Caledonia Mining Q2 gold output at Blanket Mine rises 18% to 17,360 oz
CMCL•Q2 output rises as grade improves
Caledonia reported Q2 2026 gold output at Blanket Mine of 17,360 oz, up 18% from 14,767 oz in Q1.
- Average grade rose to 2.88 g/t in Q2; July-to-date grade tracked at 3.05 g/t.
- The company maintained 2026 production guidance of 72,000-76,500 oz, with output expected to be second-half weighted.
- An elution plant upgrade is due in Q3 2026; processing of stockpiled fine-grain loaded carbon is expected from September.
- A seven-day working week from June targets roughly 200 tonnes/day of additional ore, supporting higher second-half production.
