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Caledonia trims guidance due to shaft work

Gold miner puts mine development first at Africa site

Cameron French
Under wraps ... Caledonia has lowered FY17 production guidance for the Blanket mine to 52,000-57,000oz

Under wraps ... Caledonia has lowered FY17 production guidance for the Blanket mine to 52,000-57,000oz

Caledonia now expects to produce 52,000-57,000 ounces of gold this year, down from its previous guidance of 60,000oz. Earnings per share should also be lower, to a range of US24-31c from 34c, assuming...

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