Caledonia Mining Corporation PLC chief financial officer Ross Jerrard talked with Proactive's Stephen Gunnion about the company’s platform for growth and operational focus as he settles into his role.
Jerrard, who recently joined Caledonia, brings significant experience from his tenure as CFO at Centamin, where he helped reshape the Sukari Gold Mine into a cornerstone asset. Now at Caledonia, he sees strong parallels and opportunities, particularly at the Blanket mine.
He emphasised that, “we've got the perfect opportunity to really transform the company into a serious multi-asset business over the next 3 to 5 years.” Jerrard highlighted the strength of Blanket as a consistent gold producer and the potential to build on that foundation through existing in-house projects.
He also pointed to a dual focus on cost discipline and strategic capital allocation. Rather than cutting costs aggressively, the company is concentrating on sustainable efficiencies. Alongside this, Jerrard stressed the importance of managing cash flows in both local and US dollar currencies to support reinvestment, growth, and shareholder returns.
A native of Zimbabwe, Jerrard underscored the advantage of Caledonia’s established presence in the country, which includes a skilled, local workforce and strong operational continuity. He believes this foundation, combined with current favourable gold prices, positions the company well for measured expansion.
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