Quarterly UpdatesJul 20, 2026, 06:07 AM
Caledonia Mining Q2 2026 Gold Production 17,360 Ounces
AI Summary
Caledonia Mining Corporation Plc announced gold production of 17,360 ounces from its Blanket Mine in Zimbabwe for Q2 2026. This represents an 18% increase compared to Q1 2026, driven by improving access to higher-grade mining areas. The company reaffirmed its 2026 production guidance of 72,000 to 76,500 ounces, expecting production to be weighted towards the second half of the year due to ongoing operational improvements.
Key Highlights
- Gold production of 17,360 ounces in Q2 2026.
- Production increased by 18% compared to 14,767 ounces in Q1 2026.
- Average Q2 2026 grade of 2.88g/t, with July 2026 grade to date at 3.05g/t.
- Reaffirmed Blanket’s 2026 production guidance of 72,000 to 76,500 ounces.
- Elution plant upgrade completion expected in Q3 2026.
- Successful implementation of a 7-day working week from June 2026, adding 200 tonnes per day of ore processing.
Price Impact
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