logo-loader
viewCaledonia Mining Corporation PLC

Caledonia Mining reports 'excellent performance' at Blanket has continued into Q4

Caledonia Mining PLC's (LON:CMCL) Mark Learmonth talks Proactive London's Andrew Scott through the miner's third quarter update.

Production at its Blanket mine in Zimbabwe rose by 7% in the period.

Gross profits increased 75% to US$8.5mln helped by a higher gold price, though the devaluation of Zimbabwe's currency meant higher net profits but lower earnings per share.

Quick facts: Caledonia Mining Corporation PLC

Price: 810 GBX

AIM:CMCL
Market: AIM
Market Cap: £93.28 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Caledonia Mining Corporation PLC named herein, including the promotion by the Company of Caledonia Mining Corporation PLC in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Caledonia Mining 'hitting its stride ahead of major uplift in production'

Mining Capital's Alastair Ford gives his view on Caledonia Mining Corporation PLC (LON:CMCL) (CVE:CAL). Among a number of recent positive announcements from the miner since the start of the year, this week it said earnings for 2019 will be substantially higher than market...

2 weeks, 2 days ago

2 min read