold producer in Zimbabwe.
Bilboes is expected to be a major focus of the company’s growth plans. Caledonia published a feasibility study for the project in November 2025 and has subsequently been advancing a funding plan aimed at moving the development forward while maintaining capital discipline.
The Capital Markets Day will also cover Caledonia’s medium- to long-term growth pipeline, including exploration and expansion opportunities, as well as capital allocation priorities and the company’s financial outlook.
The event will have a Zimbabwean government dimension, with Zimbabwe’s Permanent Representative to the United Nations, Ambassador Taonga Mushayavanhu, scheduled to make a special presentation. The programme is also expected to provide investors with perspectives on Zimbabwe’s broader mining environment and investment climate.
The event will be held at the Sofitel New York, 45 West 44th Street, with presentations starting at 9:30am New York time, 2:30pm London time and 3:30pm Harare time. Investors and other participants can attend either in person or online.
For Caledonia, the event comes as the company positions itself for the next phase of growth beyond its established Blanket operation, with Bilboes at the centre of its ambition to build a larger, multi-asset Zimbabwean gold business.
