Latest news with #Blanket
Business Wire
14-05-2025
- Health
- Business Wire
Eight Sleep Introduces Pod 5: The First AI-Powered Sleep System with Immersive Temperature, Zero-Gravity Elevation, and Surround-Sound To Improve Your Sleep
NEW YORK--(BUSINESS WIRE)--Eight Sleep, the world's first sleep fitness company, today introduced Pod 5 and a new hydro-powered Blanket, its latest products powered by artificial intelligence and real-time biometric sensing to improve sleep, along with Health Check: a new set of AI-powered algorithms that transform the Pod into a preventative health solution. Now in its fifth generation and building on the success of the award-winning Pod, Pod 5 transforms any bed into an intelligent, adaptive environment, automatically adjusting temperature, elevation, and sound to maximize sleep performance and optimize health. With 92% of Eight Sleep members¹ reporting improved sleep quality after sleeping on the Pod, Pod 5 sets a new benchmark for what sleep technology can deliver. Pod 5 is built around three core benefits: immersive temperature, zero-gravity elevation, and surround-sound. All delivered through a modular system that adapts to a sleeper's body in real time. Immersive temperature: The new Cover and hydro-powered Blanket work together to double thermal performance across the body. Each side cools or heats independently from 55°F to 110°F, adjusting based on biometric data to support deeper sleep. Zero-gravity elevation: The new Base gently lifts the upper body to relieve back pressure and improve circulation. It responds automatically to snoring, elevating the head to reduce disruptions without waking the sleeper or their partner. Integrated surround-sound: Built into the Base, the new speaker system delivers science-backed audio, including exclusive Non-Sleep Deep Rest (NSDR) tracks by Dr. Andrew Huberman, to calm the nervous system and ease the sleeper into rest. The system components work together to create a truly responsive sleep environment, personalized to each user, even if two people share the bed. The entire experience is guided from the Eight Sleep app and controlled automatically by the intelligent algorithm Autopilot, which learns what each individual needs to sleep their best and provides the appropriate optimizations in real-time, every night. 'Pod 5 is the result of everything we've learned about how your environment impacts sleep,' said Matteo Franceschetti, Co-Founder and CEO of Eight Sleep. 'We built it to extend our mastery of thermal regulation and add new dimensions like elevation, sound, and intelligent features like smart alarms and Health Check to take your sleep experience to an unprecedented level. Pod 5 personalizes your sleep in real time, adapting with precision to what the body needs at every stage of sleep.' Powered by AI and tuned to each sleeper At the heart of Pod 5 is Autopilot, Eight Sleep's proprietary AI engine, trained on almost 10 million hours of sleep data. The system constantly learns from a sleeper's nightly biometrics, sleep patterns, and recovery trends to anticipate their needs and adjust their sleep environment automatically. Whether it's shifting temperature during sleep stages, elevating the head when snoring is detected, or adjusting sound to support relaxation, Pod 5 responds before the sleeper even knows they need it. Through the Eight Sleep app, users can view detailed insights and receive personalized sleep coaching driven by AI, but the system is designed to work without any input at all and is made to set it and forget it. Double the cooling and heating with the new hydro-powered Blanket The Cover delivers dynamic, biometric-driven temperature control from 55°F to 110°F / 12.7°C to 43.3°C on each side of the bed. Now, the new hydro-powered Blanket extends temperature coverage across the entire body, connecting to the Cover to double the cooling and heating power while mirroring settings on both bed sides to eliminate temperature disruptions and end blanket battles for good. Sleep in zero gravity, and reduce snoring with the Base The Base, first introduced in 2024, is already a best-seller, known for adding intelligent and customized elevation to the sleep environment. With adjustable positions for sleep, reading, and recovery, it offers personalized comfort that supports circulation, eases pressure, and helps the body unwind. It also detects