Caledonia today confirms its 2018 gold production from the Blanket mine in Zimbabwe at 54.5koz (54.7koz WHIe) within its revised production guidance after a good final quarter. Caledonia has prudently shaved 2019 production guidance to a range between 53 – 56koz and we have reduced our own forecast in line with this from 61.2koz gold to 55.5koz. Our new earnings forecasts are presented in a Morning Comment which will be published later today with a gold price forecast which we maintain at $1,275 ....
14 Jan 2019
FIRST LIGHT
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FIRST LIGHT
Caledonia Mining Corporation PLC (CMCL:LON) | 845 0 0.0% | Mkt Cap: 162.2m
- Published:
14 Jan 2019 -
Author:
Paul Smith -
Pages:
4
Caledonia today confirms its 2018 gold production from the Blanket mine in Zimbabwe at 54.5koz (54.7koz WHIe) within its revised production guidance after a good final quarter. Caledonia has prudently shaved 2019 production guidance to a range between 53 – 56koz and we have reduced our own forecast in line with this from 61.2koz gold to 55.5koz. Our new earnings forecasts are presented in a Morning Comment which will be published later today with a gold price forecast which we maintain at $1,275 ....