Caledonia Mining (CMCL) 6-K/A 30 Sep 24 2024 Q2 Current report (foreign) (amended) Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information [Line Items]
Entity Central Index Key	0000766011
Entity Registrant Name	CALEDONIA MINING CORPORATION PLC
Amendment Flag	true
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Document Type	6-K/A
Document Period End Date	Jun. 30, 2024
Entity File Number	001-38164
Amendment Description	Caledonia Mining Corporation Plc (“the “Company”) furnished a Form 6-K on August 12, 2024 (“Original Form 6-K”). This Amendment No. 1 on Form 6-K/A (the “Amendment”) is being furnished to:

Consolidated Statements of Prof

Consolidated Statements of Profit or Loss and Other Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Revenue	$ 50,107	$ 37,031	$ 88,635	$ 66,466
Royalty	(2,475)	(1,963)	(4,409)	(3,443)
Production costs	(20,460)	(20,726)	(39,420)	(40,576)
Depreciation	(4,239)	(3,409)	(8,058)	(5,664)
Gross profit	22,933	10,933	36,748	16,783
Net foreign exchange loss	(2,014)	(3,610)	(6,153)	(2,077)
Administrative expenses	(3,664)	(3,183)	(6,275)	(9,122)
Net derivative financial instrument expense	(174)	(54)	(476)	(488)
Equity-settled share-based expense	(305)	(221)	(506)	(331)
Cash-settled share-based expense	(4)	9	(57)	(271)
Other expenses	(664)	(1,461)	(1,264)	(2,099)
Other income	185	168	349	186
Operating profit	16,293	2,581	22,366	2,581
Finance income	3	4	9	9
Finance cost	(797)	(1,061)	(1,529)	(1,833)
Profit before tax	15,499	1,524	20,846	757
Tax expense	(5,151)	(1,273)	(7,681)	(4,775)
Profit (loss) for the period	10,348	251	13,165	(4,018)
Other comprehensive income
Exchange differences on translation of foreign operations	178	(330)	34	(699)
Total comprehensive income for the period	10,526	(79)	13,199	(4,717)
Profit (loss) attributable to:
Owners of the Company	8,429	(513)	10,560	(5,542)
Non-controlling interests	1,919	764	2,605	1,524
Profit (loss) for the period	10,348	251	13,165	(4,018)
Total comprehensive income attributable to:
Owners of the Company	8,607	(843)	10,594	(6,241)
Non-controlling interests	1,919	764	2,605	1,524
Total comprehensive income for the period	$ 10,526	$ (79)	$ 13,199	$ (4,717)
Earnings (loss) per share
Basic earnings (loss) per share ($) (in dollars per share)	$ 0.43	$ (0.01)	$ 0.53	$ (0.31)
Diluted earnings (loss) per share ($) (in dollars per share)	$ 0.43	$ (0.01)	$ 0.53	$ (0.31)

Consolidated Statements of Fina

Consolidated Statements of Financial Position (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Exploration and evaluation assets	$ 94,536	$ 94,272
Property, plant and equipment	181,027	179,649
Deferred tax asset	180	153
Total non-current assets	275,743	274,074
Income tax receivable	274	1,120
Inventories	20,401	20,304
Derivative financial assets	20	88
Trade and other receivables	7,882	9,952
Prepayments	5,287	2,538
Cash and cash equivalents	15,412	6,708
Assets held for sale	13,484	13,519
Total current assets	62,760	54,229
Total assets	338,503	328,303
Equity and liabilities
Share capital	165,188	165,068
Reserves	138,445	137,819
Retained loss	(57,985)	(63,172)
Equity attributable to shareholders	245,648	239,715
Non-controlling interests	26,326	24,477
Total equity	271,974	264,192
Liabilities
Deferred tax liabilities	5,381	6,131
Provisions	9,416	10,985
Loans and borrowings	2,033	0
Loan notes - long term portion	8,238	6,447
Cash-settled share-based payment - long term portion	190	374
Lease liabilities - long term portion	22	41
Total non-current liabilities	25,280	23,978
Cash-settled share-based payment - short term portion	454	920
Income tax payable	4,152	10
Lease liabilities - short term portion	114	167
Loan notes - short term portion	855	665
Trade and other payables	18,803	20,503
Overdraft and term loans	16,778	17,740
Liabilities associated with assets held for sale	93	128
Total current liabilities	41,249	40,133
Total liabilities	66,529	64,111
Total equity and liabilities	$ 338,503	$ 328,303

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands		Issued capital [member]	Reserve of exchange differences on translation [member]	Capital reserve [member]	Reserve of share-based payments [member]	Retained earnings [member]	Equity attributable to owners of parent [member]	Non-controlling interests [member]	Total
Balance at Dec. 31, 2022		$ 83,471	$ (9,787)	$ 132,591	$ 14,997	$ (50,222)	$ 171,050	$ 22,409	$ 193,459
Statement Line Items [Line Items]
Dividends declared		0	0	0	0	(6,066)	(6,066)	(1,512)	(7,578)
- Shares issued on settlement of incentive plan awards		351	0	0	0	0	351	0	351
- Equity-settled share-based expense		0	0	0	331	0	331	0	331
- Equity raise (net of transaction cost)		15,658	0	0	0	0	15,658	0	15,658
- Bilboes acquisition		65,677	0	0	0	0	65,677	0	65,677
(Loss) profit for the period		0	0	0	0	(5,542)	(5,542)	1,524	(4,018)
Other comprehensive income for the period		0	(699)	0	0	0	(699)	0	(699)
Balance at Jun. 30, 2023		165,157	(10,486)	132,591	15,328	(61,830)	240,760	22,421	263,181
Balance at Dec. 31, 2022		83,471	(9,787)	132,591	14,997	(50,222)	171,050	22,409	193,459
Balance at Dec. 31, 2023		165,068	(10,409)	132,591	15,637	(63,172)	239,715	24,477	264,192
Statement Line Items [Line Items]
Dividends declared	[1]	0	0	0	0	(5,373)	(5,373)	(756)	(6,129)
- Shares issued on settlement of incentive plan awards		83	0	0	0	0	83	0	83
- Equity-settled share-based expense		0	0	0	592	0	592	0	592
- Equity raise (net of transaction cost)									0
(Loss) profit for the period		0	0	0	0	10,560	10,560	2,605	13,165
Other comprehensive income for the period		0	34	0	0	0	34	0	34
Balance at Jun. 30, 2024		165,188	(10,375)	132,591	16,229	(57,985)	245,648	26,326	271,974
Statement Line Items [Line Items]
Shares issued - options exercised		$ 37	$ 0	$ 0	$ 0	$ 0	$ 37	$ 0	$ 37
[1]Dividends of $2.7 million declared on January 2, 2024 were paid on January 26, 2024. Dividends of $2.7 million declared on March 27, 2024 were paid on April 26, 2024. Dividends to NCI declared and accrued for during the period amounted to $756. $259 of the NCI dividends declared during 2023 was paid during the period.

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Equity (Unaudited) (Parentheticals) - USD ($) $ in Thousands			6 Months Ended
	Mar. 27, 2024	Jan. 26, 2024	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Dividends declared, NCI			$ 756	$ 259
Dividends paid	$ 2,700	$ 2,700

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Cash inflow from operations	$ 20,988	$ 2	$ 27,523	$ 666
Interest received	3	4	9	9
Finance costs paid	(710)	(1,231)	(1,283)	(1,431)
Tax paid	(1,195)	(1,001)	(2,276)	(2,346)
Net cash inflow (outflow) from operating activities	19,086	(2,226)	23,973	(3,102)
Cash flows used in investing activities
Acquisition of property, plant and equipment	(6,897)	(6,009)	(10,638)	(10,602)
Acquisition of exploration and evaluation assets	(733)	(139)	(1,163)	(283)
Acquisition of put options	(168)	(811)	(408)	(811)
Net cash used in investing activities	(7,798)	(6,959)	(12,209)	(11,696)
Cash flows from financing activities
Dividends paid	(2,912)	(2,893)	(5,632)	(5,317)
Payment of lease liabilities	(38)	(35)	(75)	(72)
- Equity raise (net of transaction cost)	0	4,834	0	15,658
Proceeds from loans and borrowings	2,032	0	2,032	0
Amounts received	1,939	2,500	1,939	7,000
Net cash from (used in) financing activities	1,021	3,118	(1,736)	10,582
Net increase (decrease) in cash and cash equivalents	12,309	(6,067)	10,028	(4,216)
Effect of exchange rate fluctuations on cash and cash equivalents	485	(30)	(362)	(187)
Net cash and cash equivalents at the beginning of the period	(14,160)	3,190	(11,032)	1,496
Net cash and cash equivalents at the end of the period	(1,366)	(2,907)	(1,366)	(2,907)
Motapa [member]
Cash flows from financing activities
Loan notes - Motapa payment	$ 0	$ (1,288)	$ 0	$ (6,687)

Note 1 - Reporting Entity

Note 1 - Reporting Entity	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of general information about financial statements [text block]	1 Reporting entity Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) is a company domiciled in Jersey, Channel Islands. The Company’s registered office address is B006 These unaudited condensed consolidated interim financial statements as at and for the six June 30, 2024 Caledonia’s shares are listed on the NYSE American LLC stock exchange (symbol – “CMCL”). Depository interests in Caledonia’s shares are admitted to trading on AIM of the London Stock Exchange plc (symbol – “CMCL”). Caledonia listed on the Victoria Falls Stock Exchange (“VFEX”) (symbol – “CMCL”) on December 2, 2021. June 19, 2020. 2%

Note 2 - Basis of Preparation

Note 2 - Basis of Preparation	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of basis of preparation of financial statements [text block]	2 Basis of preparation (a) Statement of compliance These unaudited condensed consolidated interim financial statements have been prepared in accordance with IAS 34 not December 31, 2023. (b) Basis of measurement These unaudited condensed consolidated interim financial statements have been prepared on the historical cost basis except for: • cash-settled share-based payment arrangements measured at fair value on grant and re-measurement dates; • equity-settled share-based payment arrangements measured at fair value on the grant date; and • derivative financial assets measured at fair value. (c) Functional currency These unaudited condensed consolidated interim financial statements are presented in United States Dollar (“$” or “US Dollars” or “USD”), which is also the functional currency of the Company. All financial information presented in US Dollars has been rounded to the nearest thousand, unless indicated otherwise.

Note 3 - Use of Accounting Assu

Note 3 - Use of Accounting Assumptions, Estimates and Judgements	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of accounting judgements and estimates [text block]	3 Use of accounting assumptions, estimates and judgements In preparing these unaudited condensed consolidated interim financial statements, management has made accounting assumptions, estimates and judgements that affect the application of the Group’s accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may December 31, 2023.

Note 4 - Material Accounting Po

Note 4 - Material Accounting Policies	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of summary of significant accounting policies [text block]	4 Material accounting policies The same accounting policies and methods of computation have been applied consistently to all periods presented in these unaudited condensed consolidated interim financial statements as compared to the Group’s annual consolidated financial statements for the year ended December 31, 2023.

Note 5 - Blanket Zimbabwe Indig

Note 5 - Blanket Zimbabwe Indigenisation Transaction	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of the Blanket Zimbabwe indigenisation transaction [text block]	5 Blanket Zimbabwe Indigenisation Transaction On February 20, 2012 51% • sold a 16% interest to the National Indigenisation and Economic Empowerment Fund (“NIEEF”) for $11.74 million; • sold a 15% interest to Fremiro Investments (Private) Limited (“Fremiro”), which is owned by indigenous Zimbabweans, for $11.01 million; • sold a 10% interest to Blanket Employee Trust Services (Private) Limited (“BETS”) for the benefit of present and future managers and employees for $7.34 million. The shares in BETS are held by the Blanket Mine Employee Trust (“Employee Trust”) with Blanket Mine’s employees holding participation units in the Employee Trust; and • donated a 10% ownership interest to the Gwanda Community Share Ownership Trust (“Community Trust”). In addition, Blanket Mine paid a non-refundable donation of $1 million to the Community Trust. The Group facilitated the vendor funding of these transactions which is repaid by way of dividends from Blanket Mine. 80% of dividends declared by Blanket Mine are used to repay such loans and the remaining 20% unconditionally accrues to the respective indigenous shareholders. Following a modification to the interest rate on June 23, 2017, Accounting treatment The directors of Caledonia Holdings Zimbabwe (Private) Limited (“CHZ”), a wholly-owned subsidiary of the Company, performed an assessment using the requirements of IFRS 10: 10 The subscription agreements, concluded on February 20, 2012, • Non-controlling interests (“NCI”) were recognised on the portion of shareholding upon which dividends declared by Blanket Mine will accrue unconditionally to equity holders as follows: (a) 20% of the 16% shareholding of NIEEF; (b) 20% of the 15% shareholding of Fremiro; and (c) 100% of the 10% shareholding of the Community Trust. • This effectively means that NCI was initially recognised at 16.2% of the net assets of Blanket Mine, until the completion of the transaction with Fremiro, whereby the NCI reduced to 13.2% (see below). • The remaining 80% of the shareholding of NIEEF and Fremiro was recognised as NCI to the extent that their attributable share of the net asset value of Blanket Mine exceeds the balance on the facilitation loans, including interest. • The transaction with BETS is accounted for in accordance with IAS 19 Employee Benefits not 10% • BETS is an entity effectively controlled and consolidated by Blanket Mine. Accordingly, the shares held by BETS are effectively treated as treasury shares in Blanket Mine and no Fremiro purchase agreement On November 5, 2018 January 20, 2020 15% Blanket Mine s indigenisation shareholding percentages and facilitation loan balances Shareholding Effective interest & NCI recognised NCI subject to facilitation loan Balance of facilitation loan # USD June 30, 2024 December 31, 2023 NIEEF 16 % 3.2 % 12.8 % 8,096 8,489 Community Trust 10 % 10.0 % 0.0 % – – BETS ~ 10 % -* -* 4,594 4,908 36 % 13.2 % 12.8 % 12,690 13,397 * The shares held by BETS are effectively treated as treasury shares (see above). ~ IAS19 Employee Benefits. # not The balance on the facilitation loans is reconciled as follows: 2024 2023 Balance at January 1 13,397 15,026 Interest incurred 237 259 Dividends used to repay loan (944 ) (1,888 ) Balance at June 30 12,690 13,397

Note 6 - Production Costs

Note 6 - Production Costs	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of cost of sales [text block]	6 Production costs 2024 2023 Blanket Mine 37,839 33,046 Salaries and wages 14,953 12,459 Consumable materials 12,381 11,544 Electricity costs 7,014 5,812 Safety 548 554 Share-based expense (note 9) 145 386 On mine administration 1,971 1,472 Security 570 523 Solar operations and maintenance services 173 198 Pre-feasibility exploration costs 84 98 Bilboes 1,581 7,530 Salaries and wages 569 1,774 Consumable materials 374 4,742 Electricity costs 185 425 Share-based expense (note 9) 7 – On mine administration 446 589 39,420 40,576

