Caledonia Mining ( (CMCL) ) has released its Q2 earnings. Here is a breakdown of the information Caledonia Mining presented to its investors.
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Caledonia Mining Corporation Plc is a gold mining company operating primarily in Zimbabwe, known for its Blanket Mine and its strategic focus on sustainable and efficient gold production. In its latest earnings report for the second quarter of 2025, Caledonia Mining reported a strong financial performance, driven by record gold production and favorable gold prices. Key financial highlights include a 30% increase in gold revenue to $65 million and a 147% rise in net profit attributable to shareholders, reaching $20.5 million. The company also reported a significant improvement in its cash position following the sale of its solar plant for $22.35 million.
The company achieved a gross profit of $33.8 million, marking a 48% increase from the previous year, and an EBITDA of $39.5 million, bolstered by a one-off profit from the solar plant sale. Operationally, the Blanket Mine produced 21,070 ounces of gold, a slight increase from the previous year, with improved plant recovery rates contributing to this performance. Despite higher on-mine costs, the company maintained its production guidance for 2025, reflecting confidence in its operational capabilities.
Caledonia Mining continues to advance its exploration and development projects, including the Bilboes feasibility study and the Motapa exploration program, aiming to enhance project economics and identify new resource opportunities. The company remains committed to its strategic growth initiatives, supported by strong cash generation and prudent financial management.
Looking ahead, Caledonia Mining is focused on achieving its production targets and further developing its resource base, positioning itself for long-term value creation for shareholders. The company’s strategic roadmap and operational strength provide a solid foundation for continued growth in the evolving gold market.