Zimbabwe-based miner hopes to build on growth
Caledonia reported record quarterly gold production of 21,772 oz, up 3% on the same period last year. The mine produced 55,244 gold in the nine months to the end of September. Caledonia maintained its full gold production guidance of 75,000-80,000 oz.
"We have invested heavily in Blanket over the last seven years, including investment this year to construct a new tailings storage facility which is expected to have a life of at least 15 years, based on the current production profile, and will support production well into the future," Caledonia chief executive Mark Learmonth said.
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