Note 7 - Net Foreign Exchange (

Note 7 - Net Foreign Exchange (Loss) Gain	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of effect of changes in foreign exchange rates [text block]	7 Net foreign exchange (loss) gain The RTGS$ devalued from RTGS$ 6,104: USD1 December 31, 2023 22,055: USD1 March 31, 2024 30.674:USD1 April 5, 2024. April 5, 2024. According to the 2024 April 5, 2024, ZiG13.56:US$1 April 5, 2024. ZiG1: 2,499. The ZiG has been much more stable on the formal market to the US Dollar since its introduction, compared to the RTGS$. The ZiG closed at an official ZiG13.70:US$1 June 30, 2024. The table below illustrates the effect the weakening of the ZiG, RTGS$ and other foreign currencies had on the consolidated statement of profit or loss. 2024 2023 ZiG RTGS$ Other Total ZiG RTGS$ Other Total Unrealised foreign exchange (losses) gains (27 ) 728 (62 ) 639 – 3,221 762 3,983 Taxation foreign exchange gains (including VAT) 145 1,021 – 1,166 – 3,379 – 3,379 Other unrealised foreign exchange (losses) gains (172 ) (293 ) (62 ) (527 ) – (158 ) 762 604 Realised foreign exchange (losses) gains (73 ) (6,706 ) (13 ) (6,792 ) – (6,091 ) 31 (6,060 ) Bullion sales receivable foreign exchange gains (losses) 51 (1,824 ) – (1,773 ) – (2,360 ) – (2,360 ) Cash and cash equivalents foreign exchange losses (81 ) (1,731 ) (13 ) (1,825 ) – (874 ) (23 ) (897 ) Taxation foreign exchange losses (including VAT) (23 ) (1,984 ) – (2,007 ) – (1,242 ) – (1,242 ) Trade and other payables foreign exchange (losses) gains (20 ) (1,167 ) – (1,187 ) – (1,615 ) 54 (1,561 ) Net foreign exchange (losses) gains (100 ) (5,978 ) (75 ) (6,153 ) – (2,870 ) 793 (2,077 ) Sensitivity analysis A strengthening or weakening of the ZiG to the US Dollar exchange rate will affect the cash flows, profit or loss and financial position (in USD) as indicated below, assuming all other variables remain constant for the period to June 30, 2024 ZiG weakening by 10% ZiG strengthening by 10% Consolidated statement of financial position: Cash and cash equivalents 2,874 3,513 Bullion sales receivable 1,421 1,736 VAT receivables 1,436 1,755 Trade and other receivables 1,822 2,227 Trade and other payables (87 ) (106 ) Income tax payable (1,083 ) (1,324 ) Consolidated statement of profit or loss and other comprehensive income: Foreign exchange (losses) gains (638 ) 975

Note 8 - Administrative Expense

Note 8 - Administrative Expenses	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of general and administrative expense [text block]	8 Administrative expenses 2024 2023 Investor relations 237 322 Audit fee 134 139 Advisory services fees 782 3,823 Listing fees 321 592 Directors fees – Company 346 301 Directors fees – Blanket 34 30 Employee costs 3,350 2,815 Other office administration cost 100 247 Information technology and communication cost– Group related 128 84 Director and management liability insurance 461 414 Travel costs 382 355 6,275 9,122

Note 9 - Share-based Payments

Note 9 - Share-based Payments	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of share-based payment arrangements [text block]	9 Share-based payments 9.1 Cash-settled share-based payments (a) Restricted Share Units and Performance Units Certain management and employees within the Group are granted Restricted Share Units (“RSUs”) and Performance Units (”PUs”) pursuant to provisions of the 2015 RSUs vest three PUs have a performance condition, determined on their grant date, based on gold production, average normalised controllable cost per ounce of gold, resource development at Blanket Mine, financing and construction of Bilboes sulphide project and a performance period of one three RSU holders are entitled to receive dividends over the vesting period. Such dividends will be reinvested in additional RSUs at the then applicable share price. PUs have rights to dividends only after they have vested. RSUs and PUs allow for settlement of the vesting date value in cash or, subject to conditions, shares issuable at fair market value or a combination of both at the discretion of the unitholder. The fair value of the RSUs at the reporting date was based on the Black Scholes option valuation model less the fair value of the expected dividends during the vesting period multiplied by the performance multiplier expectation. The fair value of the PUs at the reporting date was based on the Black Scholes option valuation model. At the reporting date it was assumed that there is an 80% 100% 2023: The liability as at June 30, 2024 December 31, 2023: June 30, 2024 2023: 6. The cash-settled share-based expense for PUs for the period amounted to $57 ( 2023: 2023: The following assumptions were used in estimating the fair value of the cash-settled share-based payment liability on: June 30, 2024 December 31, 2023 PUs PUs Risk free rate 4.36 % 3.88 % Fair value (USD) 9.72 12.20 Share price (USD) 9.72 12.20 Performance multiplier percentage 80-100 % 93-100 % Volatility 0.83 0.90 Share units granted: PUs PUs Grant - January 11, 2021 35,341 56,244 Grant - May 14, 2021 482 964 Grant - June 1, 2021 375 1,310 Grant - June 14, 2021 199 398 Grant - September 6, 2021 229 458 Grant - September 20, 2021 230 460 Grant - October 1, 2021 508 1,016 Grant - October 11, 2021 225 450 Grant - November 12, 2021 923 1,846 Grant - December 1, 2021 225 900 Grant - January 11, 2022 41,386 75,198 Grant - January 12, 2022 556 825 Grant - May 13, 2022 1,894 2,040 Grant - June 1, 2022 – 1,297 Grant - July 1, 2022 1,899 2,375 Grant - October 1, 2022 1,800 2,024 Grant - April 7, 2023 73,464 79,521 Grant - May 15, 2023 – 581 Grant - June 1, 2023 617 617 Grant - June 7, 2023 572 572 Grant - August 10, 2023 5,514 5,514 Grant - September 1, 2023 1,617 1,617 Grant - October 3, 2023 14,258 14,258 Grant - April 8, 2024 169,141 – Grant - June 10, 2024 1,406 – Grant - June 17, 2024 1,155 – Settlements/ terminations (95,571 ) (68,171 ) Total awards outstanding 258,445 182,314 9.2 Equity-settled share-based payments (a) EPUs PUs which are classified as equity-settled (i.e. there is no three EPUs have rights to dividends only after they have vested. The shares issued are subject to a minimum holding period of until at least the first The fair value of the EPUs at the reporting date was based on the Black Scholes option valuation model less the fair value of the expected dividends during the vesting period multiplied by the performance percentage. At the reporting date it was assumed that there is a 100% probability that the performance conditions will be met and therefore a 100% performance multiplier was used in calculating the expense. The equity-settled share-based expense for EPUs as at June 30, 2024 2023: 2023: $Nil 6. The following assumptions were used in estimating the fair value of the equity-settled share-based payment that are in issue on: Grant date January 24, 2022 April 7, 2023 April 8, 2024 May 13, 2024 Number of units - remaining at reporting date 113,693 80,773 125,433 14,771 Share price (USD) - grant date 11.50 16.91 10.91 10.29 Fair value (USD) - grant date 10.15 15.33 9.53 10.02 Performance multiplier percentage at grant date 100 % 100 % 100 % 100 % (b) Equity Restricted Share Units RSUs which are classified as equity-settled (i.e. there is no ERSU holders are entitled to receive dividends over the vesting period. Such dividends will be reinvested in additional ERSUs at the then applicable share price. The fair value of the RSUs at the reporting date was based on the Black Scholes option valuation model less the fair value of the expected dividends during the vesting period multiplied by the performance multiplier expectation. The following assumptions were used in estimating the fair value of the equity-settled share-based payment that are in issue on: Grant date May 13, 2024 Vesting date September 30, 2024 Number of units - remaining at reporting date 26,404 Share price (USD) - grant date 10.29 Fair value (USD) - grant date 10.02 Performance multiplier percentage at grant date 100 % The equity-settled share-based expense for ERSUs as at June 30, 2024 2023: $Nil

Note 10 - Other Expenses

Note 10 - Other Expenses	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of other operating expense [text block]	10 Other expenses 2024 2023 Intermediated Money Transaction Tax * 528 666 Community and social responsibility cost 736 582 Impairment of property, plant and equipment (note 13) – 851 1,264 2,099 * Intermediated Money Transfer Tax ("IMTT”) is tax chargeable in Zimbabwe on transfer of physical money, electronically or by any other means and ranges from 1% 2%

Note 11 - Finance Income and Fi

Note 11 - Finance Income and Finance Cost	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of finance income (cost) [text block]	11 Finance income and finance cost 2024 2023 Finance income received - Bank 9 9 Unwinding of rehabilitation provision (note 20) 198 36 Finance cost - Leases 5 11 Finance cost - Overdraft and short term loans 864 977 Finance cost - Solar loan notes payable (note 21.1) 395 197 Finance cost - Motapa loan notes payable – 612 Finance cost – Loans and borrowings 67 – 1,529 1,833

Note 12 - Exploration and Evalu

Note 12 - Exploration and Evaluation Assets	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of exploration and evaluation assets [text block]	12 Exploration and evaluation assets Bilboes Gold Motapa Maligreen GG Sabiwa Abercorn Valentine Total Balance at January 1, 2023 – 7,844 5,626 3,723 294 27 65 17,579 Acquisition costs: - Bilboes Gold 73,198 – – – – – – 73,198 Decommissioning asset estimation adjustment – 1,466 152 – – – – 1,618 Exploration costs: - Consumables and drilling – 903 102 – – – – 1,005 - Contractor – 2 – – – – – 2 - Labour – 377 111 – – – – 488 - Power – – 7 – – – – 7 - Other 375 – – – – – – 375 Balance at December 31, 2023 73,573 10,592 5,998 3,723 294 27 65 94,272 Decommissioning asset estimation adjustment * – (899 ) – – – – – (899 ) Exploration costs: - Consumables and drilling – 558 2 – – – – 560 - Contractor – – 5 – – – – 5 - Labour – 285 – 51 – – – 336 - Power – 2 2 – – – – 4 - Other 191 67 – – – – – 258 Balance at June 30, 2024 73,764 10,605 6,007 3,774 294 27 65 94,536 * After further review of the Motapa claims the old tailings storage facility, previously included in the rehabilitation liability, was not

Note 13 - Property, Plant and E

Note 13 - Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of property, plant and equipment [text block]	13 Property, plant and equipment Cost Land and Buildings Right of use assets Mine development, infrastructure and other Assets under construction and decommissioning assets Plant and equipment Furniture and fittings Motor vehicles Solar Plant & Total Balance at January 1, 2023 15,194 525 82,154 46,453 70,485 1,563 3,314 14,138 233,826 Additions* – – – 28,276 538 335 294 163 29,606 Impairments – – (872 ) – (36 ) – – – (908 ) Disposals – – – – (33 ) – – – (33 ) Reallocate to assets held for sale – – – – – – – (14,301 ) (14,301 ) Reallocations between asset classes 1,492 – 37,116 (39,099 ) 491 – – – – Foreign exchange movement – (24 ) – (2 ) – (37 ) (3 ) – (66 ) Balance at December 31, 2023 16,686 501 118,398 35,628 71,445 1,861 3,605 – 248,124 Additions* – – 128 8,841 429 38 – – 9,436 Reallocations between asset classes – – 13,409 (12,412 ) (997 ) – – – – Foreign exchange movement – 1 – – – 2 – – 3 Balance at June 30, 2024 16,686 502 131,935 32,057 70,877 1,901 3,605 – 257,563 * Included in additions is the change in estimate for the decommissioning asset of ($868) ( 2023: 2041. & The solar plant was fully commissioned on February 2, 2023 February 2, 2023 September 28, 2023 In December 2022, 21.1 Accumulated depreciation and Impairment losses Land and Buildings Right of use assets Mine development, infrastructure and other Assets under construction and decommissioning assets Plant and equipment Furniture and fittings Motor vehicles Solar Plant Total Balance at January 1, 2023 8,350 230 12,368 693 29,257 1,100 2,845 – 54,843 Depreciation for the year 1,012 124 5,459 93 6,573 185 258 782 14,486 Accumulated depreciation for assets reallocated to assets held for sale – – – – – – – (782 ) (782 ) Accumulated depreciation impairments – – (21 ) – (10 ) – – – (31 ) Foreign exchange movement – (9 ) – – – (30 ) (2 ) – (41 ) Balance at December 31, 2023 9,362 345 17,806 786 35,820 1,255 3,101 – 68,475 Depreciation for the period 557 62 3,488 46 3,701 87 117 – 8,058 Foreign exchange movement – 1 – – – 2 – – 3 Balance at June 30, 2024 9,919 408 21,294 832 39,521 1,344 3,218 – 76,536 Carrying amounts At December 31, 2023 7,324 156 100,592 34,842 35,625 606 504 – 179,649 At June 30, 2024 6,767 94 110,641 31,225 31,356 557 387 – 181,027

Note 14 - Inventories

Note 14 - Inventories	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of inventories [text block]	14 Inventories December 31, 2024 2023 Consumable stores * 19,437 18,001 Gold in progress 964 2,303 20,401 20,304 * Included in consumables stores is an amount of ($1,793) ( December 31, 2023: ( not Gold work in progress balance as at June 30, 2024 December 31, 2023:

Note 15 - Trade and Other Recei

Note 15 - Trade and Other Receivables	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of trade and other receivables [text block]	15 Trade and other receivables December 31, 2024 2023 Bullion sales receivable 3,844 5,403 VAT receivables 3,612 4,259 Deposits for stores, equipment and other receivables 426 290 7,882 9,952 The carrying value of trade and other receivables are considered a reasonable approximation of fair value are due to the short term nature of the receivables. No none no

Note 16 - Prepayments

Note 16 - Prepayments	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of prepayments and other assets [text block]	16 Prepayments December 31, 2024 2023 Caledonia Mining South Africa (Proprietary) Limited (“CMSA”) suppliers 681 527 Blanket Mine third party suppliers - USD 1,482 808 Blanket Mine third party suppliers - ZiG 2,947 – Blanket Mine third party suppliers - RTGS$ – 938 Other prepayments 177 265 5,287 2,538

Note 17 - Cash and Cash Equival

Note 17 - Cash and Cash Equivalents	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of cash and cash equivalents [text block]	17 Cash and cash equivalents December 31, 2024 2023 Bank balances 15,412 4,252 Restricted cash – 2,456 Cash and cash equivalents 15,412 6,708 Bank overdrafts and short term loans used for cash management purposes (16,778 ) (17,740 ) Net cash and cash equivalents (1,366 ) (11,032 ) Loan initiated Expiry Repayment term Principal value Balance drawn at June 30, 2024 Undrawn amount at June 30, 2024 Overdraft facilities and term loans Stanbic Bank - ZiG denomination Sep-2023 Sep-2024 On demand ZiG 6.5 million ZiG Nil ZiG 6.5 million Stanbic Bank - USD denomination Sep-2023 Sep-2024 On demand $4 million $3.4 million $0.6 million CABS Bank – USD denomination & Aug-2023 Jul-2024 On demand $2 million $1.9 million $0.1 million CABS Bank– USD denomination * Mar-2024 Mar-2027 On demand $3 million $3 million $Nil million Ecobank - USD denomination Mar-2024 Feb-2025 On demand $4 million $4 million $Nil million Nedbank Zimbabwe - USD denomination Apr-2024 Apr-2025 On demand $7 million $4.5 million $2.5 million Total USD $20 million $16.8 million $3.2 million * Included in Loans and borrowing is a term loan from CABS that is repayable over three & $2 million CABS Bank USD denominated loan expiring in July 2024

Note 18 - Assets and Liabilitie

Note 18 - Assets and Liabilities Associated With Assets Held for Sale	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of non-current assets or disposal groups classified as held for sale [text block]	18 Assets and liabilities associated with assets held for sale December 31, 2024 2023 Non-current assets held for sale Solar plant 13,484 13,519 Liabilities associated with assets held for sale Site restoration liability 93 128 In the second 2023 On September 28, 2023 September 28, 2023 Management determined the value of the carrying amount as the lower of the fair value less cost to sell and the carrying amount. The proceeds of the disposal are expected to substantially exceed the carrying amount of the related net assets and accordingly no impairment losses have been recognised on the classification of the solar plant. The asset was classified as property, plant and equipment before the reclassification to assets held for sale. The change in estimate for the liability held for sale is due to the Blanket Mine’s LoM that was extended to 2041

