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Caledonia Mining: Record Production in 2020 - Commissioning of Central Shaft almost Completed

16:57 MIN 1.943

Caledona Mining just released its financial results for 2020:

- Gross revenues of $100 million (2019: $75.8 million)
- Gross profit of $46.6 million (2019: $31.1 million) at a gross margin of 47% (2019: 41%)

The company is on plan to commission the shaft in the next weeks and will be producing over 80,000 ounces of gold in 2022.