Earnings ·
Caledonia Mining Corporation Plc reported unaudited financial results for the six months ended June 30, 2026
CMCLCaledonia Mining Corp Plc
Caledonia Mining Corporation Plc reported unaudited financial results for the six months ended June 30, 2026. Consolidated revenue increased to $142.3 million from $121.5 million in the prior year period, driven by a higher average realized gold price of $4,502 per ounce compared to $3,045. Gold production declined 18.8% to 32,916 ounces due to lower grades and constrained access at the Blanket mine. Net profit attributable to shareholders rose to $39.7 million from $29.4 million, supported by a $15.5 million fair value gain on derivative instruments. The company reaffirmed its 2026 production guidance of 72,000-76,500 ounces at Blanket and revised the all-in sustaining cost range upward to $2,500-$2,700 per ounce. Caledonia is a Zimbabwean-focused exploration, development, and mining company.