Caledonia Mining Q3 profit falls 39% to $11.3M amid production challenges

Caledonia Mining reported a 39% drop in Q3 profit to $11.3 million, impacted by a decrease in output at the Blanket mine. Production fell 11% to 17,030 ounces due to compressed-air shortages and plant delays. The company has revised its 2026 production guidance to between 69,000 and 72,500 ounces.

Originally published by gnews