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Caledonia Mining's Q3 2025 profits surged 467% on strong gold sales and prices, despite a fatal blast at Blanket.
Caledonia Mining Corp. reported strong Q3 2025 results, with revenue up 52% to $71.4 million, driven by higher gold prices and sales.
Gold production totaled 19,106 ounces at Blanket and 437 at Bilboes, with 20,792 ounces sold.
Profit after tax surged 467% to $18.7 million, EBITDA rose 162% to $33.5 million, and free cash flow turned positive at $5.9 million.
On-mine costs were $1,228 per ounce, AISC $1,937.
The company maintained $44.3 million in liquidity, declared a 14-cent dividend, and appointed new director July Ndlovu.
A fatality at Blanket due to a blasting incident prompted a safety review.
The Bilboes feasibility study is expected imminently.
Las ganancias de Caledonia Mining en el tercer trimestre de 2025 aumentaron un 467% debido a las fuertes ventas y precios del oro, a pesar de una explosión fatal en Blanket.