Caledonia Mining posts US$135.5m revenue, sells solar plant for US$22m

📅 Published: August 18, 2025

📰 Source: nehandaradio

Curated by AllZimNews.com

The company’s nine-month revenue stood at US$135. 5 million.

Gross profit for the quarter increased to US$19. 3 million, up from US$14. 1 million in the comparable quarter of 2023, driven by higher gold prices and lower costs at the Bilboes oxide mine.

On-mine cost per ounce for the quarter rose to US$1,056, compared to US$928 in the third quarter of 2023, primarily due to lower ounces sold and higher production costs at Blanket.

The company’s all-in sustaining cost (AISC) per ounce for the quarter was US$1,501, up from US$1,268 in the comparable quarter, driven by lower ounces sold, higher on-mine costs, and increased cash-settled share-based payment expenses.

Basic IFRS earnings per share (EPS) for the quarter decreased to 12. 0 cents, down from 24. 1 cents in the third quarter of 2023.

Adjusted EPS for the quarter stood at 26. 2 cents, down from 29. 9 cents in the comparable quarter.

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London-listed Caledonia delivers massive growth from strong…Aug 14, 202522,208
London-listed Caledonia delivers massive growth from strong…Aug 14, 202522,208
London-listed Caledonia delivers massive growth from strong…
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