Note 19 - Share Capital

Note 19 - Share Capital	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of share capital, reserves and other equity interest [text block]	19 Share capital Authorised Unlimited number of ordinary shares of no par value. Unlimited number of preference shares of no par value. Issued ordinary shares Number of fully paid shares Amount January 1, 2023 12,833,126 83,471 Shares issued: - share-based payment - employees (note 9.1(a)) 24,389 351 - equity raise 1,207,514 15,569 - Bilboes Gold Limited acquisition 5,123,044 65,677 December 31, 2023 19,188,073 165,068 Shares issued: - share-based payment - employees (note 9.1(a)) 6,787 83 - options exercised* 5,000 37 June 30, 2024 19,199,860 165,188 * A consultant of Caledonia signed his option exercise notice on June 14, 2024 July 5, 2024

Note 20 - Provisions

Note 20 - Provisions	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of provisions [text block]	20 Provisions Site restoration Site restoration relates to the estimated cost of closing down the mines and projects and represent the site and environmental restoration costs, estimated to be paid as a result of mining activities or previous mining activities. For the Blanket Mine site restoration costs are capitalised in property, plant and equipment with an increase in the provision at the net present value of the estimated future and inflated cost of site rehabilitation. Subsequently the capitalised cost is amortised over the life of the mine and the provision is unwound over the period to estimated restoration. For properties in the exploration and evaluation phase, such as the Bilboes, Maligreen and Motapa projects, site restoration costs are capitalised in exploration and evaluation assets with an increase in the provision at the undiscounted value of the estimated cost of site rehabilitation. Subsequently the costs capitalised are not not Reconciliation of site restoration provision June 30, 2024 December 31, 2023 Blanket Mine Balance January 1 4,766 2,823 Unwinding of discount (note 11) 198 109 Change in estimate (Blanket) (note 13)* (868 ) 1,834 Balance 4,096 4,766 Motapa, Maligreen and Bilboes Balance January 1 6,219 135 Change in estimate (Motapa) (note 12) (899 ) 1,466 Change in estimate (Maligreen) (note 12) – 152 Acquisition - Bilboes – 4,466 Balance 5,320 6,219 Total balance 9,416 10,985 Current – – Non-current 9,416 10,985 9,416 10,985 * The change in estimate is due to the Blanket Mine’s LoM that was extended to 2041 After further review of the Motapa claims the old tailings storage facility, previously included in the rehabilitation liability, is not The discount rate in calculating the present value of the Blanket Mine provision is 4.61% ( 2023: 2023: 2023: June 30, 2024. The undiscounted gross rehabilitation costs for exploration and evaluation assets as at June 30, 2024, 2023: 2023: 2023:

Note 21 - Loan Notes

Note 21 - Loan Notes	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of borrowings [text block]	21 Loan notes Loan notes - finance costs 2024 2023 Solar loan notes 21.1 395 197 Motapa loan notes – 612 395 809 Loan notes - financial liabilities December 31, 2024 2023 Solar loan notes 21.1 9,093 7,112 9,093 7,112 Current 855 665 Non-current 8,238 6,447 9,093 7,112 21.1 Solar loan notes Following the commissioning of Caledonia’s wholly owned solar plant on February 2, 2023, A summary of the bonds is as follows: December 31, 2024 2023 Balance January 1 7,112 – Amounts received 2,000 7,000 Transaction costs (61 ) (105 ) Finance cost accrued 395 549 Finance cost paid (353 ) (332 ) Balance 9,093 7,112 Current 855 665 Non-current 8,238 6,447 9,093 7,112

Note 22 - Trade and Other Payab

Note 22 - Trade and Other Payables	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of trade and other payables [text block]	22 Trade and other payables December 31, 2024 2023 Trade payables 4,222 6,166 Electricity accrual 3,771 2,676 Audit fee 232 395 Dividends due 1,608 1,048 Other payables 1,021 692 Financial liabilities 10,854 10,977 Production and management bonus accrual - Blanket Mine 785 214 Other employee benefits - other 1,613 2,229 Other employee benefits - settlements – 1,588 Leave pay 3,498 2,655 Bonus provision 70 190 Accruals 1,983 2,650 Non-financial liabilities 7,949 9,526 Total 18,803 20,503

Note 23 - Cash Flow Information

Note 23 - Cash Flow Information	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of cash flow statement [text block]	23 Cash flow information Non-cash items and information presented separately on the statements of cash flows statement: 2024 2023 Operating profit 22,366 2,581 Adjustments for: Impairment of property, plant and equipment (note 13) – 851 Unrealised foreign exchange gains (note 7) (639 ) (3,983 ) Fair value loss on derivative instruments 476 488 Cash-settled share-based expense (note 9.1) 57 271 Share-based expense included in production costs (note 6) 152 386 Cash portion of cash-settled share-based expense (690 ) (1,673 ) Equity-settled share-based expense (note 9.2) 506 331 Depreciation (note 13) 8,058 5,664 Cash generated from operations before working capital changes 30,286 4,916 Inventories (83 ) (1,005 ) Prepayments (2,037 ) (148 ) Trade and other receivables 1,972 894 Trade and other payables (2,615 ) (3,991 ) Cash generated from operations 27,523 666

Note 24 - Operating Segments

Note 24 - Operating Segments	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of entity's operating segments [text block]	24 Operating Segments The Group's operating segments have been identified based on geographic areas. The strategic business units are managed separately because they require different technology and marketing strategies. For each of the strategic business units, the Group’s CEO reviews internal management reports on at least a quarterly basis. Blanket Mine, Bilboes oxide mine, exploration and evaluation assets (“E&E projects”) and South Africa describe the Group's reportable segments. The Blanket operating segment comprises Caledonia Holdings Zimbabwe (Private) Limited, Blanket Mine ( 1983 not Information about reportable segments For the six months ended June 30, 2024 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Revenue 86,937 – 1,698 – – – 88,635 Inter-segmental revenue – 8,149 – – (8,149 ) – – Royalty (4,324 ) – (85 ) – – – (4,409 ) Production costs (38,161 ) (7,338 ) (1,581 ) – 7,660 – (39,420 ) Depreciation (8,472 ) (67 ) – – 502 (21 ) (8,058 ) Net foreign exchange (loss) gain (6,022 ) 16 (58 ) – (20 ) (69 ) (6,153 ) Administrative expenses (475 ) (1,455 ) (21 ) (4 ) 3 (4,323 ) (6,275 ) Net derivative financial instrument expense – – – – – (476 ) (476 ) Equity-settled share-based expense – – – – – (506 ) (506 ) Cash-settled share-based expense – – – – – (57 ) (57 ) Other expenses (1,245 ) – (19 ) – – – (1,264 ) Other income 147 1 1 – (3 ) 203 349 Management fee (1,457 ) 1,457 – – – – – Finance income – 310 – – (1,348 ) 1,047 9 Finance cost (1,830 ) (4 ) (96 ) (47 ) 1,348 (900 ) (1,529 ) Profit (loss) before tax 25,098 1,069 (161 ) (51 ) (7 ) (5,102 ) 20,846 Tax expense (7,218 ) (337 ) (5 ) – 39 (160 ) (7,681 ) Profit (loss) after tax 17,880 732 (166 ) (51 ) 32 (5,262 ) 13,165 As at June 30, 2024 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Segment assets: Non-Current (excluding intercompany) 189,863 630 – 92,890 (5,188 ) (2,452 ) 275,743 Current (excluding intercompany, including Assets held for sale) 59,866 2,432 – 683 (1,697 ) 1,476 62,760 Expenditure on evaluation and exploration assets (note 12) – – – 1,163 – – 1,163 Expenditure on property, plant and equipment (note 13) 9,857 (26 ) – – (397 ) 2 9,436 Assets held for sale (note 18) 13,484 – – – – – 13,484 Intercompany balances 45,237 17,806 48 – (115,866 ) 52,775 – Segment liabilities: Current (excluding intercompany) (35,200 ) (2,413 ) – (1,970 ) – (1,666 ) (41,249 ) Non-current (excluding intercompany) (20,078 ) – – (5,033 ) 43 (212 ) (25,280 ) Intercompany balances (16,040 ) (35,837 ) – (7,333 ) 115,866 (56,656 ) – For the six months ended June 30, 2023 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Revenue 64,152 – 2,314 – – – 66,466 Inter-segmental revenue – 5,832 – – (5,832 ) – – Royalty (3,327 ) – (116 ) – – – (3,443 ) Production costs (32,567 ) (5,674 ) (7,534 ) – 5,199 – (40,576 ) Depreciation (6,199 ) (71 ) (21 ) – 648 (21 ) (5,664 ) Net foreign exchange (loss) gain (2,716 ) (138 ) (100 ) – (5 ) 882 (2,077 ) Administrative expenses (83 ) (1,578 ) (2,059 ) – 6 (5,408 ) (9,122 ) Net derivative financial instrument expense – – – – – (488 ) (488 ) Equity-settled share-based expense – – – – – (331 ) (331 ) Cash-settled share-based expense – – – – 386 (657 ) (271 ) Other expenses (1,240 ) – (859 ) – – – (2,099 ) Other income 43 13 121 – – 9 186 Management fee (1,629 ) 1,629 – – – – – Finance income – 9 – – – – 9 Finance cost (1,724 ) 212 (1 ) – – (320 ) (1,833 ) Profit (loss) before tax 14,710 234 (8,255 ) – 402 (6,334 ) 757 Tax expense (4,207 ) (125 ) (44 ) – (99 ) (300 ) (4,775 ) Profit (loss) after tax 10,503 109 (8,299 ) – 303 (6,634 ) (4,018 ) As at June 30, 2023 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Segment assets: Non-Current (excluding intercompany) 192,373 325 – 83,307 (6,822 ) 103 269,286 Current (excluding intercompany) 31,031 3,570 – 798 (30 ) 9,236 44,605 Expenditure on evaluation and exploration assets (note 12) – – – 69,837 – – 69,837 Expenditure on property, plant and equipment (note 13) 22,077 (369 ) 872 – (2,023 ) (11,438 ) 9,119 Intercompany balances 43,473 14,351 – – (141,193 ) 83,369 – Segment liabilities: Current (excluding intercompany) (30,290 ) (1,793 ) – (55 ) – (4,793 ) (36,931 ) Non-current (excluding intercompany) (12,692 ) (43 ) – (774 ) (17 ) (253 ) (13,779 ) Intercompany balances (23,322 ) (34,542 ) – (6,812 ) 141,193 (76,517 ) – Major customer Revenues received from Fidelity amounted to $24,749 ( 2023: six June 30, 2024. The Group has made $63,886 ( 2023: June 30, 2024, 2023: may The Bullion trade receivables outstanding have been paid in full, after the period end.

Note 25 - Supplemental Disclosu

Note 25 - Supplemental Disclosure of Cash Flow Items	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of supplemental disclosure of cash flow statement explanatory [text block]	25 Supplemental disclosure of cash flow items Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Finance cost (note 11) 797 1,061 1,529 1,833 Net loan note movements included in Loan notes (note 21) (85 ) 145 (43 ) (355 ) Non cash - Unwinding of rehabilitation provision (note 20) - 30 (198 ) (36 ) Non cash - Finance cost on leases (2 ) (5 ) (5 ) (11 ) Finance cost paid 710 1,231 1,283 1,431 Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Tax paid Opening balance of net income tax payable 22 2,128 (1,110 ) 1,284 Current tax expense 4,935 1,682 7,544 3,915 Acquisition of Bilboes Gold tax liability (note 5) - - - 10 Foreign currency movement 116 (401 ) (280 ) (455 ) Closing balance of net income tax payable (3,878 ) (2,408 ) (3,878 ) (2,408 ) Tax paid 1,195 1,001 2,276 2,346 Acquisition of property, plant and equipment Additions (note 13) 5,838 6,008 9,436 9,119 Net property, plant and equipment included in prepayments 656 (77 ) 662 1,218 Net property, plant and equipment included in trade and other payables 323 137 (328 ) 294 Change in estimate for decommissioning asset - adjustment capitalised in property, plant and equipment (note 20) 80 (59 ) 868 (29 ) Acquisition of property, plant and equipment 6,897 6,009 10,638 10,602 Dividends paid Opening balance dividends due 4,481 1,598 1,048 1,883 Dividends declared - 5,439 6,129 7,578 Dividends declared and outstanding BETS 39 (86 ) 63 (86 ) Closing balance dividends due (1,608 ) (4,058 ) (1,608 ) (4,058 ) Dividends paid 2,912 2,893 5,632 5,317

Note 26 - Subsequent Events

Note 26 - Subsequent Events	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of events after reporting period [text block]	26 Subsequent events There were no June 30, 2024 Retirements Caledonia awarded discretionary payments to selected employees over 60 $2.4m 2024 Dividends Dividends of $2.7 million were declared and paid by the Company during July 2024.

Note 5 - Blanket Zimbabwe Ind_2

Note 5 - Blanket Zimbabwe Indigenisation Transaction (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of indigenisation shareholder percentages and facilitation loan balances [text block]	Shareholding Effective interest & NCI recognised NCI subject to facilitation loan Balance of facilitation loan # USD June 30, 2024 December 31, 2023 NIEEF 16 % 3.2 % 12.8 % 8,096 8,489 Community Trust 10 % 10.0 % 0.0 % – – BETS ~ 10 % -* -* 4,594 4,908 36 % 13.2 % 12.8 % 12,690 13,397
Disclosure of movement in dividend loan [text block]	2024 2023 Balance at January 1 13,397 15,026 Interest incurred 237 259 Dividends used to repay loan (944 ) (1,888 ) Balance at June 30 12,690 13,397

Note 6 - Production Costs (Tabl

Note 6 - Production Costs (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of components for cost of sales [text block]	2024 2023 Blanket Mine 37,839 33,046 Salaries and wages 14,953 12,459 Consumable materials 12,381 11,544 Electricity costs 7,014 5,812 Safety 548 554 Share-based expense (note 9) 145 386 On mine administration 1,971 1,472 Security 570 523 Solar operations and maintenance services 173 198 Pre-feasibility exploration costs 84 98 Bilboes 1,581 7,530 Salaries and wages 569 1,774 Consumable materials 374 4,742 Electricity costs 185 425 Share-based expense (note 9) 7 – On mine administration 446 589 39,420 40,576

Note 7 - Net Foreign Exchange_2

Note 7 - Net Foreign Exchange (Loss) Gain (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of foreign currency gains (losses) [text block]	2024 2023 ZiG RTGS$ Other Total ZiG RTGS$ Other Total Unrealised foreign exchange (losses) gains (27 ) 728 (62 ) 639 – 3,221 762 3,983 Taxation foreign exchange gains (including VAT) 145 1,021 – 1,166 – 3,379 – 3,379 Other unrealised foreign exchange (losses) gains (172 ) (293 ) (62 ) (527 ) – (158 ) 762 604 Realised foreign exchange (losses) gains (73 ) (6,706 ) (13 ) (6,792 ) – (6,091 ) 31 (6,060 ) Bullion sales receivable foreign exchange gains (losses) 51 (1,824 ) – (1,773 ) – (2,360 ) – (2,360 ) Cash and cash equivalents foreign exchange losses (81 ) (1,731 ) (13 ) (1,825 ) – (874 ) (23 ) (897 ) Taxation foreign exchange losses (including VAT) (23 ) (1,984 ) – (2,007 ) – (1,242 ) – (1,242 ) Trade and other payables foreign exchange (losses) gains (20 ) (1,167 ) – (1,187 ) – (1,615 ) 54 (1,561 ) Net foreign exchange (losses) gains (100 ) (5,978 ) (75 ) (6,153 ) – (2,870 ) 793 (2,077 )
Sensitivity analysis for types of market risk [text block]	ZiG weakening by 10% ZiG strengthening by 10% Consolidated statement of financial position: Cash and cash equivalents 2,874 3,513 Bullion sales receivable 1,421 1,736 VAT receivables 1,436 1,755 Trade and other receivables 1,822 2,227 Trade and other payables (87 ) (106 ) Income tax payable (1,083 ) (1,324 ) Consolidated statement of profit or loss and other comprehensive income: Foreign exchange (losses) gains (638 ) 975

