Caledonia Mining Corporation Reports 30% Revenue Increase, Net Profit More Than Doubles in Q2 2025
Reuters
Aug 11
Caledonia Mining Corporation Reports 30% Revenue Increase, Net Profit More Than Doubles in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025
Caledonia Mining Corporation Plc has released its financial results for the quarter ended June 30, 2025. The company reported a significant increase in gold revenue, which reached $65.0 million, up 30% from $50.1 million in the second quarter of 2024. This rise in revenue was driven by higher gold prices and a slight increase in production. Net profit attributable to shareholders more than doubled to $20.5 million from $8.3 million in the same period last year. Adjusted earnings per share $(EPS)$ also rose significantly to 113.9 cents compared to 44.6 cents in the second quarter of 2024. The Blanket Mine produced 21,070 ounces of gold during the quarter, representing a 1.4% increase from the 20,773 ounces produced in the same period last year, attributed to higher grades and improved plant recoveries. The company remains on track to achieve its updated production guidance range of 75,500 to 79,500 ounces for 2025, while continuing efforts to modernize operations and enhance mining and operational cost efficiencies.
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