Caledonia has this morning provided an update of its Q1 production from the Blanket mine in Zimbabwe. As previously flagged by management at the time of the publication of its annual results, Q1 production was down over the comparable period last year at 13.2koz gold. This was caused by a slower ramp-up than expected in the new year and unprecedented rainfall during the period, which caused localised flooding at the mine, and resulted in several lost shifts. Production is now reported to be on ....
19 Apr 2021
WHI First Light: Caledonia Mining (CMCL) - Q1 2021 production update
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WHI First Light: Caledonia Mining (CMCL) - Q1 2021 production update
Caledonia Mining Corporation PLC (CMCL:LON) | 830 83 1.2% | Mkt Cap: 159.3m
- Published:
19 Apr 2021 -
Author:
Paul Smith -
Pages:
4
Caledonia has this morning provided an update of its Q1 production from the Blanket mine in Zimbabwe. As previously flagged by management at the time of the publication of its annual results, Q1 production was down over the comparable period last year at 13.2koz gold. This was caused by a slower ramp-up than expected in the new year and unprecedented rainfall during the period, which caused localised flooding at the mine, and resulted in several lost shifts. Production is now reported to be on ....