Caledonia Mining Surges on Strong Q2 Results | Business and Finance News

Caledonia Mining is on fire—Q2 numbers show a major rebound with production up 18%, revenue soaring 16% to $76M, and profits after tax climbing 27% to $30M. EBITDA hit nearly $46M, EPS jumped 29%, and they’re sitting on over $167M in cash. Key wins include 400+ consecutive safe days at work, smart operational tweaks, and solid funding via convertible notes. The focus ahead? Scaling Blanket Mine, fast-tracking Bilboes (targeting late 2028 production), and unlocking exploration potential at Motapa—all while managing costs and riding higher gold prices to fuel sustained growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d93baf71873125a0