Caledonia Mining Corporation brings in record level of gold production as

() (NYSE:CMCL) CFO Mark Learmonth tells Proactive 2020 was ‘a great year,’ where gross profit rose to US$46mln, from US$31mln in 2019, as revenue jumped a third to US$100mln.

Learmonth says gold production climbed to 58,000 ounces, on record annual production from the Blanket mine in Zimbabwe. The group hopes to increase production levels to 80,000 as well as bring costs down, and increase cash generation.