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Home » Caledonia revenue to hit US$255 million
Companies & Markets

Caledonia revenue to hit US$255 million

written by Almot Maqolo, Staff Writer 0 comments
“The consistency of our output reflects the strategic investments we've made across the business, and we remain on track to meet our increased production guidance,”
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CALEDONIA Mining Corporation (Caledonia)’s revenue for the year is projected at around US$255,4 million, on the back of sustained gold price rally, equities analysts IH Securities (IH) has said.IH projects gold price to average US$3,169 per ounce (oz) for the rest of 2025.Gold prices demonstrated upward momentum, with the half-year average rising 40 percent to…

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