Caledonia on track to meet full-year output guidance
Gold miner Caledonia Mining Corporation says it remains on track to produce between 74 000 oz and 78 000 oz of gold for the full-year, with its Blanket mine, in Zimbabwe, having produced 18 992 oz of gold in the third quarter.
Production was lower than the 21 772 oz produced in the third quarter of 2023, but Caledonia points out that that had been a quarterly record for the mine.
Gold production for the nine months ended September 30 was 56 815 oz, compared with the 55 244 oz produced in the first nine months of 2023.
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