Caledonia Mining (CMCL) revenue breakdown

Basic Materials · Gold · Market cap $449M

By segment, Blanket is the largest at 91% of fiscal 2025 revenue, growing 37% a year over 2 years.

Revenue by segment

Fiscal years, as Caledonia Mining reports them in its 10-K filings; fiscal 2025 total $288M.

Segments20182019202320242025Share
Blanket——$141M$179M$262M 91%
South African operations——$18M$19M$20M 7%
Bilboes——$6M$4M$5M 2%
Zimbabwean operations$68M$76M——— —
South African operations$13M$16M——— —
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Questions

Where does Caledonia Mining make its money?

In fiscal 2025, by segment: Blanket $262M, South African operations $20M, Bilboes $5M.

From Caledonia Mining's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.