Caledonia Mining Plc(US:CMCL) Newsfilterยท2025-04-15 06:00Core Viewpoint - Caledonia Mining Corporation has reported a record gold production of over 18,500 ounces for Q1 2025, marking a strong start to the year despite traditionally being the weakest quarter [3][7]. Production Performance - The quarterly gold production reached 18,671 ounces, surpassing the 17,050 ounces produced in Q1 2024 [7]. - This production figure sets a new first-quarter record, exceeding the previous high of 18,515 ounces achieved in Q1 2022 [7]. - Tonnes milled during the quarter were 201,755 tonnes, which is 23,793 tonnes (13.4%) above expectations [7]. - The surface stockpile increased significantly to approximately 15,000 tonnes, indicating that run-of-mine production is exceeding milling capacity [7]. Future Outlook - The company remains on track to achieve its gold production guidance of 74,000-78,000 ounces for the year [7]. - The strong performance in Q1 2025 is attributed to operational improvements and a strong gold price, positioning the company to generate healthy cash flows and continue investing in growth projects [4].