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Note 26 - Share-based Expenses (Tables)
12 Months Ended
Dec. 31, 2018
Statement Line Items [Line Items]  
Explanation of effect of share-based payments on entity's profit or loss [text block]
 
 
Note
 
 
2018
 
 
2017
 
 
2016
 
Share option programmes  
26.1 (a)
   
 
14
     
29
     
170
 
Facilitation and advanced dividend loan modification  
26.1 (b)
   
 
—  
     
806
     
—  
 
   
 
   
 
14
     
835
     
170
 
    Note     2018     2017     2016  
                         
Restricted Share Units and Performance Share Units  
26.2.(a)
     
218
     
853
     
618
 
Caledonia Mining South Africa employee incentive scheme  
26.2.(b)
     
97
     
123
     
—  
 
   
 
     
315
     
976
     
618
 
Disclosure of range of exercise prices of outstanding share options [text block]
Number of Options     Exercise Price     Expiry Date
      Canadian $      
  5,000      
4.00
   
Oct 8, 2020
  18,000      
11.50
   
Oct 13, 2021
  5,000      
8.10
   
May 30, 2022
  10,000      
9.30
   
Aug 25, 2024
  38,000              
Disclosure of number and weighted average exercise prices of share options [text block]
   
Number of Options
*
    Weighted Avg. Exercise Price  
          Canadian $*  
             
Options outstanding and exercisable at January 1, 2016    
448,184
     
5.40
 
Expired or forfeited    
(232,200
)    
6.50
 
Granted    
18,000
     
11.50
 
Exercised    
(141,704
)    
4.15
 
Options outstanding and exercisable at December 31, 2016    
92,280
     
5.85
 
Granted    
5,000
     
8.10
 
Exercised    
(69,280
)    
4.50
 
Options outstanding and exercisable at December 31, 2017    
28,000
     
9.55
 
Granted    
10,000
     
9.30
 
Exercised    
—  
     
 
Options outstanding and exercisable at December 31, 2018    
38,000
     
9.48
 
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period [text block]
Options granted    
10,000
     
* 5,000
     
* 18,000
 
Grant date    
February 27, 2018
     
May 30, 2018
     
October 13, 2017
 
Risk-free interest rate    
2,86
%    
2.40
%    
0.53
%
Expected stock price volatility (based on historical volatility)    
32
%    
118
%    
119
%
Expected option life in years    
3
     
3
     
5
 
Exercise price    
CAD 9.30
     
*
CAD 8.10
     
* CAD 11.50
 
Share price at grant date    
CAD 9.30
     
* CAD 8.10
     
* CAD 11.50
 
Fair value at grant date  
$1.40
   
* $5.81
   
* $9.45
 
    *2018     *2017  
    RSUs     PSUs     RSUs     PSUs  
Fair value ($)   $
5.46
    $
5.46
    $
7.37
    $
7.17
 
Share price ($)   $
5.46
    $
5.46
    $
7.37
    $
7.37
 
Performance multiplier percentage    
—  
     
85
%    
—  
     
94
%
Share units granted:                                
     
RSUs
     
PSUs
     
RSUs
     
PSUs
 
Grant - January 11, 2016    
60,645
     
242,579
     
60,645
     
242,579
 
Grant - March 23, 2016    
10,965
     
43,871
     
10,965
     
43,871
 
Grant - June 8, 2016    
5,117
     
20,470
     
5,117
     
20,470
 
Grant - January 19, 2017    
4,443
     
17,774
     
4,443
     
17,774
 
RSU dividend reinvestments    
10,960
     
—  
     
7,324
     
—  
 
Total awards at December 31    
92,130
     
324,694
     
88,494
     
324,694
 
Disclosure of indirect measurement of fair value of goods or services received, other equity instruments granted during period [text block]
    2018     2017  
    Awards  
Grant - July 2017 (3 year term)    
37,330
     
37,330
 
Grant - August 2018 (3 year term)    
5,918
     
—  
 
Awards paid out    
(26,864
)    
—  
 
Total awards outstanding December 31    
16,384
     
37,330
 
                 
Estimated awards expected to vest at December 31    
100
%    
100
%
Faciliation and advanced dividend loans [member]  
Statement Line Items [Line Items]  
Disclosure of indirect measurement of fair value of goods or services received, other equity instruments granted during period [text block]
Modification date    
June 23, 2017
 
Blanket Mine dividend yield    
23.70% - 89.88%
 
Risk free interest rate    
$ swap curve
 
Group market capitalisation at grant date ($’000)   $
68,436