Caledonia Mining Lists Record Quarterly Gold Output
Caledonia Mining Corp. Plc. (NYSE: CMCL; AIM: CMCL; TSX: CAL) announces record quarterly gold production of 14,389 ounces of gold from the Blanket Mine in Zimbabwe for the July-September period. Production was 15% higher than the second quarter and 7% higher than the third quarter of 2016. Officials say they narrowed the range of the 2017 production guidance from 52,000 to 57,000 ounces to a range of between 54,000 and 56,000 ounces. Caledonia also says it remains on track to achieve its production target of 80,000 ounces in 2021.