Caledonia Mining Corporation plc (LON:CMCL) CEO Steve Curtis joins DirectorsTalk to discuss operating and financial results for the quarter ended March 31st, 2021.
Steve talks us through highlights and challenges for the quarter, explains why there was a drop in net cash for the period, how the Government of Zimbabwe´s plans to put in place export and investment incentives to promote economic growth, diversification and competitiveness in the country has affected Caledonia, lets us know if they are still on track to hit guidance of 61-67k ounces and the newsflow can we expect over the next few months.
Caledonia Mining is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe. By 2022 the Company plans to increase its annual production by 45%, up to 80,000 ounces.