Note 8 - Administrative Expen_2

Note 8 - Administrative Expenses (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of the components of general and administrative expense [text block]	2024 2023 Investor relations 237 322 Audit fee 134 139 Advisory services fees 782 3,823 Listing fees 321 592 Directors fees – Company 346 301 Directors fees – Blanket 34 30 Employee costs 3,350 2,815 Other office administration cost 100 247 Information technology and communication cost– Group related 128 84 Director and management liability insurance 461 414 Travel costs 382 355 6,275 9,122

Note 9 - Share-based Payments (

Note 9 - Share-based Payments (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period [text block]	June 30, 2024 December 31, 2023 PUs PUs Risk free rate 4.36 % 3.88 % Fair value (USD) 9.72 12.20 Share price (USD) 9.72 12.20 Performance multiplier percentage 80-100 % 93-100 % Volatility 0.83 0.90 Share units granted: PUs PUs Grant - January 11, 2021 35,341 56,244 Grant - May 14, 2021 482 964 Grant - June 1, 2021 375 1,310 Grant - June 14, 2021 199 398 Grant - September 6, 2021 229 458 Grant - September 20, 2021 230 460 Grant - October 1, 2021 508 1,016 Grant - October 11, 2021 225 450 Grant - November 12, 2021 923 1,846 Grant - December 1, 2021 225 900 Grant - January 11, 2022 41,386 75,198 Grant - January 12, 2022 556 825 Grant - May 13, 2022 1,894 2,040 Grant - June 1, 2022 – 1,297 Grant - July 1, 2022 1,899 2,375 Grant - October 1, 2022 1,800 2,024 Grant - April 7, 2023 73,464 79,521 Grant - May 15, 2023 – 581 Grant - June 1, 2023 617 617 Grant - June 7, 2023 572 572 Grant - August 10, 2023 5,514 5,514 Grant - September 1, 2023 1,617 1,617 Grant - October 3, 2023 14,258 14,258 Grant - April 8, 2024 169,141 – Grant - June 10, 2024 1,406 – Grant - June 17, 2024 1,155 – Settlements/ terminations (95,571 ) (68,171 ) Total awards outstanding 258,445 182,314 Grant date January 24, 2022 April 7, 2023 April 8, 2024 May 13, 2024 Number of units - remaining at reporting date 113,693 80,773 125,433 14,771 Share price (USD) - grant date 11.50 16.91 10.91 10.29 Fair value (USD) - grant date 10.15 15.33 9.53 10.02 Performance multiplier percentage at grant date 100 % 100 % 100 % 100 % Grant date May 13, 2024 Vesting date September 30, 2024 Number of units - remaining at reporting date 26,404 Share price (USD) - grant date 10.29 Fair value (USD) - grant date 10.02 Performance multiplier percentage at grant date 100 %

Note 10 - Other Expenses (Table

Note 10 - Other Expenses (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of other operating expenses components [text block]	2024 2023 Intermediated Money Transaction Tax * 528 666 Community and social responsibility cost 736 582 Impairment of property, plant and equipment (note 13) – 851 1,264 2,099

Note 11 - Finance Income and _2

Note 11 - Finance Income and Finance Cost (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of the components of finance income (cost) [text block]	2024 2023 Finance income received - Bank 9 9 Unwinding of rehabilitation provision (note 20) 198 36 Finance cost - Leases 5 11 Finance cost - Overdraft and short term loans 864 977 Finance cost - Solar loan notes payable (note 21.1) 395 197 Finance cost - Motapa loan notes payable – 612 Finance cost – Loans and borrowings 67 – 1,529 1,833

Note 12 - Exploration and Eva_2

Note 12 - Exploration and Evaluation Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of detailed information about exploration and evaluation assets [text block]	Bilboes Gold Motapa Maligreen GG Sabiwa Abercorn Valentine Total Balance at January 1, 2023 – 7,844 5,626 3,723 294 27 65 17,579 Acquisition costs: - Bilboes Gold 73,198 – – – – – – 73,198 Decommissioning asset estimation adjustment – 1,466 152 – – – – 1,618 Exploration costs: - Consumables and drilling – 903 102 – – – – 1,005 - Contractor – 2 – – – – – 2 - Labour – 377 111 – – – – 488 - Power – – 7 – – – – 7 - Other 375 – – – – – – 375 Balance at December 31, 2023 73,573 10,592 5,998 3,723 294 27 65 94,272 Decommissioning asset estimation adjustment * – (899 ) – – – – – (899 ) Exploration costs: - Consumables and drilling – 558 2 – – – – 560 - Contractor – – 5 – – – – 5 - Labour – 285 – 51 – – – 336 - Power – 2 2 – – – – 4 - Other 191 67 – – – – – 258 Balance at June 30, 2024 73,764 10,605 6,007 3,774 294 27 65 94,536

Note 13 - Property, Plant and_2

Note 13 - Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of detailed information about property, plant and equipment [text block]	Cost Land and Buildings Right of use assets Mine development, infrastructure and other Assets under construction and decommissioning assets Plant and equipment Furniture and fittings Motor vehicles Solar Plant & Total Balance at January 1, 2023 15,194 525 82,154 46,453 70,485 1,563 3,314 14,138 233,826 Additions* – – – 28,276 538 335 294 163 29,606 Impairments – – (872 ) – (36 ) – – – (908 ) Disposals – – – – (33 ) – – – (33 ) Reallocate to assets held for sale – – – – – – – (14,301 ) (14,301 ) Reallocations between asset classes 1,492 – 37,116 (39,099 ) 491 – – – – Foreign exchange movement – (24 ) – (2 ) – (37 ) (3 ) – (66 ) Balance at December 31, 2023 16,686 501 118,398 35,628 71,445 1,861 3,605 – 248,124 Additions* – – 128 8,841 429 38 – – 9,436 Reallocations between asset classes – – 13,409 (12,412 ) (997 ) – – – – Foreign exchange movement – 1 – – – 2 – – 3 Balance at June 30, 2024 16,686 502 131,935 32,057 70,877 1,901 3,605 – 257,563 Accumulated depreciation and Impairment losses Land and Buildings Right of use assets Mine development, infrastructure and other Assets under construction and decommissioning assets Plant and equipment Furniture and fittings Motor vehicles Solar Plant Total Balance at January 1, 2023 8,350 230 12,368 693 29,257 1,100 2,845 – 54,843 Depreciation for the year 1,012 124 5,459 93 6,573 185 258 782 14,486 Accumulated depreciation for assets reallocated to assets held for sale – – – – – – – (782 ) (782 ) Accumulated depreciation impairments – – (21 ) – (10 ) – – – (31 ) Foreign exchange movement – (9 ) – – – (30 ) (2 ) – (41 ) Balance at December 31, 2023 9,362 345 17,806 786 35,820 1,255 3,101 – 68,475 Depreciation for the period 557 62 3,488 46 3,701 87 117 – 8,058 Foreign exchange movement – 1 – – – 2 – – 3 Balance at June 30, 2024 9,919 408 21,294 832 39,521 1,344 3,218 – 76,536 Carrying amounts At December 31, 2023 7,324 156 100,592 34,842 35,625 606 504 – 179,649 At June 30, 2024 6,767 94 110,641 31,225 31,356 557 387 – 181,027

Note 14 - Inventories (Tables)

Note 14 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of components of inventories [text block]	December 31, 2024 2023 Consumable stores * 19,437 18,001 Gold in progress 964 2,303 20,401 20,304

Note 15 - Trade and Other Rec_2

Note 15 - Trade and Other Receivables (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of the components and trade and other receivables [text block]	December 31, 2024 2023 Bullion sales receivable 3,844 5,403 VAT receivables 3,612 4,259 Deposits for stores, equipment and other receivables 426 290 7,882 9,952

Note 16 - Prepayments (Tables)

Note 16 - Prepayments (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of detailed information about prepayments [text block]	December 31, 2024 2023 Caledonia Mining South Africa (Proprietary) Limited (“CMSA”) suppliers 681 527 Blanket Mine third party suppliers - USD 1,482 808 Blanket Mine third party suppliers - ZiG 2,947 – Blanket Mine third party suppliers - RTGS$ – 938 Other prepayments 177 265 5,287 2,538

Note 17 - Cash and Cash Equiv_2

Note 17 - Cash and Cash Equivalents (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of the components of cash and cash equivalents [text block]	December 31, 2024 2023 Bank balances 15,412 4,252 Restricted cash – 2,456 Cash and cash equivalents 15,412 6,708 Bank overdrafts and short term loans used for cash management purposes (16,778 ) (17,740 ) Net cash and cash equivalents (1,366 ) (11,032 )
Summary of Overdrafts and Short Term Debt [Text Block]	Loan initiated Expiry Repayment term Principal value Balance drawn at June 30, 2024 Undrawn amount at June 30, 2024 Overdraft facilities and term loans Stanbic Bank - ZiG denomination Sep-2023 Sep-2024 On demand ZiG 6.5 million ZiG Nil ZiG 6.5 million Stanbic Bank - USD denomination Sep-2023 Sep-2024 On demand $4 million $3.4 million $0.6 million CABS Bank – USD denomination & Aug-2023 Jul-2024 On demand $2 million $1.9 million $0.1 million CABS Bank– USD denomination * Mar-2024 Mar-2027 On demand $3 million $3 million $Nil million Ecobank - USD denomination Mar-2024 Feb-2025 On demand $4 million $4 million $Nil million Nedbank Zimbabwe - USD denomination Apr-2024 Apr-2025 On demand $7 million $4.5 million $2.5 million Total USD $20 million $16.8 million $3.2 million

Note 18 - Assets and Liabilit_2

Note 18 - Assets and Liabilities Associated With Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of non-current assets held for sale and discontinued operations [text block]	December 31, 2024 2023 Non-current assets held for sale Solar plant 13,484 13,519 Liabilities associated with assets held for sale Site restoration liability 93 128

Note 19 - Share Capital (Tables

Note 19 - Share Capital (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of classes of share capital [text block]	Number of fully paid shares Amount January 1, 2023 12,833,126 83,471 Shares issued: - share-based payment - employees (note 9.1(a)) 24,389 351 - equity raise 1,207,514 15,569 - Bilboes Gold Limited acquisition 5,123,044 65,677 December 31, 2023 19,188,073 165,068 Shares issued: - share-based payment - employees (note 9.1(a)) 6,787 83 - options exercised* 5,000 37 June 30, 2024 19,199,860 165,188

Note 20 - Provisions (Tables)

Note 20 - Provisions (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of other provisions [text block]	Reconciliation of site restoration provision June 30, 2024 December 31, 2023 Blanket Mine Balance January 1 4,766 2,823 Unwinding of discount (note 11) 198 109 Change in estimate (Blanket) (note 13)* (868 ) 1,834 Balance 4,096 4,766 Motapa, Maligreen and Bilboes Balance January 1 6,219 135 Change in estimate (Motapa) (note 12) (899 ) 1,466 Change in estimate (Maligreen) (note 12) – 152 Acquisition - Bilboes – 4,466 Balance 5,320 6,219 Total balance 9,416 10,985 Current – – Non-current 9,416 10,985 9,416 10,985

Note 21 - Loan Notes (Tables)

Note 21 - Loan Notes (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of detailed information about borrowings [text block]	Loan notes - finance costs 2024 2023 Solar loan notes 21.1 395 197 Motapa loan notes – 612 395 809 Loan notes - financial liabilities December 31, 2024 2023 Solar loan notes 21.1 9,093 7,112 9,093 7,112 Current 855 665 Non-current 8,238 6,447 9,093 7,112 December 31, 2024 2023 Balance January 1 7,112 – Amounts received 2,000 7,000 Transaction costs (61 ) (105 ) Finance cost accrued 395 549 Finance cost paid (353 ) (332 ) Balance 9,093 7,112 Current 855 665 Non-current 8,238 6,447 9,093 7,112

Note 22 - Trade and Other Pay_2

Note 22 - Trade and Other Payables (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of detailed information about trade and other payables [text block]	December 31, 2024 2023 Trade payables 4,222 6,166 Electricity accrual 3,771 2,676 Audit fee 232 395 Dividends due 1,608 1,048 Other payables 1,021 692 Financial liabilities 10,854 10,977 Production and management bonus accrual - Blanket Mine 785 214 Other employee benefits - other 1,613 2,229 Other employee benefits - settlements – 1,588 Leave pay 3,498 2,655 Bonus provision 70 190 Accruals 1,983 2,650 Non-financial liabilities 7,949 9,526 Total 18,803 20,503

Note 23 - Cash Flow Informati_2

Note 23 - Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of detailed information of the cash flow statement [text block]	2024 2023 Operating profit 22,366 2,581 Adjustments for: Impairment of property, plant and equipment (note 13) – 851 Unrealised foreign exchange gains (note 7) (639 ) (3,983 ) Fair value loss on derivative instruments 476 488 Cash-settled share-based expense (note 9.1) 57 271 Share-based expense included in production costs (note 6) 152 386 Cash portion of cash-settled share-based expense (690 ) (1,673 ) Equity-settled share-based expense (note 9.2) 506 331 Depreciation (note 13) 8,058 5,664 Cash generated from operations before working capital changes 30,286 4,916 Inventories (83 ) (1,005 ) Prepayments (2,037 ) (148 ) Trade and other receivables 1,972 894 Trade and other payables (2,615 ) (3,991 ) Cash generated from operations 27,523 666