snoring through vibrations and gently elevates the head in response, a feature clinically shown to reduce snoring by up to 45%¹. The updated Base builds on new features with a low-profile design that fits seamlessly into most bed frames. It can also be used freestanding with an optional leg kit, offering flexibility without compromising performance. The built-in surround-sound plays soothing soundscapes to ease into sleep The latest model of the Base features an integrated speaker that plays science-backed audio designed to support relaxation and recovery, with tracks exclusively available on the Eight Sleep app. In collaboration with Dr. Andrew Huberman, Eight Sleep has introduced a set of NSDR content, a guided meditation technique for achieving deep relaxation and restorative states. In addition to NSDR, it also offers a curated selection of white noise and calming sounds engineered to slow down the nervous system and ease the transition into deep sleep. The soundscape experience is connected to the intelligence behind the Pod. It can be programmed to automatically turn off once a user falls asleep or continue playing through the night for ongoing support. A new AI model for passive health monitoring. No wearables required. Alongside the launch of Pod 5, Eight Sleep also announced Health Check: a new set of AI-powered algorithms that quietly monitor cardiovascular and respiratory health during sleep. If heart rate trends upward or breathing becomes abnormal, Health Check surfaces these changes in a report in the Eight Sleep app, empowering users to take proactive action ² . This breakthrough in passive, preventative health is possible thanks to the Pod Cover's embedded sensors, which capture key biometric signals, including heart rate, respiratory rate, heart rate variability, and sleep stages, all without requiring any device on the body. Eight Sleep is the first to deliver this level of health monitoring using non-wearable technology, achieving industry gold standards in heart rate tracking accuracy with no device on the body. The Pod tracks heart rate with 99% precision, matching the performance of clinical-grade electrocardiograms (ECGs)¹. 'We see Health Check as the future of health — where your bed not only helps you recover but also acts as an early warning system for your body,' said Franceschetti. 'It's a shift towards preventive care with no wearables on your body, leveraging the 7 to 9 hours that you spend on your bed every day to conduct a review of your health.' Add easily to any bed Pod 5 is a modular, intelligent sleep system made up of 4 seamlessly integrated components: The Cover The Hub The Blanket The Base Pod 5 is compatible with all mattresses and bed frames. The Cover can be added to any existing mattress, similar to a fitted sheet. The Blanket connects to the Cover and can be inserted into most duvet covers. The Base fits seamlessly on top of existing bed frames or can be freestanding with an optional leg kit. All components work together, controlled via the Eight Sleep app. Available today Pod 5 is now available exclusively online at in the United States (excluding Alaska, Hawaii, Puerto Rico, and other US territories), European Union (excluding Cyprus, Greece, and Malta), Canada, United Kingdom, Australia, the United Arab Emirates, Mexico, Saudi Arabia, Monaco and Switzerland. Pricing starts at $2,849 USD for Pod 5, with free shipping for all regions (consult each region's website for local pricing). Priority upgrades are available for existing Eight Sleep members. Eight Sleep upholds its customer satisfaction, offering up to a 30-night trial and free returns. For high-resolution product images and video assets, visit our digital press kit. About Eight Sleep Eight Sleep is the first company to bring sleep fitness to the world by combining technology, physiology, and data to unlock deeper sleep and better health. Its products are trusted by high performers, professional athletes, and health-conscious consumers across the globe. Recognized as one of Fast Company's Most Innovative Companies in 2019, 2022, and 2023, and twice named to TIME's 'Best Inventions of the Year.' Eight Sleep continues to redefine the future of sleep. Its products are available in over 30 countries at
Yahoo
13-05-2025
- Business
- Yahoo
Caledonia Mining Corp PLC (CMCL) Q1 2025 Earnings Call Highlights: Record Profits and Strategic ...
Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Caledonia Mining Corp PLC (CMCL) reported a strong financial performance in Q1 2025, with record gross profit doubling from $14 million to $27 million. The company achieved a 46% increase in revenue, reaching $56.2 million, driven by a 9% increase in gold production and a 42% rise in the average realized gold price. Operational improvements led to a record production of 19,000 ounces of gold, supported by strategic actions such as improved employee health and safety and decoupling of the plant and mine. Caledonia Mining Corp PLC (CMCL) strengthened its balance sheet with a pro forma consolidated net cash position improving to $18.6 million following the completion of the solar sale. The company is actively pursuing cost reduction initiatives, including the optimization of the central shaft and the deployment of a time and attendance program to manage labor costs. Production costs increased by 19% due to higher labor, power, and consumable costs, impacting the overall cost structure. The all-in sustaining cost was higher than the comparative quarter, influenced by increased admin and capital expenditure. Forex losses, both realized and unrealized, continue to impact financial results, although efforts are being made to manage these effects. The company faces challenges in maintaining grade levels, with strategic actions needed to open up reserves in better grade areas. There are concerns about the upfront capital costs for the Bilbos project, with ongoing efforts to optimize project economics and minimize equity dilution. Warning! GuruFocus has detected 7 Warning Signs with CMCL. Q: James, you've provided a lot of data about the mine. Can you update us on the longer-term aspects of mine development, particularly the declines and other work? A: Unidentified_3 (COO): We've decided to focus on mining shallow reserves closer to the surface, which are less costly in terms of ventilation and energy. However, in the medium to long term, we will need to restart the declines and go deeper. Q: Regarding Blanket dividends, what were the dividends in 2024, and how much do you expect to extract from Blanket to fund other business areas? A: Unidentified_1 (CEO): Blanket is not a cash trap, and we aim to distribute as much cash as possible without over-distributing. At the current rate, facilitation loans should be repaid in about 12 months. Unidentified_2 (CFO) added that they expect a cash balance of $50 to $60 million by year-end. Q: With your current commitments, is it the right time to divest smaller exploration projects like Molly Green? A: Unidentified_1 (CEO): We have no intention of selling Molly Green as it is being incubated. We are focused on our current projects and have enough on our plate. Q: You set aside $41 million in CapEx for 2025. How much has been spent so far? A: Unidentified_2 (CFO): Approximately $10 million has been spent across both Blanket and Bilbos. The main challenge is the speed of spending due to procurement and service provider lead times, not cash availability. Q: With increased cash generation, will most of your CapEx for the rest of the year come from internal cash flows? A: Unidentified_1 (CEO): Yes, all CapEx is funded from internal cash generation. The $50 to $60 million cash balance expected by year-end is after CapEx spending. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
13-05-2025
- Business
- Yahoo
Caledonia Mining Corp PLC (CMCL) Q1 2025 Earnings Call Highlights: Record Profits and Strategic ...
Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Caledonia Mining Corp PLC (CMCL) reported a strong financial performance in Q1 2025, with record gross profit doubling from $14 million to $27 million. The company achieved a 46% increase in revenue, reaching $56.2 million, driven by a 9% increase in gold production and a 42% rise in the average realized gold price. Operational improvements led to a record production of 19,000 ounces of gold, supported by strategic actions such as improved employee health and safety and decoupling of the plant and mine. Caledonia Mining Corp PLC (CMCL) strengthened its balance sheet with a pro forma consolidated net cash position improving to $18.6 million following the completion of the solar sale. The company is actively pursuing cost reduction initiatives, including the optimization of the central shaft and the deployment of a time and attendance program to manage labor costs. Production costs increased by 19% due to higher labor, power, and consumable costs, impacting the