Caledonia Mining Corporation Plc Blanket Mine Q1 2025 Production

Core Viewpoint - Caledonia Mining Corporation has achieved a record gold production of over 18,500 ounces in Q1 2025, setting a strong foundation for the year ahead, particularly in light of traditionally weaker first-quarter performance [3][7]. Production Highlights - Q1 2025 gold production reached 18,671 ounces, surpassing the previous year's Q1 production of 17,050 ounces and exceeding the prior record of 18,515 ounces set in Q1 2022 [7]. - The 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]. Financial Outlook - The company is well-positioned to generate healthy cash flows due to a strong gold price and plans to continue investing in growth projects [4]. - Caledonia remains on track to achieve its annual gold production guidance of 74,000-78,000 ounces for the year [7].