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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: 720 GBX

AIM:CMCL
Market: AIM
Market Cap: £82.91 m
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Caledonia Mining's Steve Curtis talks application to continue Blanket operations

Caledonia Mining Corporation PLC's (LON:CMCL)(TSE:CAL) Steve Curtis tells Proactive London's Andrew Scott the Blanket mine is continuing to operate despite a lockdown in the country as it has applied for an exemption on the grounds that it is able to operate in a manner that contributes to the...

4 days, 10 hours ago

2 min read