overall cost structure. The all-in sustaining cost was higher than the comparative quarter, influenced by increased admin and capital expenditure. Forex losses, both realized and unrealized, continue to impact financial results, although efforts are being made to manage these effects. The company faces challenges in maintaining grade levels, with strategic actions needed to open up reserves in better grade areas. There are concerns about the upfront capital costs for the Bilbos project, with ongoing efforts to optimize project economics and minimize equity dilution. Warning! GuruFocus has detected 7 Warning Signs with CMCL. Q: James, you've provided a lot of data about the mine. Can you update us on the longer-term aspects of mine development, particularly the declines and other work? A: Unidentified_3 (COO): We've decided to focus on mining shallow reserves closer to the surface, which are less costly in terms of ventilation and energy. However, in the medium to long term, we will need to restart the declines and go deeper. Q: Regarding Blanket dividends, what were the dividends in 2024, and how much do you expect to extract from Blanket to fund other business areas? A: Unidentified_1 (CEO): Blanket is not a cash trap, and we aim to distribute as much cash as possible without over-distributing. At the current rate, facilitation loans should be repaid in about 12 months. Unidentified_2 (CFO) added that they expect a cash balance of $50 to $60 million by year-end. Q: With your current commitments, is it the right time to divest smaller exploration projects like Molly Green? A: Unidentified_1 (CEO): We have no intention of selling Molly Green as it is being incubated. We are focused on our current projects and have enough on our plate. Q: You set aside $41 million in CapEx for 2025. How much has been spent so far? A: Unidentified_2 (CFO): Approximately $10 million has been spent across both Blanket and Bilbos. The main challenge is the speed of spending due to procurement and service provider lead times, not cash availability. Q: With increased cash generation, will most of your CapEx for the rest of the year come from internal cash flows? A: Unidentified_1 (CEO): Yes, all CapEx is funded from internal cash generation. The $50 to $60 million cash balance expected by year-end is after CapEx spending. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
National Geographic
23-04-2025
- National Geographic
A cozy travel blanket is the little luxury that packs a big punch
By clicking on the featured links, visitors will leave and be directed to third-party e-commerce sites that operate under different terms and privacy policies. As a participant in multiple affiliate marketing programs, National Geographic will earn a commission for certain purchases. See full disclaimer below.* It may not seem like a necessity, but a comfy cozy travel blanket can make a big difference on trips. 'Some of us may sleep very well when we travel, while others may struggle,' says sleep expert Rebecca Robbins, an assistant professor in medicine at Harvard Medical School and an associate scientist at the Brigham and Women's Hospital. 'Bringing elements that are cozy and comforting, such as a blanket, eye mask, or other elements, can remind you of home and help set you up for sleep success while traveling.' For Heidi Bushko, a professional travel adviser based in Oldsmar, Florida, a personal travel blanket is an essential piece of travel gear. 'Sometimes it can be super cold on the airplane, you get to a hotel and there are not enough blankets, the bedding is scratchy,' she says. Our favorite travel blankets aren't just warm, they're also packable or—in the case of a weighted blanket—come with a case to make it easier to tote around. The BlueHills Travel Blanket Pillow will likely suit most general travelers. We love that it goes from blanket to pillow and feels super soft. From ultra-light to heated options, here are more great travel blankets. The best travel blankets Travel blankets can elevate any journey and even help you sleep better in new surroundings. Our top blankets blend comfort, packability, and portability, so it's easy to bring them along without hassle. Here's what we love about our favorites, along with a few things to keep in mind. Best travel blanket overall: BlueHills Travel Blanket Pillow Why we like it: This travel blanket is the ultimate multitasker. It's a cozy, ultra-soft blanket that turns into a plush pillow when it's packed into the included case. A backpack clip and a trolley sleeve for your