Caledonia Mining Corporation Plc (CMCL)
Caledonia Mining reports strong second quarter as gold prices surge
Strong gold prices supported a surge in Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL)'s gross revenues in the second quarter of $50.1 million, a substantial increase from $37 million in the same period last year. Gross profit more than doubled to $22.9 million, reflecting both the increased revenue and lower production costs.
Caledonia Mining's solar plant a stand out achievement says ESG head - ICYMI
Colleen Parkins, head of ESG at Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL), the operator of the Blanket gold mine in Zimbabwe, explains the key points of the gold producer's 2023 ESG report. Proactive: What were the company's ESG achievements in 2023?
Caledonia Mining hails sustainability progress
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) hailed its progress on sustainability in several key areas at its Blanket Mine in Zimbabwe during 2023. Mark Learmonth, chief executive, said: "A major operational highlight in 2023 was the substantial 14% reduction in Scope 1 and 2 greenhouse gas emissions; this was made possible following the installation of our 12.2 MWac solar plant, which has decreased our reliance on both the local grid and diesel generators.
Caledonia Mining underlines sustainability of Blanket mine with update, broker says
Caledonia Mining's latest production underlines the sustainability of the Blanket gold mine in Zimbabwe following the uncharacteristic issues of 2023, says house broker Liberum. First half output of 37,800oz (33,500oz) exceeded Caledonia's expectations with the guidance of 74-78,000 oz for the full year maintained.
Caledonia Mining reports 'excellent' quarter at Blanket
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has reported another strong production quarter from the Blanket mine in Zimbabwe, with output in the three months to June at 20,773 ounces of gold or 19% higher than a year ago. For the first half of this year, Blanket has now produced 37,823 ounces of gold, a 13% increase on the first half of 2023 and puts the miner on track to hit its target of 74,000 to 78,000 ounces for the full year, said its statement.
Caledonia Mining production to triple as Bilboes project gets go ahead
Caledonia Mining has decided to go ahead with its Bilboes project in Zimbabwe through a single phase of development after a study showed it could return the capital coat in under two years. Bilboes would almost triple annual production to more than 200,000 ounces of gold a year, Caledonia added.
