The Company anticipates reporting a profitable second quarter, building upon a strong performance in the first quarter of 2025. This reflects Blanket Mine's gold production summary announced on July 16, 2025 and the strong and sustained gold price.
Based on the current production profile at Blanket Mine, and assuming the continuation of favourable gold prices, the Company estimates that profitability for the full year of 2025 will be materially ahead of market expectations.
Further details will be provided in the Q2 2025 results expected to be announced on August 11, 2025.
Mark Learmonth, Chief Executive Officer, said:
"We were pleased with the excellent production results announced on July 16, 2025. Combined with a robust and sustained gold price, we are enjoying strong profitability. This reflects the hard work and dedication of the team at Blanket Mine and at group level, which we have strengthened significantly in recent times."
Enquiries:
Caledonia Mining Corporation PlcMark LearmonthCamilla Horsfall
Tel: +44 1534 679 800Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker)Adrian Hadden George Lawson
Tel: +44 207 397 1965
Panmure Liberum Limited (Joint Broker)Scott Mathieson
Tel: +44 20 3100 2000
Camarco, Financial PR (UK)Gordon PooleElfie Kent
Tel: +44 20 3757 4980