Note 24 - Operating Segments (T

Note 24 - Operating Segments (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of operating segments [text block]	For the six months ended June 30, 2024 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Revenue 86,937 – 1,698 – – – 88,635 Inter-segmental revenue – 8,149 – – (8,149 ) – – Royalty (4,324 ) – (85 ) – – – (4,409 ) Production costs (38,161 ) (7,338 ) (1,581 ) – 7,660 – (39,420 ) Depreciation (8,472 ) (67 ) – – 502 (21 ) (8,058 ) Net foreign exchange (loss) gain (6,022 ) 16 (58 ) – (20 ) (69 ) (6,153 ) Administrative expenses (475 ) (1,455 ) (21 ) (4 ) 3 (4,323 ) (6,275 ) Net derivative financial instrument expense – – – – – (476 ) (476 ) Equity-settled share-based expense – – – – – (506 ) (506 ) Cash-settled share-based expense – – – – – (57 ) (57 ) Other expenses (1,245 ) – (19 ) – – – (1,264 ) Other income 147 1 1 – (3 ) 203 349 Management fee (1,457 ) 1,457 – – – – – Finance income – 310 – – (1,348 ) 1,047 9 Finance cost (1,830 ) (4 ) (96 ) (47 ) 1,348 (900 ) (1,529 ) Profit (loss) before tax 25,098 1,069 (161 ) (51 ) (7 ) (5,102 ) 20,846 Tax expense (7,218 ) (337 ) (5 ) – 39 (160 ) (7,681 ) Profit (loss) after tax 17,880 732 (166 ) (51 ) 32 (5,262 ) 13,165 As at June 30, 2024 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Segment assets: Non-Current (excluding intercompany) 189,863 630 – 92,890 (5,188 ) (2,452 ) 275,743 Current (excluding intercompany, including Assets held for sale) 59,866 2,432 – 683 (1,697 ) 1,476 62,760 Expenditure on evaluation and exploration assets (note 12) – – – 1,163 – – 1,163 Expenditure on property, plant and equipment (note 13) 9,857 (26 ) – – (397 ) 2 9,436 Assets held for sale (note 18) 13,484 – – – – – 13,484 Intercompany balances 45,237 17,806 48 – (115,866 ) 52,775 – Segment liabilities: Current (excluding intercompany) (35,200 ) (2,413 ) – (1,970 ) – (1,666 ) (41,249 ) Non-current (excluding intercompany) (20,078 ) – – (5,033 ) 43 (212 ) (25,280 ) Intercompany balances (16,040 ) (35,837 ) – (7,333 ) 115,866 (56,656 ) – For the six months ended June 30, 2023 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Revenue 64,152 – 2,314 – – – 66,466 Inter-segmental revenue – 5,832 – – (5,832 ) – – Royalty (3,327 ) – (116 ) – – – (3,443 ) Production costs (32,567 ) (5,674 ) (7,534 ) – 5,199 – (40,576 ) Depreciation (6,199 ) (71 ) (21 ) – 648 (21 ) (5,664 ) Net foreign exchange (loss) gain (2,716 ) (138 ) (100 ) – (5 ) 882 (2,077 ) Administrative expenses (83 ) (1,578 ) (2,059 ) – 6 (5,408 ) (9,122 ) Net derivative financial instrument expense – – – – – (488 ) (488 ) Equity-settled share-based expense – – – – – (331 ) (331 ) Cash-settled share-based expense – – – – 386 (657 ) (271 ) Other expenses (1,240 ) – (859 ) – – – (2,099 ) Other income 43 13 121 – – 9 186 Management fee (1,629 ) 1,629 – – – – – Finance income – 9 – – – – 9 Finance cost (1,724 ) 212 (1 ) – – (320 ) (1,833 ) Profit (loss) before tax 14,710 234 (8,255 ) – 402 (6,334 ) 757 Tax expense (4,207 ) (125 ) (44 ) – (99 ) (300 ) (4,775 ) Profit (loss) after tax 10,503 109 (8,299 ) – 303 (6,634 ) (4,018 ) As at June 30, 2023 Blanket South Africa Bilboes oxide mine E&E projects Inter-group eliminations adjustments Corporate and other reconciling amounts Total Segment assets: Non-Current (excluding intercompany) 192,373 325 – 83,307 (6,822 ) 103 269,286 Current (excluding intercompany) 31,031 3,570 – 798 (30 ) 9,236 44,605 Expenditure on evaluation and exploration assets (note 12) – – – 69,837 – – 69,837 Expenditure on property, plant and equipment (note 13) 22,077 (369 ) 872 – (2,023 ) (11,438 ) 9,119 Intercompany balances 43,473 14,351 – – (141,193 ) 83,369 – Segment liabilities: Current (excluding intercompany) (30,290 ) (1,793 ) – (55 ) – (4,793 ) (36,931 ) Non-current (excluding intercompany) (12,692 ) (43 ) – (774 ) (17 ) (253 ) (13,779 ) Intercompany balances (23,322 ) (34,542 ) – (6,812 ) 141,193 (76,517 ) –

Note 25 - Supplemental Disclo_2

Note 25 - Supplemental Disclosure of Cash Flow Items (Tables)	6 Months Ended
	Jun. 30, 2024
Statement Line Items [Line Items]
Disclosure of supplemental disclosure of cash flow statement [text block]	Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Finance cost (note 11) 797 1,061 1,529 1,833 Net loan note movements included in Loan notes (note 21) (85 ) 145 (43 ) (355 ) Non cash - Unwinding of rehabilitation provision (note 20) - 30 (198 ) (36 ) Non cash - Finance cost on leases (2 ) (5 ) (5 ) (11 ) Finance cost paid 710 1,231 1,283 1,431 Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Tax paid Opening balance of net income tax payable 22 2,128 (1,110 ) 1,284 Current tax expense 4,935 1,682 7,544 3,915 Acquisition of Bilboes Gold tax liability (note 5) - - - 10 Foreign currency movement 116 (401 ) (280 ) (455 ) Closing balance of net income tax payable (3,878 ) (2,408 ) (3,878 ) (2,408 ) Tax paid 1,195 1,001 2,276 2,346 Acquisition of property, plant and equipment Additions (note 13) 5,838 6,008 9,436 9,119 Net property, plant and equipment included in prepayments 656 (77 ) 662 1,218 Net property, plant and equipment included in trade and other payables 323 137 (328 ) 294 Change in estimate for decommissioning asset - adjustment capitalised in property, plant and equipment (note 20) 80 (59 ) 868 (29 ) Acquisition of property, plant and equipment 6,897 6,009 10,638 10,602 Dividends paid Opening balance dividends due 4,481 1,598 1,048 1,883 Dividends declared - 5,439 6,129 7,578 Dividends declared and outstanding BETS 39 (86 ) 63 (86 ) Closing balance dividends due (1,608 ) (4,058 ) (1,608 ) (4,058 ) Dividends paid 2,912 2,893 5,632 5,317

Note 5 - Blanket Zimbabwe Ind_3

Note 5 - Blanket Zimbabwe Indigenisation Transaction (Details Textual) - USD ($) $ in Thousands						6 Months Ended
		Jan. 20, 2020	Nov. 05, 2018	Jun. 23, 2017	Feb. 20, 2012	Jun. 30, 2024
Statement Line Items [Line Items]
Proportion of ownership interests held by non-controlling interests					51%	36%
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity attributable to owners of parent					$ 30,090
Non-controlling interest, non-refundable donation					$ 1,000
Dividend loans, Percentage of dividend as payment of interest				80%	80%
Proportion of dividends declared accruing unconditionally					20%
Borrowings, interest rate				7.25%
Percentage of net assets recognised as NCI		13.20%			16.20%
Proportion of ownership interest acquired			15%
Number of instruments or interests issued or issuable for cancellation of loan (in shares)		727,266
Non-controlling interests derecognized		$ 3,600
Reserve of share-based payments, increase (decrease) during period		$ 2,247
Proportion of ownership interest in subsidiary		64%
NIEEF [member]
Statement Line Items [Line Items]
Proportion of ownership interests held by non-controlling interests					16%	16%
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity attributable to owners of parent					$ 11,740
Proportion of ownership interest sold					16%
Non-controlling interests recognised, dividends declared accruing unconditionally					20%
Fremiro [member]
Statement Line Items [Line Items]
Proportion of ownership interests held by non-controlling interests					15%
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity attributable to owners of parent					$ 11,010
Proportion of ownership interest sold					15%
Non-controlling interests recognised, dividends declared accruing unconditionally					20%
Non-controlling interests recognised, portion recognised to the extent net asset value exceeds faciliation loans					80%
BETS [member]
Statement Line Items [Line Items]
Proportion of ownership interests held by non-controlling interests	[1]					10%
Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity attributable to owners of parent					$ 7,340
Proportion of ownership interest sold					10%
Community Trust [member]
Statement Line Items [Line Items]
Proportion of ownership interests held by non-controlling interests					10%	10%
Proportion of ownership interest sold					10%
Non-controlling interests recognised, dividends declared accruing unconditionally					100%
Non-controlling interests recognised, portion recognised to the extent net asset value exceeds faciliation loans					80%
Non-controlling interests recognised, dividends declared accruing unconditionally employee participation					20%
[1]Accounted for under IAS19 Employee Benefits.

Note 5 - Blanket Zimbabwe Ind_4

Note 5 - Blanket Zimbabwe Indigenisation Transaction - Shareholder Percentages and Facilitation Loan Balances (Details) - USD ($) $ in Thousands			6 Months Ended
		Feb. 20, 2012	Jun. 30, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Shareholding		51%	36%
NCI Recognized			13.20%
NCI subject to facilitation loans			12.80%
Faciliation loans	[1]		$ 12,690	$ 13,397
NIEEF [member]
Statement Line Items [Line Items]
Shareholding		16%	16%
NCI Recognized			3.20%
NCI subject to facilitation loans			12.80%
Faciliation loans	[1]		$ 8,096	8,489
Community Trust [member]
Statement Line Items [Line Items]
Shareholding		10%	10%
NCI Recognized			10%
NCI subject to facilitation loans			0%
Faciliation loans	[1]		$ 0	0
BETS [member]
Statement Line Items [Line Items]
Shareholding	[2]		10%
Faciliation loans	[1],[2]		$ 4,594	$ 4,908
[1]Facilitation loans are accounted for as equity instruments and are accordingly not recognised as loans receivable.[2]Accounted for under IAS19 Employee Benefits.

Note 5 - Blanket Zimbabwe Ind_5

Note 5 - Blanket Zimbabwe Indigenisation Transaction - Movement in Advance Dividend Loan (Details) - Reserve of share-based payments [member] - Faciliation Loans [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Balance	$ 13,397	$ 15,026
Interest incurred	237	259
Dividends used to repay loan	(944)	(1,888)
Balance	$ 12,690	$ 13,397

Note 6 - Production Costs - Com

Note 6 - Production Costs - Components of Production Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Cost of sales	$ 20,460	$ 20,726	$ 39,420	$ 40,576
Blanket Mine [member]
Statement Line Items [Line Items]
Production costs			37,839	33,046
Salaries and wages			14,953	12,459
Consumable materials			12,381	11,544
Electricity costs			7,014	5,812
Safety			548	554
Share-based expense (note 9)			145	386
On mine administration			1,971	1,472
Security			570	523
Solar operations and maintenance services			173	198
Pre-feasibility exploration costs			84	98
Bilboes Oxide Mine[member]
Statement Line Items [Line Items]
Production costs			1,581	7,530
Salaries and wages			569	1,774
Consumable materials			374	4,742
Electricity costs			185	425
Share-based expense (note 9)			7	0
On mine administration			$ 446	$ 589

Note 7 - Net Foreign Exchange_3

Note 7 - Net Foreign Exchange (Loss) Gain (Details Textual)	6 Months Ended
	Jun. 30, 2024	Apr. 05, 2024	Mar. 31, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Closing foreign exchange rate	13.7	30.674	22,055	6,104
Foreign currency allocation, percentage	75%
Currency, Zimbabwe Gold (ZiG) [member]
Statement Line Items [Line Items]
Closing foreign exchange rate		13.56
Currency, Zimbabwe RTGS translated to Gold (ZiG) [member]
Statement Line Items [Line Items]
Closing foreign exchange rate		2,499

Note 7 - Net Foreign Exchange_4

Note 7 - Net Foreign Exchange (Loss) Gain - Foreign Exchange Gain (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Unrealised foreign exchange (losses) gains			$ 639	$ 3,983
Taxation foreign exchange gains (including VAT)			1,166	3,379
Other unrealised foreign exchange (losses) gains			(527)	604
Realised foreign exchange (losses) gains			(6,792)	(6,060)
Bullion sales receivable foreign exchange gains (losses)			(1,773)	(2,360)
Cash and cash equivalents foreign exchange losses			(1,825)	(897)
Taxation foreign exchange losses (including VAT)			(2,007)	(1,242)
Trade and other payables foreign exchange (losses) gains			(1,187)	(1,561)
Net foreign exchange (losses) gains	$ (2,014)	$ (3,610)	(6,153)	(2,077)
Currency, Zimbabwe Gold (ZiG) [member]
Statement Line Items [Line Items]
Unrealised foreign exchange (losses) gains			(27)
Taxation foreign exchange gains (including VAT)			145
Other unrealised foreign exchange (losses) gains			(172)
Realised foreign exchange (losses) gains			(73)
Bullion sales receivable foreign exchange gains (losses)			51
Cash and cash equivalents foreign exchange losses			(81)
Taxation foreign exchange losses (including VAT)			(23)
Trade and other payables foreign exchange (losses) gains			(20)
Net foreign exchange (losses) gains			(100)
Currency, Zimbabwe RTGS [member]
Statement Line Items [Line Items]
Unrealised foreign exchange (losses) gains			728	3,221
Taxation foreign exchange gains (including VAT)			1,021	3,379
Other unrealised foreign exchange (losses) gains			(293)	(158)
Realised foreign exchange (losses) gains			(6,706)	(6,091)
Bullion sales receivable foreign exchange gains (losses)			(1,824)	(2,360)
Cash and cash equivalents foreign exchange losses			(1,731)	(874)
Taxation foreign exchange losses (including VAT)			(1,984)	(1,242)
Trade and other payables foreign exchange (losses) gains			(1,167)	(1,615)
Net foreign exchange (losses) gains			(5,978)	(2,870)
Other Currency [Member]
Statement Line Items [Line Items]
Unrealised foreign exchange (losses) gains			(62)	762
Taxation foreign exchange gains (including VAT)			0	0
Other unrealised foreign exchange (losses) gains			(62)	762
Realised foreign exchange (losses) gains			(13)	31
Bullion sales receivable foreign exchange gains (losses)			0	0
Cash and cash equivalents foreign exchange losses			(13)	(23)
Taxation foreign exchange losses (including VAT)			0	0
Trade and other payables foreign exchange (losses) gains			0	54
Net foreign exchange (losses) gains			$ (75)	$ 793

Note 7 - Net Foreign Exchange_5

Note 7 - Net Foreign Exchange (Loss) Gain - Sensitivity Analysis (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Net foreign exchange (losses) gains	$ (2,014)	$ (3,610)	$ (6,153)	$ (2,077)
Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Net foreign exchange (losses) gains			(638)
Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Net foreign exchange (losses) gains			975
Cash and cash equivalents 1 [member] | Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			2,874
Cash and cash equivalents 1 [member] | Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			3,513
Sales receivables (member) | Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			1,421
Sales receivables (member) | Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			1,736
Value added tax receivables [member] | Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			1,436
Value added tax receivables [member] | Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			1,755
Trade receivables [member] | Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			1,822
Trade receivables [member] | Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Financial assets			2,227
Trade and other payables [member] | Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Financial liabilities			(87)
Trade and other payables [member] | Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Financial liabilities			(106)
Income tax payable [member] | Currency risk, weakening by 10 percent [member]
Statement Line Items [Line Items]
Financial liabilities			(1,083)
Income tax payable [member] | Currency risk, strengthening by 10 percent [member]
Statement Line Items [Line Items]
Financial liabilities			$ (1,324)

Note 8 - Administrative Expen_3

Note 8 - Administrative Expenses - Components of Administrative Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Investor relations			$ 237	$ 322
Audit fee			134	139
Advisory services fees			782	3,823
Listing fees			321	592
Directors fees – Company			346	301
Directors fees – Blanket			34	30
Employee costs			3,350	2,815
Other office administration cost			100	247
Information technology and communication cost– Group related			128	84
Director and management liability insurance			461	414
Travel costs			382	355
Administrative expenses, total	$ 3,664	$ 3,183	$ 6,275	$ 9,122

