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Heavy rain hits Caledonia's Q1 output

“Unprecedented” rainfall and mine flooding saw Caledonia Mining miss its first quarter production target at its Blanket gold mine in Zimbabwe, the company said on Monday.

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The installed central shaft at Caledonia Mining's Blanket gold mine in Zimbabwe

The NYSE and AIM-listed miner produced 13,197 ounces of gold in Q1, a 7% decline year on year.