EX-8.1 7 ex_666349.htm EXHIBIT 8.1

Exhibit 8.1

List of Caledonia Mining Corporation Plc group entities

| Country of incorporation | Legal shareholding (year end)
|  | 2023 | 2022 | 2021
Subsidiaries within the Caledonia Mining Corporation Plc Group |  | % | % | %
Caledonia Holdings Zimbabwe (Private) Limited (1) | Zimbabwe | 100 | 100 | 100
Caledonia Mining Services (Private) Limited | Zimbabwe | 100 | 100 | 100
Fintona Investments Proprietary Limited | South Africa | 100 | 100 | 100
Caledonia Mining South Africa Proprietary Limited (1) | South Africa | 100 | 100 | 100
Greenstone Management Services Holdings Limited | United Kingdom | 100 | 100 | 100
Blanket Mine (1983) (Private) Limited (2) | Zimbabwe | 64 | 64 | 64
Caledonia (Connemara) (Pvt) Limited (2) | Zimbabwe | 100 | 100 | 100
Caledonia (Maligreen) (Pvt) Limited (2) | Zimbabwe | 100 | 100 | 100
Motapa Mining Company UK Limited | United Kingdom | 100 | 100 | -
Arraskar Investments (Private) Limited (3) | Zimbabwe | 100 | 100 | -
Bilboes Gold Limited | Mauritius | 100 | 100 | -
Bilboes Holdings (Private) Limited (4) | Zimbabwe | 100 | 100 | -
Caledonia Mining FZCO (1) | Dubai | 100 | 100 | -
Caledonia (Bilboes & Motapa) (Private) Limited (3) | Zimbabwe | 100 | - |

| 1. | Direct subsidiary of Greenstone Management Services Holdings Limited (United Kingdom)

| 2. | Direct subsidiary of Caledonia Holdings Zimbabwe (Private) Limited

| 3. | Direct subsidiary of Motapa Mining Company UK Limited

| 4. | Direct subsidiary of Bilboes Gold Limited