luggage handle make it a cinch to tote. Customers say it washes well and does a good job of taking the chill off in airplane cabins and air-conditioned car rides. Keep in mind: While versatile, it can't be both a blanket and a pillow at the same time. Once tucked into the case, it functions solely as a travel pillow. However, you could stuff the pillow with something else. One reviewer recommends washing this blanket before you use it to prevent fuzz from getting all over you. Product details: Dimensions: 3.5 x 5 ft. (unfolded blanket); 7.3 x 11.6 in. (case) | Weight: 16 oz. | Fabric: Microplush (a type of polyester) | Colors: 7 Best travel blanket for airplane: Gravel Layover Travel Blanket Why we like it: This travel blanket was made for flying. It packs down to a compact size and it's easy to carry. The clever design features snaps that loosely fasten around your neck, so it stays in place while you nap. Foot pockets keep your toes toasty, while a zip pocket lets you stash your earbuds and lip balm. We love that its insulated and that the insulation is made from recycled plastic water bottles, according to the brand. Keep in mind: Taller travelers may find this blanket pulls a bit when it's snapped in around the neck and the foot pockets are used. This can be more noticeable when wearing your seatbelt, which must be secured outside of the blanket on an airplane. Product details: Dimensions: 3.3 x 5.5 ft. (standard); 4.5 x 6.3 ft. (XL); 8 x 5 in. (standard stuff sack) | Weight: 12.4 oz. (standard) | Fabric: Nylon | Colors: 5 ( This simple doodad is saving our feet on long flights ) Best weighted travel blanket: Bearaby Travel Napper Why we like it: This ultra-soft and snuggly weighted travel blanket is like bringing a sense of calm with you wherever you go. It even comes with a duffel bag, making it easy and convenient to tote. As hot sleepers, we like that the chunky, loose knit helps prevent you from getting too warm. Keep in mind: At 10 pounds, this blanket may be better suited for road trips and camping than air travel. While you can bring it on a flight, it's a bit heavy to carry through an airport. After all, it's a weighted blanket, so it's not designed for portability. Some report that this blanket takes longer than other weighted blankets to wash and fully dry. Product details: Dimensions: 3.3 x 5.3 ft. | Weight: 10 lbs. | Fabric: Organic cotton | Colors: 4 ( A good sleep mask can help you rest while traveling ) Best travel scarf blanket: Roam Often Travelista Travel Blanket Scarf Why we like it: This travel blanket scarf blends style, softness, and versatility. We love the checked design that comes in two go-with-everything colorways. It's big enough to use as a blanket but still looks good draped around your neck as a scarf. Keep in mind: Some reviewers say the 'black mix' colorway isn't truly black—it's more of a dark gray-brown. Product details: Dimensions: 2.8 x 6.4 ft. | Weight: NA | Fabric: Acrylic | Colors: 2 Best packable travel blanket: Boacay Packable Travel Blanket Why we like it: This velvety soft travel blanket zips up into a pouch that doubles as a pillow for on-the-go comfort. Plus, the microplush blanket features a carabiner so you can clip it to your backpack or tote bag. A trolley sleeve lets you slide the carrying bag onto your suitcase handle. Keep in mind: Some reviewers say this travel blanket sheds fuzzies, which can stick to your clothes. A quick wash and dry should take care of that. Product details: Dimensions: 3.3 x 5.3 ft. | Weight: 20.5 oz. | Fabric: Polyester | Colors: 4 ( Always cold? Try heated clothes on your next trip .) Best heated travel blanket: Gobi Heat Zen Portable Heated Blanket Why we like it: This travel blanket is equipped with three heat seatings powered by a rechargeable battery. The brand says it heats up in 30 seconds, with three heat zones helping to distribute warmth evenly. We love that this travel blanket is machine washable. Just remember to unplug and remove the battery before tossing it into the wash. Keep in mind: While TSA allows electric blankets through airport security, the final decision is up to the TSA officer. Battery-operated heated blankets are allowed in a carry-on or checked bag, according to TSA. Product details: Dimensions: 4.2 x 5.8 ft. | Weight: 60 oz. | Fabric: Polyester | Colors: 5 ( How to sleep better while traveling ) Best lightweight travel blanket: Litume Travel Blanket Why we like it: This travel blanket weighs just over 11 ounces. It's made with a polyester mesh fabric that's breathable and fast-drying, which