- Caledonia Mining Press Launch (NYSE: CMCL): Second-quarter non-GAAP earnings per share have been $0.51.
- Complete income was US$50.11 million (an annual enhance of 35.3%).
- EBITDA (excluding depreciation and web international trade positive factors and losses) for the quarter was US$22.5 million (Q2 2023: US$9.6 million).
- 20,773 ounces of gold Produced by Blanket (Q2 2023: 17,436 oz).
- Blanket Mine’s on-mine prices per ounce are US$906 (Q2 2023: US$915).
- Complete sustaining prices fell 7.7% to US$1,253 per ounce (Q2 2023: US$1,357 per ounce).
- The Group’s web money movement from working actions within the quarter was US$19.1 million (Q2 2023: outflow of US$2.2 million).
- Internet money and money equivalents elevated $12.8 million within the quarter to unfavourable $1.4 million.
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prospect
- Caledonia expects to carry Blanket manufacturing inside pre-announced steerage vary of 74,000 to 78,000 ounces in 20242.
- The group is advancing a brand new feasibility research for the Bilboes Sulphide challenge, which is anticipated to be delivered within the first quarter of 2025.
- The corporate continues to advance exploration actions at Motapa.
Caledonia Mining posts non-GAAP EPS of $0.51 on total revenue of $50.11 million; reiterates fiscal 2024 guidance
By Viral News
