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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: 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