Caledonia maintains full-year guidance despite below-target first-quarter output

Triple-listed Caledonia Mining has maintained its full-year production guidance for its 49%-owned Blanket mine, in Zimbabwe, despite first-quarter production having been below target. The Aim-, TSX- and NYSE American-listed company on Tuesday reported that the mine had produced 11 948 oz of gold in the first quarter, compared with the 12 924 oz produced in the first quarter of 2018.