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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: 763 GBX

AIM:CMCL
Market: AIM
Market Cap: £87.87 m
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Caledonia Mining's Steve Curtis looks ahead to 'pivotal year' after record...

Caledonia Mining Corporation PLC's (LON:CMCL) Steve Curtis caught up with Proactive London's Andrew Scott to discuss the miner's 2019 results and outlook for 2020. Caledonia reported revenue of US$75.8mln, up from US$68.4mln, as operations at the Blanket mine marked new production records for...

1 week, 3 days ago

2 min read