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Caledonia Mining Posts Strong Q1 Gold Production
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Caledonia Mining Posts Strong Q1 Gold Production

Caledonia Mining (CMCL) has released an update.

Caledonia Mining Corporation reports a robust start to 2024 with a 6% increase in gold production, totaling 17,050 ounces at its Blanket Mine in Zimbabwe, despite 8 fewer production days compared to the same period last year. Gold sales also surged by 17% to 18,450 ounces, bolstering the company’s strong market performance. Caledonia reaffirms its annual production guidance, maintaining its strategic focus on growth and production efficiency.

For further insights into CMCL stock, check out TipRanks’ Stock Analysis page.

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