Caledonia Mining Corporation Increases 2025 Gold Production Guidance Following Strong H1 Performance at Blanket Mine
Caledonia Mining Corporation Plc reported a strong performance in gold production from its Blanket Mine in Zimbabwe for the first half of 2025. The company produced 39,741 ounces of gold, marking a 5.1% increase compared to the 37,823 ounces produced in the first half of 2024. Notably, Q2 2025 production set a new record for a second quarter with 21,070 ounces, compared to 20,773 ounces in Q2 2024. As a result of this robust performance, Caledonia has increased its annual production guidance to 75,500 - 79,500 ounces of gold. Mark Learmonth, Chief Executive Officer, expressed his satisfaction with the results, stating that the strong performance exceeded expectations and highlighted the dedication and hard work of the team. He emphasized that the Blanket Mine continues to be a solid foundation for growth and a cornerstone of success, driving value for shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caledonia Mining Corporation plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9495069-en) on July 16, 2025, and is solely responsible for the information contained therein.
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