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Caledonia Mining hails a 'terrific' quarter with record results

Caledonia Mining hails a 'terrific' quarter with record results

Caledonia Mining's chief executive Mark Learmonth tells Proactive the company is buoyant after impressive results and 20,000 oz gold production in its latest quarter. This puts the company in a strong position to achieve its annual target of 80,000 oz., he said. "Higher production and good cost control drove a substantial increase in profits." Learmonth also talks about the possible deal to acquire the high-grade open pit Bilboes project in Zimbabwe.

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