CALEDONIA Mining Corporation’s revenue for the first quarter ended March 31, 2026, grew 18,3 percent year-on-year to US$66,43 million buoyed by stronger gold prices. This is despite lower production at Blanket Mine, which produced 14 767 ounces of gold during the quarter and sold 13 372 ounces, while consolidated gold sales, including output from the…
Higher gold prices lift Caledonia
The gold miner raked in US$65,3 million a year earlier, as higher gold prices boosted earnings. Revenue was also 14 percent from US$66,4 million in the first quarter, reflecting improved production.