In today’s Tip TV Mining segment, Caledonia Mining CEO Steve Curtis explains the factors that led the company to reduce production guidance for 2017 from approximately 60,000 ounces of gold to a range of between 52,000 ounces and 57,000 ounces of gold.
Curtis is happy to inform shareholders that the Central Shaft has now reached the 750 level and is on schedule to be completed by the fourth quarter of 2018.
Mark Learmonth, CFO and Director of Caledonia Mining sheds light on the company’s cash position looks due to the uptick in gold prices and expected increase in the output.
Watch the full segment for more info on-
Company’s long-term production target and developmental plans
& The Improving work environment in Zimbabwe