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Home » Caledonia hits new quarterly gold production record for Zimbabwe mine (NYSE:CMCL)
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Caledonia hits new quarterly gold production record for Zimbabwe mine (NYSE:CMCL)

October 11, 2023No Comments1 Min Read
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Caledonia hits new quarterly gold production record for Zimbabwe mine (NYSE:CMCL)
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bodnarchuk/iStock via Getty Images

Caledonia Mining (NYSE:CMCL) said Wednesday its Blanket mine in Zimbabwe achieved record quarterly gold production of 21,772 oz, which also was 3% higher than the same quarter a year ago.

Caledonia (CMCL) reiterated its full-year guidance for gold output of 75K-80K oz, after producing 55,244 oz in the first nine months.

“Blanket continues to provide a solid foundation for the company, providing us with a platform for our other growth projects in Zimbabwe,” CEO Mark Learmonth said.

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