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Caledonia Mining Corporation

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

Price: £4.75

Market: AIM
Market Cap: £51.12 m
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Grade issues resolved at Blanket Mine says Caledonia Mining CFO Learmonth

Caledonia Mining PLC (LON:CMCL) expects to complete the sinking of its new central shaft at the Blanket mine in Zimbabwe within two weeks. That is despite electricity outages affecting the country and hampering progress said Mark Learmonth, Caledonia’s chief financial...

on 12/7/19

2 min read

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