Victoria Falls Stock Exchange-listed gold producer Caledonia Mining Corporation Plc says escalating geopolitical tensions in the Middle East, including the Iran conflict, have had no impact on its operations, highlighting the group’s resilience and limited exposure to the region.
In its financial results for the year ended December 31, 2025, the mining firm said production, supply chains and revenue flows remain stable despite global uncertainties.
“Recent geopolitical developments in the Middle East have had no impact on Caledonia’s operations to date,” the company said.
Caledonia noted that its exposure to fuel-related disruptions remains minimal, with diesel accounting for less than three percent of total operating costs. The company has also secured more than one million litres of diesel, providing a buffer against potential supply shocks.
Related Stories
The miner added that its reliance on diesel has significantly declined over the years, dropping from eight percent of total power consumption in 2020 to just two percent in 2025. This shift has been supported by increased investment in renewable energy, with solar power now contributing around 20 percent of its energy needs.
In terms of exports, Caledonia said its gold sales channels remain unaffected by developments in the Middle East, as bullion is routed through South Africa rather than the region.
The company’s operational stability comes alongside strong financial performance, with revenue rising 46 percent to US$267.7 million, while profit after tax reached US$67.5 million, driven by firm gold prices and consistent production levels.
Caledonia said the combination of solid earnings and stable operations places the group in a strong position to continue executing its growth strategy in Zimbabwe, even as global geopolitical risks persist.
Leave Comments