Note 9 - Share-based Payments_2

Note 9 - Share-based Payments (Details Textual) $ in Thousands					3 Months Ended		6 Months Ended		12 Months Ended
	May 13, 2024	Apr. 08, 2024	Apr. 07, 2023	Jan. 24, 2022	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Statement Line Items [Line Items]
Expense from equity-settled share-based payment transactions					$ 305	$ 221	$ 506	$ 331
Restricted stock units (RSUs) [member]
Statement Line Items [Line Items]
Vesting period of other equity instruments							3
Performance share units (PSUs) [member]
Statement Line Items [Line Items]
Liabilities from share-based payment transactions					$ 644		$ 644		$ 1,294
Expense from share-based payment transactions							57	271
Value of other equity instruments exercised or vested in share-based payment arrangement, share capital							83	351
Performance share units (PSUs) [member] | Production costs [Member]
Statement Line Items [Line Items]
Expense from share-based payment transactions							$ 67	$ 386
Performance share units (PSUs) [member] | Bottom of range [member]
Statement Line Items [Line Items]
Vesting period of other equity instruments							1
Performance probability							80%	93%
Performance multiplier							80%		93%
Performance share units (PSUs) [member] | Top of range [member]
Statement Line Items [Line Items]
Vesting period of other equity instruments							3
Performance probability							100%	100%
Performance multiplier							100%		100%
Equity-settled performance units (EPUs) [member]
Statement Line Items [Line Items]
Vesting period of other equity instruments							3
Performance probability							100%
Performance multiplier	100%	100%	100%	100%			100%
Expense from equity-settled share-based payment transactions							$ 414,000	$ 331,000
Equity-settled performance units (EPUs) [member] | Production costs [Member]
Statement Line Items [Line Items]
Expense from equity-settled share-based payment transactions							$ 85	0
Equity settlement restricted share units [member]
Statement Line Items [Line Items]
Performance multiplier							100%
Expense from equity-settled share-based payment transactions							$ 92	$ 0

Note 9 - Share-based payments -

Note 9 - Share-based payments - Inputs for Measurement of Grant Date Fair Values and Share Units Granted (Details)					6 Months Ended	12 Months Ended
	May 13, 2024 USD ($) $ / shares	Apr. 08, 2024 USD ($) $ / shares	Apr. 07, 2023 USD ($) $ / shares	Jan. 24, 2022 USD ($) $ / shares	Jun. 30, 2024 USD ($) $ / shares	Dec. 31, 2023 USD ($) $ / shares
Performance share units (PSUs) [member]
Statement Line Items [Line Items]
Risk free rate					4.36%	3.88%
Fair value (USD) | $					$ 9.72	$ 12.2
Share price (USD) (in dollars per share) | $ / shares					$ 9.72	$ 12.2
Volatility					0.83%	0.90%
Settlements/ terminations					(95,571)	(68,171)
Total awards outstanding					258,445	182,314
Performance share units (PSUs) [member] | Bottom of range [member]
Statement Line Items [Line Items]
Performance multiplier percentage					80%	93%
Performance share units (PSUs) [member] | Top of range [member]
Statement Line Items [Line Items]
Performance multiplier percentage					100%	100%
Performance share units (PSUs) [member] | January 11, 2021 [member]
Statement Line Items [Line Items]
Grants					35,341	56,244
Performance share units (PSUs) [member] | May 14, 2021 [member]
Statement Line Items [Line Items]
Grants					482	964
Performance share units (PSUs) [member] | June 1, 2021 [member]
Statement Line Items [Line Items]
Grants					375	1,310
Performance share units (PSUs) [member] | June 14, 2021 [member]
Statement Line Items [Line Items]
Grants					199	398
Performance share units (PSUs) [member] | September 6, 2021 [member]
Statement Line Items [Line Items]
Grants					229	458
Performance share units (PSUs) [member] | September 20, 2021 [member]
Statement Line Items [Line Items]
Grants					230	460
Performance share units (PSUs) [member] | October 1, 2021 [member]
Statement Line Items [Line Items]
Grants					508	1,016
Performance share units (PSUs) [member] | October 11, 2021 [member]
Statement Line Items [Line Items]
Grants					225	450
Performance share units (PSUs) [member] | November 12, 2021 [member]
Statement Line Items [Line Items]
Grants					923	1,846
Performance share units (PSUs) [member] | December 1, 2021 [member]
Statement Line Items [Line Items]
Grants					225	900
Performance share units (PSUs) [member] | January 11, 2022 [member]
Statement Line Items [Line Items]
Grants					41,386	75,198
Performance share units (PSUs) [member] | January 12, 2022 [member]
Statement Line Items [Line Items]
Grants					556	825
Performance share units (PSUs) [member] | May 13, 2022 [member]
Statement Line Items [Line Items]
Grants					1,894	2,040
Performance share units (PSUs) [member] | June 1, 2022 [member]
Statement Line Items [Line Items]
Grants					0	1,297
Performance share units (PSUs) [member] | July 1, 2022 [member]
Statement Line Items [Line Items]
Grants					1,899	2,375
Performance share units (PSUs) [member] | October 1, 2022 [member]
Statement Line Items [Line Items]
Grants					1,800	2,024
Performance share units (PSUs) [member] | April 7, 2023 [Member]
Statement Line Items [Line Items]
Grants					73,464	79,521
Performance share units (PSUs) [member] | May 15, 2023 [Member]
Statement Line Items [Line Items]
Grants					0	581
Performance share units (PSUs) [member] | June 1, 2023 [Member]
Statement Line Items [Line Items]
Grants					617	617
Performance share units (PSUs) [member] | June 7, 2023 [Member]
Statement Line Items [Line Items]
Grants					572	572
Performance share units (PSUs) [member] | August 10, 2023 [Member]
Statement Line Items [Line Items]
Grants					5,514	5,514
Performance share units (PSUs) [member] | September 1, 2023 [Member]
Statement Line Items [Line Items]
Grants					1,617	1,617
Performance share units (PSUs) [member] | October 3, 2023 [Member]
Statement Line Items [Line Items]
Grants					14,258	14,258
Performance share units (PSUs) [member] | April 8, 2024 [member]
Statement Line Items [Line Items]
Grants					169,141	0
Performance share units (PSUs) [member] | June 10, 2024 [member]
Statement Line Items [Line Items]
Grants					1,406	0
Performance share units (PSUs) [member] | June 17, 2024 [member]
Statement Line Items [Line Items]
Grants					1,155	0
Equity-settled performance units (EPUs) [member]
Statement Line Items [Line Items]
Fair value (USD) | $	$ 10.02	$ 9.53	$ 15.33	$ 10.15
Share price (USD) (in dollars per share) | $ / shares	$ 10.29	$ 10.91	$ 16.91	$ 11.5
Performance multiplier percentage	100%	100%	100%	100%	100%
Total awards outstanding	14,771	125,433	80,773	113,693
Equity settlement restricted share units [member]
Statement Line Items [Line Items]
Fair value (USD) | $					$ 10.02
Share price (USD) (in dollars per share) | $ / shares					$ 10.29
Performance multiplier percentage					100%
Total awards outstanding					26,404
Grant date					May 13, 2024
Vesting date					Sep. 30, 2024

Note 10 - Other Expenses - Sche

Note 10 - Other Expenses - Schedule of Other Expenses (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Intermediated Money Transaction Tax*	[1]			$ 528	$ 666
Community and social responsibility cost				736	582
Impairment of property, plant and equipment (note 13)				0	851
Other expenses, total		$ 664	$ 1,461	$ 1,264	$ 2,099
[1]Intermediated Money Transfer Tax ("IMTT”) is tax chargeable in Zimbabwe on transfer of physical money, electronically or by any other means and ranges from 1% to 2% per transaction performed in Zimbabwe.

Note 11 - Finance Income and _3

Note 11 - Finance Income and Finance Costs - Components of Finance Income and Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Finance income received - Bank			$ 9	$ 9
Unwinding of rehabilitation provision (note 20)			198	36
Finance cost - Leases			5	11
Finance cost - Overdraft and short term loans			864	977
Finance cost – Loans and borrowings			67	0
Finance costs, total	$ 797	$ 1,061	1,529	1,833
Solar loan notes [member]
Statement Line Items [Line Items]
Finance cost - notes payable			395	197
Motapa loan notes payable [member]
Statement Line Items [Line Items]
Finance cost - notes payable			$ 0	$ 612

Note 12 - Exploration and Eva_3

Note 12 - Exploration and Evaluation Assets - Exploration and Evaluation Assets (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024		Dec. 31, 2023
Statement Line Items [Line Items]
Balance at beginning of period	$ 94,272		$ 17,579
- Bilboes Gold			73,198
Decommissioning asset estimation adjustment	(899)	[1]	1,618
- Consumables and drilling	560		1,005
- Contractor	5		2
- Labour	336		488
- Power	4		7
- Other	258		375
Balance	94,536		94,272
Bilboes Oxide Mine[member]
Statement Line Items [Line Items]
Balance at beginning of period	73,573		0
- Bilboes Gold			73,198
Decommissioning asset estimation adjustment	0	[1]	0
- Consumables and drilling	0		0
- Contractor	0		0
- Labour	0		0
- Power	0		0
- Other	191		375
Balance	73,764		73,573
Motapa [member]
Statement Line Items [Line Items]
Balance at beginning of period	10,592		7,844
- Bilboes Gold			0
Decommissioning asset estimation adjustment	(899)	[1]	1,466
- Consumables and drilling	558		903
- Contractor	0		2
- Labour	285		377
- Power	2		0
- Other	67		0
Balance	10,605		10,592
Maligreen [member]
Statement Line Items [Line Items]
Balance at beginning of period	5,998		5,626
- Bilboes Gold			0
Decommissioning asset estimation adjustment	0	[1]	152
- Consumables and drilling	2		102
- Contractor	5		0
- Labour	0		111
- Power	2		7
- Other	0		0
Balance	6,007		5,998
GG [member]
Statement Line Items [Line Items]
Balance at beginning of period	3,723		3,723
- Bilboes Gold			0
Decommissioning asset estimation adjustment	0	[1]	0
- Consumables and drilling	0		0
- Contractor	0		0
- Labour	51		0
- Power	0		0
- Other	0		0
Balance	3,774		3,723
Sabiwa [member]
Statement Line Items [Line Items]
Balance at beginning of period	294		294
- Bilboes Gold			0
Decommissioning asset estimation adjustment	0	[1]	0
- Consumables and drilling	0		0
- Contractor	0		0
- Labour	0		0
- Power	0		0
- Other	0		0
Balance	294		294
Abercorn [member]
Statement Line Items [Line Items]
Balance at beginning of period	27		27
- Bilboes Gold			0
Decommissioning asset estimation adjustment	0	[1]	0
- Consumables and drilling	0		0
- Contractor	0		0
- Labour	0		0
- Power	0		0
- Other	0		0
Balance	27		27
Valentine [member]
Statement Line Items [Line Items]
Balance at beginning of period	65		65
- Bilboes Gold			0
Decommissioning asset estimation adjustment	0	[1]	0
- Consumables and drilling	0		0
- Contractor	0		0
- Labour	0		0
- Power	0		0
- Other	0		0
Balance	$ 65		$ 65
[1]After further review of the Motapa claims the old tailings storage facility, previously included in the rehabilitation liability, was not within the Caledonia owned claims area. The tailing storage facility was therefore excluded from the rehabilitation liability footprint.

Note 13 - Property, Plant and_3

Note 13 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Statement Line Items [Line Items]
Additions other than through business combinations, property, plant and equipment	$ 5,838	$ 6,008	$ 9,436	$ 9,119
Notional amount	$ 20,000		20,000			$ 12,000
Construction in progress [member]
Statement Line Items [Line Items]
Additions other than through business combinations, property, plant and equipment			$ 868		$ 1,962

Note 13 - Property, Plant and_4

Note 13 - Property, Plant and Equipment - Reconciliation of Changes in Property, Plant, and Equipment (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Statement Line Items [Line Items]
Balance at beginning of period				$ 179,649
Additions*		$ 5,838	$ 6,008	9,436	$ 9,119
Impairments				0	(851)
Balance at end of period		181,027		181,027		$ 179,649
Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				248,124	233,826	233,826
Additions*	[1]			9,436		29,606
Impairments						(908)
Disposals						(33)
Reallocate to assets held for sale						(14,301)
Reallocations between asset classes				0		0
Foreign exchange movement				3		(66)
Balance at end of period		257,563		257,563		248,124
Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						(31)
Foreign exchange movement				3		(41)
Balance at beginning of period				68,475	54,843	54,843
Depreciation				8,058		14,486
Accumulated depreciation for assets reallocated to assets held for sale						(782)
Balance at end of period		76,536		76,536		68,475
Land and buildings [member]
Statement Line Items [Line Items]
Balance at beginning of period				7,324
Balance at end of period		6,767		6,767		7,324
Land and buildings [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				16,686	15,194	15,194
Additions*	[1]			0		0
Impairments						0
Disposals						0
Reallocate to assets held for sale						0
Reallocations between asset classes				0		1,492
Foreign exchange movement				0		0
Balance at end of period		16,686		16,686		16,686
Land and buildings [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						0
Foreign exchange movement				0		0
Balance at beginning of period				9,362	8,350	8,350
Depreciation				557		1,012
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period		9,919		9,919		9,362
Right-of-use assets [member]
Statement Line Items [Line Items]
Balance at beginning of period				156
Balance at end of period		94		94		156
Right-of-use assets [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				501	525	525
Additions*	[1]			0		0
Impairments						0
Disposals						0
Reallocate to assets held for sale						0
Reallocations between asset classes				0		0
Foreign exchange movement				1		(24)
Balance at end of period		502		502		501
Right-of-use assets [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						0
Foreign exchange movement				1		(9)
Balance at beginning of period				345	230	230
Depreciation				62		124
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period		408		408		345
Mining assets [member]
Statement Line Items [Line Items]
Balance at beginning of period				100,592
Balance at end of period		110,641		110,641		100,592
Mining assets [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				118,398	82,154	82,154
Additions*	[1]			128		0
Impairments						(872)
Disposals						0
Reallocate to assets held for sale						0
Reallocations between asset classes				13,409		37,116
Foreign exchange movement				0		0
Balance at end of period		131,935		131,935		118,398
Mining assets [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						(21)
Foreign exchange movement				0		0
Balance at beginning of period				17,806	12,368	12,368
Depreciation				3,488		5,459
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period		21,294		21,294		17,806
Assets under construction and decommissioning assets [member]
Statement Line Items [Line Items]
Balance at beginning of period	[2]			34,842
Balance at end of period	[2]	31,225		31,225		34,842
Assets under construction and decommissioning assets [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				35,628	46,453	46,453
Additions*	[1]			8,841		28,276
Impairments						0
Disposals						0
Reallocate to assets held for sale						0
Reallocations between asset classes				(12,412)		(39,099)
Foreign exchange movement				0		(2)
Balance at end of period		32,057		32,057		35,628
Assets under construction and decommissioning assets [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments	[2]					0
Foreign exchange movement	[2]			0		0
Balance at beginning of period	[2]			786	693	693
Depreciation				46		93	[2]
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period	[2]	832		832		786
Plant and equipment [member]
Statement Line Items [Line Items]
Balance at beginning of period				35,625
Balance at end of period		31,356		31,356		35,625
Plant and equipment [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				71,445	70,485	70,485
Additions*	[1]			429		538
Impairments						(36)
Disposals						(33)
Reallocate to assets held for sale						0
Reallocations between asset classes				(997)		491
Foreign exchange movement				0		0
Balance at end of period		70,877		70,877		71,445
Plant and equipment [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						(10)
Foreign exchange movement				0		0
Balance at beginning of period				35,820	29,257	29,257
Depreciation				3,701		6,573
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period		39,521		39,521		35,820
Fixtures and fittings [member]
Statement Line Items [Line Items]
Balance at beginning of period				606
Balance at end of period		557		557		606
Fixtures and fittings [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				1,861	1,563	1,563
Additions*	[1]			38		335
Impairments						0
Disposals						0
Reallocate to assets held for sale						0
Reallocations between asset classes				0		0
Foreign exchange movement				2		(37)
Balance at end of period		1,901		1,901		1,861
Fixtures and fittings [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						0
Foreign exchange movement				2		(30)
Balance at beginning of period				1,255	1,100	1,100
Depreciation				87		185
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period		1,344		1,344		1,255
Motor vehicles [member]
Statement Line Items [Line Items]
Balance at beginning of period				504
Balance at end of period		387		387		504
Motor vehicles [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period				3,605	3,314	3,314
Additions*	[1]			0		294
Impairments						0
Disposals						0
Reallocate to assets held for sale						0
Reallocations between asset classes				0		0
Foreign exchange movement				0		(3)
Balance at end of period		3,605		3,605		3,605
Motor vehicles [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						0
Foreign exchange movement				0		(2)
Balance at beginning of period				3,101	2,845	2,845
Depreciation				117		258
Accumulated depreciation for assets reallocated to assets held for sale						0
Balance at end of period		3,218		3,218		3,101
Solar plant [member]
Statement Line Items [Line Items]
Balance at beginning of period				0
Balance at end of period		0		0		0
Solar plant [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Balance at beginning of period	[3]			0	14,138	14,138
Additions*	[1],[3]			0		163
Impairments	[3]					0
Disposals	[3]					0
Reallocate to assets held for sale	[3]					(14,301)
Reallocations between asset classes	[3]			0		0
Foreign exchange movement	[3]			0		0
Balance at end of period	[3]	0		0		0
Solar plant [member] | Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Impairments						0
Foreign exchange movement				0		0
Balance at beginning of period				0	$ 0	0
Depreciation				0		782
Accumulated depreciation for assets reallocated to assets held for sale						(782)
Balance at end of period		$ 0		$ 0		$ 0
[1]Included in additions is the change in estimate for the decommissioning asset of ($868) (2023: $1,962) due to change in the Life of Mine (“LoM”) estimate to 2041.[2]Accumulated depreciation and depreciation under Assets under construction and decommissioning assets include depreciation on decommissioning assets.[3]The solar plant was fully commissioned on February 2, 2023 and the sale agreement between Caledonia Mining Corporation Plc and Caledonia Mining Services (Private) Limited was concluded for the sale of the solar plant. Depreciation on the solar plant commenced on February 2, 2023 and the power purchase agreement, between Caledonia Mining Services (Private) Limited and Blanket Mine, became effective. From September 28, 2023 the solar plant is classified as held for sale. In December 2022, the Caledonia board approved a proposal for Caledonia Mining Services (Private) Limited (which owns the solar plant) to issue loan notes pursuant to a loan note instrument (“bonds”) up to a value of $12 million. The decision was taken in order to optimise the capital structure of the Group and provide additional debt instruments to the Zimbabwean financial market. Refer to note 21.1 for more information on these loan notes.

