Home » Caledonia revenue projected to reach US$176m

Caledonia revenue projected to reach US$176m

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IH SECURITIES (IH) predicts Caledonia Mining Corporation’s (Caledonia) revenue will reach US$176 million by the end of the fiscal year, driven by favourable gold prices. This forecast comes as gold prices are expected to hit US$2 500 per ounce in the fourth quarter of 2024. IH notes, “Rising gold prices did not only help to…

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