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Caledonia Mining reports 'excellent performance' at Blanket has continued into Q4

Caledonia Mining PLC's (LON:CMCL) Mark Learmonth talks Proactive London's Andrew Scott through the miner's third quarter update.

Production at its Blanket mine in Zimbabwe rose by 7% in the period.

Gross profits increased 75% to US$8.5mln helped by a higher gold price, though the devaluation of Zimbabwe's currency meant higher net profits but lower earnings per share.

Quick facts: Caledonia Mining Corporation PLC

Price: 1320 GBX

AIM:CMCL
Market: AIM
Market Cap: £152.08 m
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Caledonia Mining CEO 'very pleased' with production as quarterly dividend is...

Caledonia Mining Corporation PLC's (LON:CMCL) (NYSE AMERICAN:CMCL) Steve Curtis caught up with Proactive London's Andrew Scott after declaring a further increased quarterly dividend of 8.5 US cents, a 13% hike from the previous quarterly dividend of 7.5 cents. Curtis adds that gold...

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