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Home » Increased operating costs weigh down Caledonia

Increased operating costs weigh down Caledonia

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CALEDONIA Mining Corporation (Caledonia) has warned that increased operating costs for 2023 and several significant one-off, non-operating costs in the final quarter of 2023 will see a reduction in profit for the full year. The Victoria Falls Stock Exchange-listed miner said the increase in operating costs comprises higher-than-expected overtime payments and power costs at Blanket…

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