Note 14 - Inventories (Details

Note 14 - Inventories (Details Textual) $ in Thousands	Jun. 30, 2024 USD ($) oz	Dec. 31, 2023 USD ($) oz
Statement Line Items [Line Items]
Provision for obsolete stock | $	$ 1,793	$ 1,793
Gold, work in progress (Ounce) | oz	1,066	3,057

Note 14 - Inventories - Compone

Note 14 - Inventories - Components of Inventory (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Consumable stores*	[1]	$ 19,437	$ 18,001
Gold in progress @	[2]	964	2,303
Inventories		$ 20,401	$ 20,304
[1]Included in consumables stores is an amount of ($1,793) ( December 31, 2023: ($1,793)) for provision for obsolete stock for items that are not compatible with plant and equipment currently in use.[2]Gold work in progress balance as at June 30, 2024 consists of 1,066 ounces ( December 31, 2023: 3,057 ounces).

Note 15 - Trade and Other Rec_3

Note 15 - Trade and Other Receivables (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Statement Line Items [Line Items]
VAT receivables offset against liabilities	$ 1.8

Note 15 - Trade and Other Rec_4

Note 15 - Trade and Other Receivables - Components of Trade and Other Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Bullion sales receivable	$ 3,844	$ 5,403
VAT receivables	3,612	4,259
Deposits for stores, equipment and other receivables	426	290
Trade and other current receivables	$ 7,882	$ 9,952

Note 16 - Prepayments - Schedul

Note 16 - Prepayments - Schedule of Prepayments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Other prepayments	$ 177	$ 265
Current prepayments and other current assets	5,287	2,538
South African operations [member]
Statement Line Items [Line Items]
Suppliers	681	527
Zimbabwean operations [member] | Currency, USD [member] | Blanket Mine [member]
Statement Line Items [Line Items]
Suppliers	1,482	808
Zimbabwean operations [member] | Currency, Zimbabwe Gold (ZiG) [member] | Blanket Mine [member]
Statement Line Items [Line Items]
Suppliers	2,947	0
Zimbabwean operations [member] | Currency, Zimbabwe RTGS [member] | Blanket Mine [member]
Statement Line Items [Line Items]
Suppliers	$ 0	$ 938

Note 17 - Cash and Cash Equiv_3

Note 17 - Cash and Cash Equivalents (Details Textual) - Term loans, CABS Bank, two [member] - Short-term borrowings [member] $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Statement Line Items [Line Items]
Borrowings, term (Year)	3 years
Repayments of borrowings, classified as financing activities	$ 2

Note 17 - Cash and Cash Equiv_4

Note 17 - Cash and Cash Equivalents - Components of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Statement Line Items [Line Items]
Bank balances		$ 15,412		$ 4,252
Restricted cash	[1]	0		2,456
Cash and cash equivalents, total		15,412		6,708
Bank overdrafts and short term loans used for cash management purposes		(16,778)		(17,740)
Net cash and cash equivalents, total		$ (1,366)	$ (14,160)	$ (11,032)	$ (2,907)	$ 3,190	$ 1,496
[1]Cash of $2,456 (denominated in RTGS$) held by Blanket Mine was earmarked by Stanbic Bank Zimbabwe as a letter of credit in favour of CMSA. The letter of credit was issued by Stanbic Bank Zimbabwe on November 28, 2023 and settled in January, 2024. The cash on maturity was transferred to CMSA’s bank account, denominated in South African Rands.

Note 17 - Cash and Cash Equiv_5

Note 17 - Cash and Cash Equivalents - Overdrafts and Short Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2022
Statement Line Items [Line Items]
Principal value	$ 20,000	$ 12,000
Balance drawn	16,800
Undrawn amount	3,200
Overdraft facility of Stanbic Bank, RTG [member]
Statement Line Items [Line Items]
Principal value	6,500
Balance drawn	0
Undrawn amount	6,500
Overdraft facility of Stanbic Bank, USD [member]
Statement Line Items [Line Items]
Principal value	4,000
Balance drawn	3,400
Undrawn amount	600
Term loans, CABS Bank, one [member]
Statement Line Items [Line Items]
Principal value	2,000
Balance drawn	1,900
Undrawn amount	100
Term loans, CABS Bank, two [member]
Statement Line Items [Line Items]
Principal value	3,000
Balance drawn	3,000
Undrawn amount	0
Overdraft facility of Ecobank [member]
Statement Line Items [Line Items]
Principal value	4,000
Balance drawn	4,000
Undrawn amount	0
Nedbank Zimbabwe [member]
Statement Line Items [Line Items]
Principal value	7,000
Balance drawn	4,500
Undrawn amount	$ 2,500

Note 18 - Assets and Liabilit_3

Note 18 - Assets and Liabilities Associated With Assets Held for Sale (Details Textual) $ in Thousands	Sep. 28, 2023 USD ($)
Blanket Mine [member] | Non-current assets or disposal groups classified as held for sale [member]
Statement Line Items [Line Items]
Impairment loss	$ 0

Note 18 - Assets and Liabilit_4

Note 18 - Assets and Liabilities Associated With Assets Held for Sale - Non-current Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Assets held for sale (note 18)	$ 13,484
Site restoration liability	93	$ 128
Blanket Mine [member]
Statement Line Items [Line Items]
Assets held for sale (note 18)	13,484	13,519
Site restoration liability	$ 93	$ 128

Note 19 - Share Capital (Detail

Note 19 - Share Capital (Details Textual) - $ / shares		6 Months Ended		12 Months Ended
	Jun. 14, 2024	Jun. 30, 2024		Dec. 31, 2023
Issued capital [member]
Statement Line Items [Line Items]
Increase (decrease) in number of ordinary shares issued (in shares)				1,207,514
Ordinary shares [member]
Statement Line Items [Line Items]
Par value per share (in dollars per share)		$ 0
Ordinary shares [member] | Issued capital [member]
Statement Line Items [Line Items]
Increase (decrease) in number of ordinary shares issued (in shares)	5,000	5,000	[1]
Exercise price, share options granted (in dollars per share)	$ 7.35
Preference shares [member]
Statement Line Items [Line Items]
Par value per share (in dollars per share)		$ 0
[1]A consultant of Caledonia signed his option exercise notice on June 14, 2024 to purchase 5,000 shares at the exercise price of $7.35 per option share. The shares were issued on July 5, 2024 when his payment was received in the bank account of Caledonia.

Note 19 - Share Capital - Issue

Note 19 - Share Capital - Issued Ordinary Shares (Details) - USD ($) $ in Thousands			6 Months Ended			12 Months Ended
		Jun. 14, 2024	Jun. 30, 2024		Jun. 30, 2023	Dec. 31, 2023
Statement Line Items [Line Items]
Balance			$ 264,192		$ 193,459	$ 193,459
Issued amount - share-based payment - employees (note 12.1(a))			592		331
Issued amount - Bilboes Gold Limited acquisition (note 5)					65,677
- options exercised*			37
Balance			$ 271,974		$ 263,181	$ 264,192
Issued capital [member]
Statement Line Items [Line Items]
Number of fully paid shares issued (in shares)			19,188,073		12,833,126	12,833,126
Balance			$ 165,068		$ 83,471	$ 83,471
Issued amount - share-based payment - employees (note 12.1(a))			0		0
Shares issued- equity raise (in shares)						1,207,514
Issued amount - equity raise						$ 15,569
Issued amount - Bilboes Gold Limited acquisition (note 5)					65,677
- options exercised*			$ 37
Number of fully paid shares issued (in shares)			19,199,860			19,188,073
Balance			$ 165,188		$ 165,157	$ 165,068
Issued capital [member] | Ordinary shares [member]
Statement Line Items [Line Items]
Shares issued- equity raise (in shares)		5,000	5,000	[1]
- options exercised*	[1]		$ 37
Issued capital [member] | Assets of Bilboes Gold Limited [member]
Statement Line Items [Line Items]
- Bilboes Gold Limited acquisition (in shares)						5,123,044
Issued amount - Bilboes Gold Limited acquisition (note 5)						$ 65,677
Issued capital [member] | Payments to employees [member]
Statement Line Items [Line Items]
Shares issued - share-based payment - employees (note 12.1(a)) (in shares)			6,787			24,389
Issued amount - share-based payment - employees (note 12.1(a))			$ 83			$ 351
[1]A consultant of Caledonia signed his option exercise notice on June 14, 2024 to purchase 5,000 shares at the exercise price of $7.35 per option share. The shares were issued on July 5, 2024 when his payment was received in the bank account of Caledonia.

Note 20 - Provisions (Details T

Note 20 - Provisions (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Provision for decommissioning, restoration and rehabilitation costs for Blanket mine [member]
Statement Line Items [Line Items]
Major assumptions made concerning future events, other provisions, discount rate	4.61%	4.14%
Major assumptions made concerning future events, other Provisions, inflation rate	2.37%	2.40%
Other provisions, undiscounted cash flows	$ 5,950	$ 5,629
Provision for decommissioning, restoration and rehabilitation costs for Bilboes Holdings [member]
Statement Line Items [Line Items]
Other provisions, undiscounted cash flows	4,466	4,466
Provision for decommissioning, restoration and rehabilitation costs for Motapa [member]
Statement Line Items [Line Items]
Other provisions, undiscounted cash flows	567	1,466
Provision for decommissioning, restoration and rehabilitation costs for Maligreen [member]
Statement Line Items [Line Items]
Other provisions, undiscounted cash flows	$ 287	$ 287

Note 20 - Provisions - Reconcil

Note 20 - Provisions - Reconciliation of Site Restoration Provision (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Statement Line Items [Line Items]
Unwinding of discount (note 11)		$ 0	$ 30	$ (198)	$ (36)
Provision for decommissioning, restoration and rehabilitation costs for Blanket mine [member]
Statement Line Items [Line Items]
Balance				4,766	2,823	$ 2,823
Unwinding of discount (note 11)				198		109
Change in estimate	[1]			(868)		1,834
Balance		4,096		4,096		4,766
Balance		4,096		4,096		4,766
Provision for decommissioning, restoration and rehabilitation costs for Motapa, Maligreen, and Bilboes [member]
Statement Line Items [Line Items]
Balance				6,219	$ 135	135
Balance		5,320		5,320		6,219
Balance		5,320		5,320		6,219
Provision for decommissioning, restoration and rehabilitation costs for Motapa [member]
Statement Line Items [Line Items]
Change in estimate	[2]			(899)		1,466
Provision for decommissioning, restoration and rehabilitation costs for Maligreen [member]
Statement Line Items [Line Items]
Change in estimate				0		152
Provision for decommissioning, restoration and rehabilitation costs for Bilboes Holdings [member]
Statement Line Items [Line Items]
Acquisition - Bilboes				0		4,466
Provision for decommissioning, restoration and rehabilitation costs [member]
Statement Line Items [Line Items]
Balance				10,985
Balance		9,416		9,416		10,985
Balance		9,416		9,416		10,985
Current		0		0		0
Non-current		$ 9,416		$ 9,416		$ 10,985
[1]The change in estimate is due to the Blanket Mine’s LoM that was extended to 2041 (that is inclusive of inferred resources and it is based on an internal estimate representing management’s best estimate of the LoM inclusive of the latest drilling results).[2]After further review of the Motapa claims the old tailings storage facility, previously included in the rehabilitation liability, is not within the Caledonia claims area. The Tailing storage facility was subsequently excluded from the rehabilitation liability footprint.

