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Gold & silver

Caledonia Mining delivers solid quarter of gold production at Blanket mine

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has reported third-quarter gold production of 19,106 ounces from its Blanket Mine in Zimbabwe, slightly higher than the 18,992 ounces produced in the same period last year.

Output for the first nine months of 2025 reached 58,846 ounces, up from 56,815 ounces a year ago.

Meanwhile, Caledonia reiterated its full-year guidance range of 75,500 to 79,500 ounces.

Chief executive Mark Learmonth said: “We’re pleased to report another quarter of solid performance at Blanket, building on the exceptional start to the year.”

He added: "The consistency of our output reflects the strategic investments we've made across the business and we remain on track to meet our increased production guidance."

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