Caledonia Mining is trading at $23.11 (-5.31%) after reducing its 2026 production guidance.

  • Third-quarter gold output was 17,030 ounces, down from 19,106 ounces a year earlier; the company cited compressed-air shortages at key mining areas and gold temporarily retained in the processing plant.
  • On October 9, it lowered 2026 guidance to 69,000–72,500 ounces from 72,000–76,500 ounces and raised on-mine cost and all-in sustaining cost guidance, citing lower expected production volumes.