HARARE, October 5 (The Source) – Blanket Mine, a 49 percent owned subsidiary of Canada-listed Caledonia Mining Corporation, produced 14,389 ounces of gold in the third quarter ended 30 September, a new quarterly record for the mine.
HARARE, August 15 (The Source) – Caledonia Mining Corporation has reported an eight percent increase in gold production at its Blanket Mine to 25,315 ounces in the six months to June 30.
HARARE, May 29 (The Source) – Caledonia Mining Corporation says it will seek shareholder approval to consolidate the share capital of the company to facilitate the listing of its shares on the New York Stock Exchange (NYSE MKT). The junior miner, which operates Blanket Mine… Read More
HARARE, May 9 (The Source) – Caledonia Mining Corporation has cut its gold production target this year to between 52,000 and 57,000 ounces from 60,000 oz despite improvements in tramming capacity at its Blanket Mine, the company said on Tuesday. Canada-listed Caledonia is one of… Read More
HARARE, April 20 (The Source) – Caledonia Mining says gold production at its 49 percent- owned Blanket Mine in southern Zimbabwe rose by 18 percent to 12,794 ounces in the three months to March 31. The junior miner says it expects to meet its annual… Read More
HARARE, March 21 (The Source) – Caledonia Mining Corporation on Tuesday reported an 18 percent increase in gold production to 50,351 ounces in the year to December 31, 2016 – the highest output ever at its Blanket Mine near Gwanda. Net profit nearly doubled… Read More
HARARE, January 12 (The Source) – Gold production at Caledonia Mining Corporation’s low cost Blanket Mine near Gwanda rose 18 percent up to 13,591 ounces in the three months to December 31 from 11,515 ounces in the prior year driven by improved infrastructure. Annual production… Read More
HARARE, December 1 (The Source) – Canada-listed Caledonia Mining Corp (Caledonia) says the Reserve Bank of Zimbabwe has given assurances that it will pay for all gold deliveries in United States dollars, despite the introduction of a local ‘bond note’currency. Caledonia operates the Blanket gold… Read More
BULAWAYO, October 7 (The Source) – Blanket Mine, a 49 percent owned subsidiary of Canada-listed Caledonia Mining Corporation Plc, says gold production in the third quarter to September 30 was 7.4 percent up on the prior three months to 13,430 ounces. Caledonia said the mine… Read More
HARARE, August 12 (The Source) – Caledonia Mining Corporation’s net profit more than doubled in the first half-year to June on higher gold output at its Blanket Mine in Gwanda and improved mineral prices. Net profit was $4,1 million compared to $1,5 million over the… Read More
BULAWAYO, July 29 (The Source) – Caledonia Mining Corporation on Thursday announced that the mineable resource at its Blanket Mine in Zimbabwe had increased by 67 percent following exploration. Caledonia has a 49 percent stake in the gold mine near Gwanda. In a statement the… Read More
HARARE, July 11 (The Source) – Caledonia Mining Corporation says gold output at its 49 percent owned Blanket Mine rose 20 percent to 12,509 ounces in the second quarter to June, a trend likely to continue for the remainder of the year. The output was… Read More
HARARE, July 7 (The Source) – Caledonia Mining Corporation, says planned increases in production at 50,000 ounces and 65,000 ounces in 2016 and 2017 respectively are expected to result in a lower average cost of production at its Blanket mine near Gwanda, boosting dividends. Blanket… Read More
HARARE, June 3 (The Source) – Zimbabwe’s perceived country risk for foreign investors is exaggerated after success of junior miner, Caledonia Mining which has operated in the country for the past decade and paying dividends to foreign investors in that time, according to a research… Read More