Caledonia lifts second-quarter output, Central Shaft project progressing slower than planned

NYSE- and Aim-listed Caledonia Mining has reported a 30% year-on-year increase in profit to $9.2-million for the quarter ended June 30.

Earnings before interest, taxes, depreciation and amortisation (Ebitda) were $9.6-million, which was 35% higher than the Ebitda of $7.1-million reported for the quarter ended June 30, 2019.