Caledonia Mining has appointed Ross Jerrard as its new chief financial officer (CFO).

The appointment comes as Chester Goodburn, who has served as CFO at the mining group since July 2022, announced that he is to step down from the role.

During his time at Caledonia, Goodburn has also served as group financial manager and chief information officer. He will stay on in a consultancy basis for a brief period to ensure an orderly transition.

Jerrard brings financial leadership experience to the role at the Jersey-based mining firm, having served as CFO at Centamin from April 2016 until its $2.5bn acquisition by AngloGold Ashanti in November 2024.

He is a member of the Institute of Chartered Accountants of Australia and New Zealand and the Institute of Chartered Accountants of Zimbabwe, where Caledonia has its primary asset.

Chief executive officer at Caledonia, Mark Learmonth, said: "Chester has made a substantial contribution to Caledonia's growth since he joined us in 2014, the last two-and-a-half years as CFO. Along with the board and his colleagues, I thank him for his time at Caledonia and we wish him well in his future endeavours.

"I am pleased to welcome Ross to Caledonia. He brings a depth and breadth of experience which will be invaluable to Caledonia as we advance our strategy to become a mid-tier, Zimbabwe-focussed gold producer."

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