AIM and NY listed Caledonia Mining Corporation (CMCL) looks to improved times ahead as it organises its house to better benefit from the recent surge in the price of gold. One way to lever an improved return from gold is to invest in gold producers. CMCL is a Zimbabwean focused exploration, development and gold mining company. It owns a 64% stake in the Blanket Mine and 100% stakes in other gold mining claims mines in the area. It's recently said that Q1 output this year was up 6% at 17,050 ounces of the precious metal. IGTV’s Jeremy Naylor caught up with CMCL chief executive Mark Learmonth to discuss the apparent mis-match between the company’s share price and the surge in gold. The discussion touches on the areas the company believes need to be addressed to steer a path back to better returns. The CEO also talks about its London listing, having been picked up in New York to represent part of the Russell 3000 index.s
#gold #trading #london
Subscribe ► kzread.info...
Learn how to trade with IG: upl.inc/the-world-of-ig
We provide fast and flexible access to over 17,000 financial markets - including indices, shares, forex and commodities - through our award-winning range of platforms and apps.
Established in 1974 as the world’s first financial spread betting firm, we’re the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands.
Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit.
* Based on revenue excluding FX (published financial statements, February 2023).
† For the 12 months preceding 1 July 2023.