Caledonia Mining reported a strong Q3 2025 performance with a 52% revenue increase to $71 million and significant EBITDA growth of 162% to $33 million, driven by higher gold prices, despite a tragic fatality at the Blanket mine.
- Gold production at Blanket reached over 19,000 ounces, benefiting from a rising gold price of approximately $3,400 per ounce, up 40% quarter-on-quarter.
- The company declared a quarterly dividend of $0.14 per share, underscoring its commitment to returning value to shareholders.
- Operational improvements included the introduction of short interval control systems, leading to enhanced production consistency.
- Despite strong operational metrics, a temporary drop in ore grade was noted due to safety-related halts following a fatal incident.
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