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Caledonia raises guidance as it looks to expand operations in Zimbabwe

Oct 5, 2020

Source: https://www.mining.com/caledonia-raises-guidance-as-it-looks-to-expand-operations-in-zimbabwe/

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Blanket Mine, Zimbabwe – Image courtesy of Caledonia Mining

Caledonia Mining (LSE: CMCL) has increased its guidance for the full-year to between 55 000 oz and 58 000 oz after an record production at its Blanket mine in Zimbabwe in Q3 2020.

According to the company, approximately 15,164 ounces of gold were produced during the quarter ended 30 September, an increase of 11.1 per cent on the 13,646 ounces produced in the corresponding quarter of 2019.

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Blanket Mine, Zimbabwe – Image courtesy of Caledonia Mining

Caledonia Mining (LSE: CMCL) has increased its guidance for the full-year to between 55 000 oz and 58 000 oz after an record production at its Blanket mine in Zimbabwe in Q3 2020.

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