is perfect for traveling. While it offers plenty of coverage, it packs down super small into a six-by-four-inch drawstring stuff sack with a handy strap. Keep in mind: Some reviewers found the blanket to be thinner than expected. It comes in two styles: velvet and fleece. Of the two, the velvet version is more compact when packed up. Product details: Dimensions: 4 x 5.6 ft. | Weight: 11.5 oz. | Fabric: Polyester | Colors: 3 Best fleece travel blanket: EverSnug Travel Blanket Why we like it: This ultra-soft travel blanket may be a bit heavier than others (it's just heavy enough to feel cozy), but its versatility more than makes up for its weight. It comes with a case that has a trolley sleeve for sliding onto your roll-aboard handle. 'This one I like because it has a carabiner, so you can clip it on the outside of your backpack,' says Bushko. 'It won't take up any room in your backpack. It's also great for the car.' Keep in mind: The cover, which doubles as the carry case, is separate from the blanket and can be a touch cumbersome to manage. Find a spot to stash it so it doesn't get lost on your travels. Product details: Dimensions: 3.3 x 5.4 ft. | Weight: 19.2 oz. | Fabric: Polyester | Colors: 7 ( We never travel without slippers. These are the comfiest .) Best travel blanket in a bag: Sagefinds Airplane Travel Blanket Why we like it: While many travel blankets come with their own carrying case, we like this one because of the supple jersey knit fabric. It's warm and stretchy enough for a chilly plane yet lightweight for a picnic. The carrying case has a zip-top and a trolley sleeve that attaches to your luggage handle. Keep in mind: This blanket has the thickness and texture of a T-shirt, so it may not provide the same warmth as a thicker fleece travel blanket. Product details: Dimensions: 3.3 x 5.4 ft. | Weight: 13.4 oz. | Fabric: Polyester cotton blend | Colors: 6 Best puffy travel blanket: Rumpl NanoLoft Travel Puffy Blanket Why we like it: With its cushy insulation, this travel blanket is made to feel like a cozy sleeping bag and packs into roll-top stuff sack. We like that the shell and insulation are made from 100-percent post-consumer recycled plastic water bottles, according to the brand. Plus, a neck snap helps keep the blanket in place when you're trying to get comfortable on a plane. Keep in mind: Although the company says this travel blanket clips to a backpack, it doesn't come with a carabiner. Product details: Dimensions: 3.1 x 4.3 ft. | Weight: 12.6 oz. | Fabric: Recycled polyester | Colors: 5 ( These are the most comfortable travel clothes for women ) How we chose the best travel blankets To find the top travel blankets, we interviewed travel experts and spent hours researching many highly rated options. In making our choice, we looked at these factors: Portability A good travel blanket should be easy to carry. We gave high marks to blankets that pack down small, come with a carry case, or have a built-in carabiner or sleeve to attach to luggage. Comfort Softness and warmth are essential, so we favored materials like fleece, microplush, or organic cotton. We also considered breathability to keep you get comfortable and prevent overheating. Versatility We like blankets that do more than keep you warm, so we've suggested those that double as pillows, scarves, or wraps, with features like foot pockets and neck snaps. 'As someone who prefers to travel light, I need my blanket to be multipurpose,' says Desiree Miller, founder of Des Miller Travel Media , which organizes small group trips for women in midlife and beyond. 'That sometimes means it can be worn as a garment.' Weight We understand the challenge of packing light , so we leaned into lightweight blankets, particularly for air travel, that don't sacrifice comfort or functionality. Tips for buying a travel blanket When shopping for a travel blanket, keep these tips in mind: Consider your needs Think about what matters most to you when you travel, like versatility, warmth, and functionality. Ask yourself how you want a blanket to enhance your travel experience, whether that's keeping you cozy on a long-haul flight or doubling as a pillow for neck support. Many of our top picks double as pillows or a scarf, like the Roam Often Travelista Travel Blanket Scarf . Look for easy maintenance Travel blankets will get dirty, so choose one that's machine washable and dries quickly. Breathable fabrics can also help keep a blanket fresh between washes. Factor in weight A travel blanket naturally adds to your load, so consider its weight. If packing light is a priority, look for one like our top pick, the Litume Travel Blanket , that's a cinch to carry without taking up extra space. 