Note 21 - Loan Notes (Details T

Note 21 - Loan Notes (Details Textual) - USD ($) $ in Millions	Feb. 02, 2023	Jun. 30, 2024	Dec. 31, 2022	Jun. 23, 2017
Statement Line Items [Line Items]
Borrowings, interest rate				7.25%
Notional amount		$ 20	$ 12
Solar loan notes, February 2, 2023 [member]
Statement Line Items [Line Items]
Borrowings, interest rate	9.50%
Borrowings, term (Year)	3 years
Notional amount	$ 7	$ 9

Note 21 - Loan Notes - Loans (D

Note 21 - Loan Notes - Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Statement Line Items [Line Items]
Interest paid			$ 395	$ 809
Borrowings	$ 9,093		9,093		$ 7,112
Current	855		855		665
Non-current	8,238		8,238		6,447
Borrowings	9,093		9,093		7,112
Balance			7,112
Amounts received	1,939	$ 2,500	1,939	7,000
Finance cost accrued			395	809
Balance	9,093		9,093		7,112
Solar loan notes, February 2, 2023 [member]
Statement Line Items [Line Items]
Interest paid			395	197
Borrowings	9,093		9,093		7,112
Borrowings	9,093		9,093		7,112
Balance			7,112
Finance cost accrued			395	197
Balance	9,093		9,093		7,112
Solar loan notes, February 2, 2023 [member] | Caledonia mining services (Private) Limited [member]
Statement Line Items [Line Items]
Interest paid			395		549
Borrowings	9,093		9,093		7,112
Current	855		855		665
Non-current	8,238		8,238		6,447
Borrowings	9,093		9,093		7,112
Balance			7,112	0	0
Amounts received			2,000		7,000
Transaction costs			(61)		(105)
Finance cost accrued			395		549
Finance cost paid			(353)		(332)
Balance	$ 9,093		9,093		$ 7,112
Motapa [member]
Statement Line Items [Line Items]
Interest paid			0	612
Finance cost accrued			$ 0	$ 612

Note 22 - Trade and Other Pay_3

Note 22 - Trade and Other Payables - Components (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement Line Items [Line Items]
Trade payables	$ 4,222	$ 6,166
Electricity accrual	3,771	2,676
Audit fee	232	395
Dividends due	1,608	1,048
Other payables	1,021	692
Financial liabilities	10,854	10,977
Production and management bonus accrual - Blanket Mine	785	214
Other employee benefits - other	1,613	2,229
Other employee benefits - settlements	0	1,588
Leave pay	3,498	2,655
Bonus provision	70	190
Accruals	1,983	2,650
Non-financial liabilities	7,949	9,526
Total	$ 18,803	$ 20,503

Note 23 - Cash Flow Informati_3

Note 23 - Cash Flow Information - Non-cash Items and Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Operating profit	$ 16,293	$ 2,581	$ 22,366	$ 2,581
Impairment of property, plant and equipment (note 13)			0	851
Unrealised foreign exchange gains (note 7)			(639)	(3,983)
Fair value loss on derivative instruments			476	488
Cash-settled share-based expense (note 9.1)			57	271
Share-based expense included in production costs (note 6)			152	386
Cash portion of cash-settled share-based expense			(690)	(1,673)
Expense from equity-settled share-based payment transactions	305	221	506	331
Depreciation (note 13)			8,058	5,664
Cash generated from operations before working capital changes			30,286	4,916
Inventories			(83)	(1,005)
Prepayments			(2,037)	(148)
Trade and other receivables			1,972	894
Trade and other payables			(2,615)	(3,991)
Cash generated from operations	$ 20,988	$ 2	$ 27,523	$ 666

Note 24 - Operating Segments (D

Note 24 - Operating Segments (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) oz	Jun. 30, 2023 USD ($) oz
Statement Line Items [Line Items]
Revenue	$ 50,107	$ 37,031	$ 88,635	$ 66,466
Fidelity Printers [member]
Statement Line Items [Line Items]
Revenue			24,749	48,728
AEG [member]
Statement Line Items [Line Items]
Receipts from sales of goods and rendering of services			$ 63,886	$ 17,738
Mass of gold sold (Ounce) | oz			29,539	9,083

Note 24 - Operating Segments -

Note 24 - Operating Segments - Financial Statements (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Statement Line Items [Line Items]
Revenue	$ 50,107	$ 37,031	$ 88,635	$ 66,466
Inter-segmental revenue			0	0
Royalty	(2,475)	(1,963)	(4,409)	(3,443)
Production costs	(20,460)	(20,726)	(39,420)	(40,576)
Depreciation	(4,239)	(3,409)	(8,058)	(5,664)
Net foreign exchange (loss) gain	(2,014)	(3,610)	(6,153)	(2,077)
Administrative expenses	(3,664)	(3,183)	(6,275)	(9,122)
Net derivative financial instrument expense	(174)	(54)	(476)	(488)
Equity-settled share-based expense	(305)	(221)	(506)	(331)
Cash-settled share-based expense	(4)	9	(57)	(271)
Other expenses	(664)	(1,461)	(1,264)	(2,099)
Other income	185	168	349	186
Management fee			0	0
Finance income	3	4	9	9
Finance cost	(797)	(1,061)	(1,529)	(1,833)
Profit (loss) before tax	15,499	1,524	20,846	757
Tax expense	(5,151)	(1,273)	(7,681)	(4,775)
(Loss) profit for the period	10,348	251	13,165	(4,018)
Non-Current (excluding intercompany)	275,743	269,286	275,743	269,286	$ 274,074
Current (excluding intercompany, including Assets held for sale)	62,760	44,605	62,760	44,605	54,229
Expenditure on evaluation and exploration assets (note 12)			1,163	69,837
Additions other than through business combinations, property, plant and equipment	5,838	6,008	9,436	9,119
Assets held for sale (note 18)	13,484		13,484
Intercompany balances	0	0	0	0
Current (excluding intercompany)	(41,249)	(36,931)	(41,249)	(36,931)	(40,133)
Non-current (excluding intercompany)	(25,280)	(13,779)	(25,280)	(13,779)	(23,978)
Intercompany balances	0	0	0	0
Non-current (excluding intercompany)	25,280	13,779	25,280	13,779	23,978
Elimination of intersegment amounts [member]
Statement Line Items [Line Items]
Revenue			0	0
Inter-segmental revenue			(8,149)	(5,832)
Royalty			0	0
Production costs			7,660	5,199
Depreciation			502	648
Net foreign exchange (loss) gain			(20)	(5)
Administrative expenses			3	6
Net derivative financial instrument expense			0	0
Equity-settled share-based expense			0	0
Cash-settled share-based expense			0	386
Other expenses			0	0
Other income			(3)	0
Management fee			0	0
Finance income			(1,348)	0
Finance cost			1,348	0
Profit (loss) before tax			(7)	402
Tax expense			39	(99)
(Loss) profit for the period			32	303
Non-Current (excluding intercompany)	(5,188)	(6,822)	(5,188)	(6,822)
Current (excluding intercompany, including Assets held for sale)	(1,697)	(30)	(1,697)	(30)
Expenditure on evaluation and exploration assets (note 12)			0	0
Additions other than through business combinations, property, plant and equipment			(397)	(2,023)
Assets held for sale (note 18)	0		0
Intercompany balances	(115,866)	(141,193)	(115,866)	(141,193)
Current (excluding intercompany)	0	0	0	0
Non-current (excluding intercompany)	43	17	43	17
Intercompany balances	115,866	141,193	115,866	141,193
Non-current (excluding intercompany)	(43)	(17)	(43)	(17)
Material reconciling items [member]
Statement Line Items [Line Items]
Revenue			0	0
Inter-segmental revenue			0	0
Royalty			0	0
Production costs			0	0
Depreciation			(21)	(21)
Net foreign exchange (loss) gain			(69)	882
Administrative expenses			(4,323)	(5,408)
Net derivative financial instrument expense			(476)	(488)
Equity-settled share-based expense			(506)	(331)
Cash-settled share-based expense			(57)	(657)
Other expenses			0	0
Other income			203	9
Management fee			0	0
Finance income			1,047	0
Finance cost			(900)	(320)
Profit (loss) before tax			(5,102)	(6,334)
Tax expense			(160)	(300)
(Loss) profit for the period			(5,262)	(6,634)
Non-Current (excluding intercompany)	(2,452)	103	(2,452)	103
Current (excluding intercompany, including Assets held for sale)	1,476	9,236	1,476	9,236
Expenditure on evaluation and exploration assets (note 12)			0	0
Additions other than through business combinations, property, plant and equipment			2	(11,438)
Assets held for sale (note 18)	0		0
Intercompany balances	52,775	83,369	52,775	83,369
Current (excluding intercompany)	(1,666)	(4,793)	(1,666)	(4,793)
Non-current (excluding intercompany)	(212)	(253)	(212)	(253)
Intercompany balances	(56,656)	(76,517)	(56,656)	(76,517)
Non-current (excluding intercompany)	212	253	212	253
Blanket Mine [member]
Statement Line Items [Line Items]
Revenue			86,937	64,152
Inter-segmental revenue			0	0
Royalty			(4,324)	(3,327)
Production costs			(38,161)	(32,567)
Depreciation			(8,472)	(6,199)
Net foreign exchange (loss) gain			(6,022)	(2,716)
Administrative expenses			(475)	(83)
Net derivative financial instrument expense			0	0
Equity-settled share-based expense			0	0
Cash-settled share-based expense			0	0
Other expenses			(1,245)	(1,240)
Other income			147	43
Management fee			(1,457)	(1,629)
Finance income			0	0
Finance cost			(1,830)	(1,724)
Profit (loss) before tax			25,098	14,710
Tax expense			(7,218)	(4,207)
(Loss) profit for the period			17,880	10,503
Non-Current (excluding intercompany)	189,863	192,373	189,863	192,373
Current (excluding intercompany, including Assets held for sale)	59,866	31,031	59,866	31,031
Expenditure on evaluation and exploration assets (note 12)			0	0
Additions other than through business combinations, property, plant and equipment			9,857	22,077
Assets held for sale (note 18)	13,484		13,484		$ 13,519
Intercompany balances	45,237	43,473	45,237	43,473
Current (excluding intercompany)	(35,200)	(30,290)	(35,200)	(30,290)
Non-current (excluding intercompany)	(20,078)	(12,692)	(20,078)	(12,692)
Intercompany balances	(16,040)	(23,322)	(16,040)	(23,322)
Non-current (excluding intercompany)	20,078	12,692	20,078	12,692
South African operations [member]
Statement Line Items [Line Items]
Revenue			0	0
Inter-segmental revenue			8,149	5,832
Royalty			0	0
Production costs			(7,338)	(5,674)
Depreciation			(67)	(71)
Net foreign exchange (loss) gain			16	(138)
Administrative expenses			(1,455)	(1,578)
Net derivative financial instrument expense			0	0
Equity-settled share-based expense			0	0
Cash-settled share-based expense			0	0
Other expenses			0	0
Other income			1	13
Management fee			1,457	1,629
Finance income			310	9
Finance cost			(4)	212
Profit (loss) before tax			1,069	234
Tax expense			(337)	(125)
(Loss) profit for the period			732	109
Non-Current (excluding intercompany)	630	325	630	325
Current (excluding intercompany, including Assets held for sale)	2,432	3,570	2,432	3,570
Expenditure on evaluation and exploration assets (note 12)			0	0
Additions other than through business combinations, property, plant and equipment			(26)	(369)
Assets held for sale (note 18)	0		0
Intercompany balances	17,806	14,351	17,806	14,351
Current (excluding intercompany)	(2,413)	(1,793)	(2,413)	(1,793)
Non-current (excluding intercompany)	0	(43)	0	(43)
Intercompany balances	(35,837)	(34,542)	(35,837)	(34,542)
Non-current (excluding intercompany)	0	43	0	43
Bilboes Oxide Mine[member]
Statement Line Items [Line Items]
Revenue			1,698	2,314
Inter-segmental revenue			0	0
Royalty			(85)	(116)
Production costs			(1,581)	(7,534)
Depreciation			0	(21)
Net foreign exchange (loss) gain			(58)	(100)
Administrative expenses			(21)	(2,059)
Net derivative financial instrument expense			0	0
Equity-settled share-based expense			0	0
Cash-settled share-based expense			0	0
Other expenses			(19)	(859)
Other income			1	121
Management fee			0	0
Finance income			0	0
Finance cost			(96)	(1)
Profit (loss) before tax			(161)	(8,255)
Tax expense			(5)	(44)
(Loss) profit for the period			(166)	(8,299)
Non-Current (excluding intercompany)	0	0	0	0
Current (excluding intercompany, including Assets held for sale)	0	0	0	0
Expenditure on evaluation and exploration assets (note 12)			0	0
Additions other than through business combinations, property, plant and equipment			0	872
Assets held for sale (note 18)	0		0
Intercompany balances	48	0	48	0
Current (excluding intercompany)	0	0	0	0
Non-current (excluding intercompany)	0	0	0	0
Intercompany balances	0	0	0	0
Non-current (excluding intercompany)	0	0	0	0
Evaluation and exploration assets [member]
Statement Line Items [Line Items]
Revenue			0	0
Inter-segmental revenue			0	0
Royalty			0	0
Production costs			0	0
Depreciation			0	0
Net foreign exchange (loss) gain			0	0
Administrative expenses			(4)	0
Net derivative financial instrument expense			0	0
Equity-settled share-based expense			0	0
Cash-settled share-based expense			0	0
Other expenses			0	0
Other income			0	0
Management fee			0	0
Finance income			0	0
Finance cost			(47)	0
Profit (loss) before tax			(51)	0
Tax expense			0	0
(Loss) profit for the period			(51)	0
Non-Current (excluding intercompany)	92,890	83,307	92,890	83,307
Current (excluding intercompany, including Assets held for sale)	683	798	683	798
Expenditure on evaluation and exploration assets (note 12)			1,163	69,837
Additions other than through business combinations, property, plant and equipment			0	0
Assets held for sale (note 18)	0		0
Intercompany balances	0	0	0	0
Current (excluding intercompany)	(1,970)	(55)	(1,970)	(55)
Non-current (excluding intercompany)	(5,033)	(774)	(5,033)	(774)
Intercompany balances	(7,333)	(6,812)	(7,333)	(6,812)
Non-current (excluding intercompany)	$ 5,033	$ 774	$ 5,033	$ 774

Note 25 - Supplemental Disclo_3

Note 25 - Supplemental Disclosure of Cash Flow Items - Schedule of Supplemental Items (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement Line Items [Line Items]
Finance cost (note 11)	$ 797	$ 1,061	$ 1,529	$ 1,833
Net loan note movements included in Loan notes (note 21)	(85)	145	(43)	(355)
Unwinding of discount (note 11)	0	30	(198)	(36)
Non cash - Finance cost on leases	(2)	(5)	(5)	(11)
Finance cost paid	710	1,231	1,283	1,431
Opening balance of net income tax payable	22	2,128	(1,110)	1,284
Current tax expense	4,935	1,682	7,544	3,915
Acquisition of Bilboes Gold tax liability (note 5)	0	0	0	10
Foreign currency movement	116	(401)	(280)	(455)
Closing balance of net income tax payable	(3,878)	(2,408)	(3,878)	(2,408)
Tax paid	1,195	1,001	2,276	2,346
Additions (note 13)	5,838	6,008	9,436	9,119
Net property, plant and equipment included in prepayments	656	(77)	662	1,218
Net property, plant and equipment included in trade and other payables	323	137	(328)	294
Change in estimate for decommissioning asset - adjustment capitalised in property, plant and equipment (note 20)	80	(59)	868	(29)
Acquisition of property, plant and equipment	6,897	6,009	10,638	10,602
Opening balance dividends due	4,481	1,598	1,048	1,883
Dividends declared	0	5,439	6,129	7,578
Dividends declared and outstanding BETS	39	(86)	63	(86)
Closing balance dividends due	(1,608)	(4,058)	(1,608)	(4,058)
Dividends paid	$ 2,912	$ 2,893	$ 5,632	$ 5,317

Note 26 - Subsequent Events (De

Note 26 - Subsequent Events (Details Textual) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jul. 31, 2024	Jun. 30, 2024		Jun. 30, 2023
Statement Line Items [Line Items]
Benefits paid or payable		$ 2,400
Dividends recognised as distributions to owners		$ 6,129	[1]	$ 7,578
Distribution to owners [member]
Statement Line Items [Line Items]
Dividends recognised as distributions to owners	$ 2,700
[1]Dividends of $2.7 million declared on January 2, 2024 were paid on January 26, 2024. Dividends of $2.7 million declared on March 27, 2024 were paid on April 26, 2024. Dividends to NCI declared and accrued for during the period amounted to $756. $259 of the NCI dividends declared during 2023 was paid during the period.