Aim- and TSX-listed Caledonia Mining Corporation’s share price on the LSE rose by nearly 10% on Thursday after the company announced that its earnings for 2019 would be substantially higher than market expectations. It pointed out that the continued strength of the gold price, the company’s higher-than-expected production and its lower-than-expected operating costs had resulted in expected adjusted earnings a share of between $1.55 and $1.75, compared with the company’s initial guidance of earnings a share of between $0.86 and $1.17.
