Caledonia Mining Corporation Plc announced that its Blanket Mine in Zimbabwe achieved a new record for gold production in a first quarter, producing over 18,500 ounces for the period ended March 31, 2025. This performance reflects continued operational improvements at the mine.
CEO Mark Learmonth highlighted this as an excellent start to the year, noting that the first quarter is traditionally the weakest. The significant increase in both tonnes milled and the surface stockpile provides a strong foundation for the remainder of 2025.
The strong production, coupled with a favorable gold price, positions Caledonia to generate healthy cash flows and continue investing in its growth projects. This operational success underscores the dedication of the team on the ground.
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