Caledonia Mining reports Q2 gold production 21,070

Caledonia Mining (CMCL) announced gold production from the Blanket Mine in Zimbabwe for the quarter ended June 30 and the half year ended June 30. All production numbers are expressed on a 100% basis and are based on final assays from the refiner. Q2 gold production was 21,070 ounces, setting a new record for a second quarter; 20,773 ounces were produced in the second quarter of 2024. H1 gold production was 39,741 ounces, a 5.1 % increase on the 37,823 ounces produced in the first half of 2024. Caledonia increased Blanket’s production guidance to 75,500-79,500 ounces of gold. Mark Learmonth, CEO, said: “Production in the first half of 2025 was excellent and has exceeded our expectations. As a result of this strong performance, we are increasing our annual production guidance. This performance is a testament to the dedication and hard work of our team. Blanket Mine continues to provide a solid foundation for growth. As we move forward, we are confident that it will continue to be a cornerstone of our success, driving value for our shareholders.”