Caledonia Mining hits 2024 target after steady fourth quarter at Blanket
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Caledonia Mining Corporation PLC reported a steady performance at its Blanket gold mine in Zimbabwe for the fourth quarter of 2024, with production reaching 19,841 ounces. This follows a record year for milling activity.
January 14, 2025 | 8:00 am
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Caledonia Mining Corporation PLC achieved a steady production of 19,841 ounces at its Blanket gold mine in Q4 2024, following a record year for milling activity.
The steady production and achievement of targets suggest positive operational performance, which is likely to support the stock price in the short term. The record year for milling activity further reinforces the company's strong operational capabilities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100