Caledonia Mining Corporation Plc - Blanket Mine Q2 2026 Production Update

Caledonia Mining Corporation Plc reported gold production of 17,360 ounces for the Blanket Mine in Q2 2026, an 18% increase from Q1 2026. This improvement is attributed to better access to higher-grade mining areas, with average grades increasing to 2.88g/t in Q2 and reaching 3.05g/t in July. The company reaffirms its 2026 production guidance of 72,000 to 76,500 ounces. Production is expected to be weighted towards the second half of the year due to planned mining sequences and improving access to higher-grade ore. Initiatives such as the elution plant upgrade and a 7-day working week are anticipated to further boost production in H2 2026. The company remains confident in achieving its full-year production targets.