Caledonia Mining Names July Ndlovu as Independent Non‑Executive Director to Strengthen Board Governance

CMCL
November 05, 2025

Caledonia Mining Corporation Plc announced the appointment of July Ndlovu as an independent non‑executive director, adding a seasoned mining executive with nearly 28 years of experience to its board. Ndlovu previously served as chief executive of Thungela Resources and held senior roles at Anglo American Platinum, and he currently chairs remuneration and human‑capital committees at AECI, a diversified mining and chemicals group operating in 20 countries.

The appointment comes as Caledonia accelerates development of its flagship Zimbabwe projects, Bilboes and Motapa. The Bilboes gold deposit, acquired in January 2023, is undergoing a feasibility study that could unlock 1.5 million ounces of gold over a decade, while the Motapa exploration site, bought in November 2022, has delivered encouraging results that could extend the company’s resource base.

John Kelly, Caledonia’s chairman, said the board is "very pleased to welcome July to the Board as an independent non‑executive director. His extensive and broad‑based experience in scaling and transforming businesses in the mining sector brings valuable perspective as we execute our next stage of growth." Kelly added that Ndlovu’s commitment to responsible leadership, health and safety, and stakeholder engagement aligns with the board’s priorities.

Ndlovu’s track record of leading Thungela Resources through a significant transformation and his experience with Anglo American subsidiaries in Zimbabwe give him deep insight into the operational and regulatory environment that Caledonia is navigating. His expertise is expected to help the company manage the technical, financial, and community‑relations challenges of bringing Bilboes and Motapa to production.

The board’s strengthened governance structure is also intended to reinforce investor confidence as Caledonia pursues a phased development strategy for its Zimbabwe operations. By adding a director with a proven record of delivering value in large‑scale mining projects, the company signals its commitment to disciplined execution and sustainable growth.

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