
Caledonia Mining Corporation Plc: Blanket Mine Q2 2025 Production and Guidance
Production and Guidance Summary
Q2 2025 gold production was 21,070 ounces, setting a new record for a second quarter; 20,773 ounces were produced in the second quarter of 2024.
H1 2025 gold production was 39,741 ounces, a 5.1 % increase on the 37,823 ounces produced in the first half of 2024.
Caledonia increases Blanket's production guidance to 75,500 - 79,500 ounces of gold 1.
Mark Learmonth, Chief Executive Officer, said:
'Production in the first half of 2025 was excellent and has exceeded our expectations. As a result of this strong performance, we are increasing our annual production guidance. This performance is a testament to the dedication and hard work of our team.
'Blanket Mine continues to provide a solid foundation for growth. As we move forward, we are confident that it will continue to be a cornerstone of our success, driving value for our shareholders.'
Craig James Harvey, MGSSA, MAIG, Caledonia Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Craig James Harvey is a 'Qualified Person' as defined by each of (i) the Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects and (ii) sub-part 1300 of Regulation S-K of the U.S. Securities Act.
Enquiries:
Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall
Tel: +44 1534 679 800
Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden
George Lawson
Tel: +44 207 397 1965
Panmure Liberum Limited (Joint Broker)
Scott Mathieson
Tel: +44 20 3100 2000
Camarco, Financial PR (UK)
Gordon Poole
Elfie Kent
Tel: +44 20 3757 4980
3PPB (Financial PR, North America)
Patrick Chidley
Paul Durham
Tel: +1 917 991 7701
Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe)
Debra Tatenda
Tel: +263 77802131
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
Lloyd Mlotshwa
Tel: +263 (242) 745
119/33/39
Note: The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014 ('MAR') as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
Cautionary Note Concerning Forward-Looking Information
Information and statements contained in this news release that are not historical facts are 'forward-looking information' within the meaning of applicable securities legislation that involve risks and uncertainties relating, but not limited, to Caledonia's current expectations, intentions, plans, and beliefs. Forward-looking information can often be identified by forward-looking words such as 'anticipate', 'believe', 'expect', 'goal', 'plan', 'target', 'intend', 'estimate', 'could', 'should', 'may' and 'will' or the negative of these terms or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. The forward-looking information contained in this news release is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information. Such factors and assumptions include, but are not limited to, achieving Blanket Mine's annual production forecast.
To the extent any forward-looking information herein constitutes a financial outlook or future oriented financial information, any such statement is made as of the date hereof and included herein to provide prospective investors with an understanding of the Company's plans and assumptions. Security holders, potential security holders and other prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Such factors include, but are not limited to: risks relating to estimates of mineral reserves and mineral resources proving to be inaccurate, fluctuations in gold price, risks and hazards associated with the business of mineral exploration, development and mining, risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards, employee relations; relationships with and claims by local communities and indigenous populations; political risk; risks related to natural disasters, terrorism, civil unrest, public health concerns (including health epidemics or outbreaks of communicable diseases such as the coronavirus (COVID-19)); availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining or maintaining necessary licenses and permits, diminishing quantities or grades of mineral reserves as mining occurs; global financial condition, the actual results of current exploration activities, changes to conclusions of economic evaluations, and changes in project parameters to deal with unanticipated economic or other factors, risks of increased capital and operating costs, environmental, safety or regulatory risks, expropriation, the Company's title to properties including ownership thereof, increased competition in the mining industry for properties, equipment, qualified personnel and their costs, risks relating to the uncertainty of timing of events including targeted production rate increase and currency fluctuations. Security holders, potential security holders and other prospective investors are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Caledonia undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
This news release is not an offer of the shares of Caledonia for sale in the United States or elsewhere. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the shares of Caledonia, in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such province, state or jurisdiction.
1 Refer to the technical report entitled 'NI 43-101 Technical Report on the Blanket Gold Mine, Zimbabwe' with effective date December 31, 2023 prepared by Caledonia Mining Corporation Plc and filed by the Company on SEDAR+ (https://www.sedarplus.ca) on May 15, 2024.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
12 hours ago
- Globe and Mail
Should MARA Stock Be in Your Portfolio Pre-Q2 Earnings?
