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Caledonia Mining Corp PLC - gold producer with operations in Zimbabwe - Says its on track to hit target production of 73,000 to 80,000 ounces of gold in 2022 and notes it continues to evaluate investment opportunities in Zimbabwe and elsewhere.
‘Gold production so far this year has been strong,’ Chief Executive Mark Learmonth adds.
Also declares $0.14 quarterly dividend.
Learmonth continues: ‘Although the dividend continues to be a central part of our strategy, I am very excited with the opportunity that we have to evolve our business in Zimbabwe and de-risk it from being a single asset producer.’
Current stock price: 927.00 pence, up 1.3% on Tuesday
12-month change: up 2.4%
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