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Caledonia Mining’s Gold Production Soars in Q1 2024
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Caledonia Mining’s Gold Production Soars in Q1 2024

Caledonia Mining (CMCL) has released an update.

Caledonia Mining Corporation reports a strong start to 2024 with a 6% increase in gold production at Blanket Mine in Zimbabwe, reaching 17,050 ounces in Q1 despite 8 fewer production days. Sales for the quarter soared by 17%, with 18,450 ounces of gold sold. The company maintains its 2024 production guidance, anticipating 74,000 to 78,000 ounces of gold for the full year.

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

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