Caledonia announced Q3/22 results with record production of 21,120oz of gold, up 11.4% on Q3/21 (18,965oz) at an AISC of $944/oz. Up 9% on Q3/21 due to inflationary pressures on key consumables with unforeseen repairs and maintenance also impacting on mine costs. Caledonia remain on-track to achieve the top end of FY22E guidance of between 73-80,000oz of gold. Q3/22 gross profit was down to $15.5m due to higher production costs and the lower realised gold price. Q3/22 adjusted EPS 60.7¢ (Q3/21: ....
10 Nov 2022
Cenkos: Caledonia Mining Corporation Plc -- Q3/22 Results
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Cenkos: Caledonia Mining Corporation Plc -- Q3/22 Results
Caledonia Mining Corporation PLC (CMCL:LON) | 810 -81 (-1.2%) | Mkt Cap: 155.5m
- Published:
10 Nov 2022 -
Author:
Will Dymott -
Pages:
15
Caledonia announced Q3/22 results with record production of 21,120oz of gold, up 11.4% on Q3/21 (18,965oz) at an AISC of $944/oz. Up 9% on Q3/21 due to inflationary pressures on key consumables with unforeseen repairs and maintenance also impacting on mine costs. Caledonia remain on-track to achieve the top end of FY22E guidance of between 73-80,000oz of gold. Q3/22 gross profit was down to $15.5m due to higher production costs and the lower realised gold price. Q3/22 adjusted EPS 60.7¢ (Q3/21: ....