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IN BRIEF: Caledonia Mining Ups Payout And Output Holds Strong

Mon, 29th Jun 2020 19:09

Caledonia Mining Corp PLC - Jersey-based gold producer - Ups dividend by 7.5% quarter-on-quarter to 8.5 US cents. Says business showing "resilience" amid Covid-19 with gold production in line with guidance range of 53,000 to 56,000 ounces for 2020. Also benefiting from higher gold price and cost savings.

Current stock price: 1,330.00 pence

Year-to-date change: up more than double from 615.00p

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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