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Caledonia Mining reports strong cash generation as it mulls options around electricity supply

Caledonia Mining Corporation Ltd's (LON:CMCL) Mark Learmonth talks Proactive London's Andrew Scott through their first quarter update.

Caledonia produced 11,948 ounces in the first quarter of 2019, approximately eight per cent below the first quarter of 2018.

Production was adversely affected by lower grade, although this was anticipated as part of the mine plan.

Quick facts: Caledonia Mining Corporation PLC

Price: 819 GBX

AIM:CMCL
Market: AIM
Market Cap: £94.31 m
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Caledonia Mining 'hitting its stride ahead of major uplift in production'

Mining Capital's Alastair Ford gives his view on Caledonia Mining Corporation PLC (LON:CMCL) (CVE:CAL). Among a number of recent positive announcements from the miner since the start of the year, this week it said earnings for 2019 will be substantially higher than market...

2 weeks, 3 days ago

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