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Lisbon News
WORLD2026-03-2307:34:00 UTC

Caledonia Mining Achieves Record Profits Amidst Rising Gold Prices

Editorial Staff · 1 min read

Caledonia Mining has announced record profits, reflecting a strong financial performance in the current market environment.

The surge in gold prices has resulted in a tripling of cash flow for the company, showcasing the benefits of favorable market conditions.

Additionally, Caledonia reported a 50% increase in EBITDA, further highlighting the positive impact of the robust gold market on its financial results.

Updates

Update at 06:59 UTC on 2026-05-11

Mining & Resources reported Caledonia Mining reports 50% EBITDA surge helped by strong gold price Proactive financial news.

Sources: Mining & Resources