Marathon Digital Holdings, Inc. MARA is set to report second-quarter 2025 results on July 29, after the bell. The Zacks Consensus Estimate for the bottom line is pegged at a loss of 49 cents per share compared with a loss of 24 cents in the year-ago quarter. The consensus mark for revenues is pinned at $228.9 million, indicating 57.7% year-over-year growth. Earnings surpassed the Zacks Consensus Estimate in one of the past four quarters, matched once and missed in the other two, delivering an average surprise of 136.1%. The bottom-line estimate has remained unchanged in the past 30 days. Bleak Chances of an Earnings Beat for MARA Our proven model doesn't conclusively predict an earnings beat for RIOT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. MARA has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. Dual Approach Should Boost MARA's Revenues MARA's top line in the to-be-reported quarter is likely to have benefited from the company's dual approach to Bitcoin mining, combining revenue generation with strategic asset accumulation. By leveraging its expansive and energy-efficient mining operations, it produces Bitcoin at lower costs, ensuring consistent revenue streams. MARA retains a significant portion of the Bitcoin it mines, positioning itself to capitalize on potential price appreciation over time. MARA's Price Dynamics The stock has gained 21% over the past three months. Over this period, MARA's competitors in the bitcoin-mining space, such as Riot Platforms, Inc. RIOT and HuT 8 Corp. HUT have gained 96% and 56%, respectively. Marathon Digital Holdings, Inc. Price and EPS Surprise Marathon Digital Holdings, Inc. price-eps-surprise | Marathon Digital Holdings, Inc. Quote Pre-Earnings Investment Considerations MARA remains a cautious hold amid a mixed performance landscape. Its strategic expansion through increased mining capacity and cost-effective facility acquisitions supports long-term growth. Additionally, the prospect of a crypto-friendly regulatory environment is likely to have provided a favorable tailwind for the company. Although its revenue generation appears robust, near-term profitability continues to face challenges. The firm's balanced approach of combining immediate income with strategic asset accumulation suggests that investors should hold their positions while awaiting operational improvements and a supportive market backdrop. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marathon Digital Holdings, Inc. (MARA): Free Stock Analysis Report Riot Platforms, Inc. (RIOT): Free Stock Analysis Report Hut 8 Corp. (HUT): Free Stock Analysis Report

Globe and Mail
13 hours ago
- Globe and Mail
Analysts lift gold price forecasts
Global trade and fiscal debt concerns are feeding into a flight to safer assets, sharpening gold's edge as a haven from risk, prompting analysts in a Reuters poll to sharply raise their forecasts. The poll of 40 analysts and traders returned a median forecast of $3,220 per troy ounce of gold for this year, up from $3,065 predicted in a poll three months ago. The 2026 estimate rose to $3,400 from $3,000. Spot gold prices are up 27% so far this year after hitting a record $3,500 per ounce in April with the U.S. and China in the midst of a full-blown trade war, triggering regular forays into safe-haven assets. 'The first half of 2025 confirmed what many of us have long believed. Gold is not just a hedge. It is a signal,' said David Russell at GoldCore, calling $4,000 a realistic target by end-2026 should worries about the U.S. fiscal situation deepen further. Uncertainty over looming trade deadlines with key U.S. partners has bolstered safe-haven gold's appeal, while fiscal concerns got inflated by the passage of Trump's 'One Big Beautiful Bill,' which nonpartisan analysts expect to add $3.3 trillion to the national debt. Gold has yet to reclaim April's record highs, and 'the short-term consolidation is set to continue as the market misses an imminent trigger to restart the rally,' said Carsten Menke, an analyst at Julius Baer. Most analysts believe that central banks remain the bedrock of gold's rally, driven by the long-term diversification of reserves away from dollar dominance. China has added to its reserves for eight months consecutively, while an ECB survey showed nearly two-fifths of central banks cite geopolitical risk as a reason to hold gold. 'The multipolar world persists and with it the central banks' desire to be less dependent on the U.S. dollar as a reserve currency and - in an extreme case - less susceptible to U.S. sanctions,' Menke said. Silver has surged 32% so far this year, outperforming gold and nearing the key $40 mark for the first time in fourteen years. Analysts lifted their 2025 silver price forecast to $34.52 from $33.10 in the previous poll, aided by worries about U.S. tariff policy, signs of tightness in the spot market and growing investor interest in alternatives to gold. The average 2026 silver price forecast was raised to $38 per ounce from $34.58. Much of the recent surge came from inflows into exchange-traded products, and if that momentum slows, silver could become vulnerable despite expectations of another market deficit this year, said Standard Chartered analyst Suki Cooper.


Globe and Mail
15 hours ago
- Globe and Mail
CEO.CA's Inside the Boardroom: Naskapi Nation Takes 5% Stake in Scandium Canada, Resource Base Expanding
Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - (" the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. Meet the Executive Shaping the Mining Landscape 'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy. We caught up with Guy Bourassa, CEO of Scandium Canada Ltd. (TSXV: SCD), as the Naskapi Nation becomes an equity partner. Most scandium comes as a mining byproduct, limiting supply when demand grows. The Naskapi Nation saw something different in Scandium Canada's Quebec deposit - the world's only primary scandium source. Recent metallurgical tests hit 99.5% purity with strong recovery rates. With government grants pending and resource estimates up 30%, this project could reshape scandium supply chains while setting new standards for Indigenous partnerships in mining. Scandium Canada (TSXV: SCD) Cannot view this video? Visit: Tune in to 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About The leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: Email: hello@ Website: Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.