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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 expectations.

''The company really seems to be hitting its stride ahead of what will be a major uplift in production towards the end of next year if they finish with the upgrade programme for the Blanket mine in Zimbabwe''. Ford says.

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

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