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Caledonia Mining hails a 'terrific' quarter with record results

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Caledonia Mining's chief executive Mark Learmonth tells Proactive the company is buoyant after impressive results and 20,000 oz gold production in its latest quarter.

This puts the company in a strong position to achieve its annual target of 80,000 oz., he said.

"Higher production and good cost control drove a substantial increase in profits."

Learmonth also talks about the possible deal to acquire the high-grade open pit Bilboes project in Zimbabwe.

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Mining Precious Metals
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