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Caledonia Mining Corporation Plc: Third Quarter Production at Blanket Mine
Caledonia Mining PlcCaledonia Mining Plc(US:CMCL) GlobeNewswire News Room·2024-10-15 06:00

Core Viewpoint - Caledonia Mining Corporation Plc reported a decrease in gold production for Q3 2024 compared to the same quarter in the previous year, while maintaining its production guidance for the full year 2024 [2][3]. Production Summary - Quarterly gold production for Q3 2024 was 18,992 ounces, down from 21,772 ounces in Q3 2023, which was a record quarter for Blanket Mine [2] - Total gold produced in the nine months ending September 2024 was 56,815 ounces, slightly up from 55,244 ounces in the same period of 2023 [2] - The company reiterated its gold production guidance for 2024, expecting to produce between 74,000 and 78,000 ounces [2] Dividend Information - Future dividends are expected to be declared simultaneously with the publication of quarterly results, with the Q3 2024 dividend to be declared in mid-November if approved by the board [3] - This change pertains only to the timing of dividend declarations and does not indicate any alteration in the company's dividend policy [3]