Source - Alliance News

Caledonia Mining Corp PLC - Zimbabwe-focused gold producer - Says 2023 gold production at Blanket mine is in line with guidance at 75,416 ounces. Gold production for the fourth quarter of 2023 was 20,172 oz. Says 2024 gold production guidance for Blanket is 74,000 to 78,000oz. Anticipated group capital expenditure is $34.4 million, which includes approximately $20 million of sustaining investment and UAS14.4 million of expansion expenditure. On-mine costs are expected to be consistent with costs incurred in 2023, it adds.

Current stock price: 924.00, down 0.1%

12-month change: down 20%

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