PROFIT & LOSS

Caledonia full-year guidance maintained after strong March quarter

Caledonia Mining (CN:CAL) has maintained its full-year production guidance for 2018, after fulfilling output expectations from its 49%-owned Blanket mine in Zimbabwe during the March quarter.

The sinking of Blanket’s central shaft is continuing according to plan

The sinking of Blanket’s central shaft is continuing according to plan

The miner produced 12,924 ounces of gold during the January-March period, up a marginal 1% year-on-year. Full-year guidance was kept at 55,000-59,000oz and Caledonia said it remained on track to reach...

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