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Lower revenues, higher costs eat into Caledonia profit

Caledonia Mining (AIM:CMCL) saw gross profit for the September quarter fall 33% year-on-year to US$4.8 million on lower revenues and higher production costs.

Lower revenues, higher costs eat into Caledonia profit Lower revenues, higher costs eat into Caledonia profit Lower revenues, higher costs eat into Caledonia profit Lower revenues, higher costs eat into Caledonia profit Lower revenues, higher costs eat into Caledonia profit

Caledonia has narrowed full-year production guidance for its Blanket mine in Zimbabwe