Caledonia Mining Corporation (NYSE:CMCL) has released its gold production figures for the second quarter and the first half of 2024 from its Blanket Mine in Zimbabwe.

For Q2 2024, the mine produced 20,773 ounces of gold, marking a 19% increase compared to the 17,436 ounces produced in the same quarter of 2023.

Overall, the Blanket Mine produced 37,823 ounces of gold in the first half of 2024. This represents a 13% increase over the 33,472 ounces produced in the first half of 2023.

Looking ahead, Caledonia Mining has reaffirmed its gold production guidance for 2024, projecting an annual output ranging between 74,000 to 78,000 ounces.