Tip TV Mining: Caledonia eyes 20% jump in output & increasing returns to scale

Mark Learmonth, CFO & director of Caledonia Mining says the company is targeting a 20% jump in the output (from 50,000 ounces of gold in 2016 to 60,000 ounces of gold in 2017) as it continues to ramp up the blanket mine in Zimbabwe.

Learmonth adds, “As we boost production, the cost of production per unit drops”.
Maurice Mason. VP Corporate Development & Investor Relations at Caledonia Mining updates viewers about the efforts undertaken to reach out to existing/potential shareholders.

Watch the full segment to know the advantages and challenges faced by Caledonia due to it being located in Zimbabwe.

 

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