Caledonia Mining Corporation plc reported revenue of $71.4 million for the three months ended September 30, 2025, up from $46.9 million for the same period in 2024. For the nine months ended September 30, 2025, revenue was $192.9 million compared to $135.5 million in 2024. Royalty expenses for the quarter were $3.5 million, with production costs at $27.1 million and depreciation at $4.0 million. For the nine-month period, royalty expenses totaled $9.8 million, production costs were $73.7 million, and depreciation was $11.9 million. During the quarter, the company reported a fatality at the Blanket Mine related to secondary blasting, prompting a comprehensive review of safety procedures and training.
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