Caledonia (CMCL) Reports Record Q2 Production at Blanket, Raises Annual Guidance

Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) is one of the 13 Most Promising Gold Stocks According to Wall Street Analysts. On July 16, Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) shared its gold production numbers from the Blanket Mine in Zimbabwe for the second quarter and the first half of 2025. The company also raised its annual production guidance.

In the second quarter of 2025, Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) reported gold production was 21,070 ounces, which is a new second-quarter record. For the first half of 2025, gold production reached 39,741 ounces. This represents an increase of 5.1 % compared to the first half of 2024.

Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) said the production in the first half was very good and exceeded expectations. Because of this strong performance, the company increased its gold production guidance for 2025.

The company now expects Blanket Mine to produce between 75,500 and 79,500 ounces of gold in 2025. Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) believes the mine continues to provide a solid foundation for growth.

Caledonia Mining Corporation Plc (NYSEAMERICAN:CMCL) is a gold-producing company focused on Zimbabwe. The company’s main asset is the Blanket Mine.

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Disclosure: None. This article is originally published at Insider Monkey.