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Caledonia Mining's Learmonth upbeat as they near completion of central shaft sinking

Caledonia Mining Corporation PLC'S (LON:CMCL) (TSE:CAL) Mark Learmonth talks Proactive London's Andrew Scott through their Q1 update - a period which saw 11,948 ounces produced from the Blanket mine in Zimbabwe.

Learmonth says they're maintaining their 2019 full-year production guidance of between 53,000 ounces and 56,000 ounces, and they're still on track with progress towards the target of 80,000 ounces by 2022.

Quick facts: Caledonia Mining Corporation PLC

Price: 1312.5 GBX

AIM:CMCL
Market: AIM
Market Cap: £159.06 m
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Caledonia Mining's Steve Curtis delighted with 'continued strong performance...

Caledonia Mining's (LON:CMCL) Steve Curtis caught up with Proactive London's Andrew Scott to discuss its second quarter and first half results. The miner reported revenues in the second quarter of $22.9mln - a 39% increase on the same period last year and earnings of $9.6mln. 13,499 ounces of...

on 13/8/20

2 min read