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Home » Caledonia focuses on cost reductions
Companies & Markets

Caledonia focuses on cost reductions

written by Prisca Tshuma, 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) says it wants to capitalise on the current gold price rally to invest in cost reduction efforts which could lead to more efficiency in the long-term.The Victoria Falls Stock Exchange (VFEX)-listed gold miner recently embarked on a sweeping cost reduction exercise, which consisted of a costly retirement of staff at its…

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