'For me, I love being able to connect [a blanket] to my bags while going through the airport,' adds Miller. Frequently asked questions Should I bring a blanket on a plane? Yes. Bringing your own travel blanket helps ensure you stay warm and comfortable, especially on long-haul flights. Plus, it can be more hygienic than using airline-provided blankets. Why did airlines stop giving blankets? Some airlines eliminated blankets to cut costs, reduce waste, and streamline in-flight services. Hygiene concerns, particularly during the pandemic, also contributed to the reduction of shared items, like blankets and pillows. What's the best material for a travel blanket? The best material depends on your needs and preferences. Fleece is a good choice because it's warm and lightweight. Breathable fabrics, like cotton and polyester, are easy to clean and provide warmth without adding bulk. Erin Gifford is a travel and outdoor writer based in Northern Virginia. Follow her on Instagram . *Although we are sharing our personal opinions of these experiences or products with you, National Geographic is not endorsing these experiences or products on behalf of anyone. It has not performed product safety testing on any of these products, did not manufacture them, and is not selling, or distributing them and is not making any representations about the safety or caliber of these products or experiences for individual consumers. Prices and availability are subject to change from the date of publication.
Globe and Mail
15-04-2025
- Business
- Globe and Mail
Caledonia Mining Corporation Plc Blanket Mine Q1 2025 Production
ST HELIER, Jersey, April 15, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN, AIM and VFEX: CMCL) announces Blanket Mine ("Blanket") gold production for the quarter ended March 31, 2025 ('Q1 2025' or the 'Quarter'). Highlights Quarterly gold production of 18,671 ounces, exceeding 17,050 ounces produced in the first quarter of 2024 ('Q1 2024'). New first quarter production record, surpassing the previous high of 18,515 ounces set in the first quarter of 2022. Tonnes milled for the Quarter were 201,755 tonnes, 23,793 tonnes (13.4%) above expectation. The surface stockpile increased significantly to approximately 15,000 tonnes as run-of-mine production exceeds milling capacity. Blanket remains on track to achieve gold production guidance of 74,000-78,000 ounces this year. 1 Commenting on the results, Mark Learmonth, Chief Executive Officer, said: 'I'm delighted to report that production in Q1 2025 has set a new record for production in a first quarter at Blanket, with over 18,500 ounces produced – a particularly strong performance given that the first quarter is traditionally our weakest. 'This achievement reflects continued operational improvements and the dedication of our team on the ground. The significant increase in both tonnes milled and the surface stockpile provide a strong foundation for the remainder of the year. 'This is an excellent start and with a strong gold price we are well positioned to generate healthy cash flows and to continue investing in our growth projects.' 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+ ( on May 15, 2024. 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 Pearl Kellie Tel: +44 207 397 1965 Tel: +44 131 220 9775 Panmure Liberum (Joint Broker) Scott Mathieson/ Ailsa MacMaster Tel: +44 20 3100 2000 Camarco, Financial PR (UK) Gordon Poole Julia Tilley 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. Examples of forward-looking information in this news release include: the achievement of annual gold production in 2025, the continued generation of healthy cash flows and investment in growth projects. 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: the successful implementation of mine plans, the establishment of estimated resources and reserves, the grade and recovery of minerals which are mined varying from estimates, success of future exploration and drilling programs, reliability of drilling, sampling and assay data, the representativeness of mineralization being accurate, success of planned metallurgical test-work, capital availability and accuracy of estimated operating costs, obtaining required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and Caledonia's experience of project development in Zimbabwe and other factors. 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.
