Caledonia Mine produced 37,823 ounces of gold at its Blanket Mine in Zimbabwe in the first half of 2024, a 13% increase on the 33,472 ounces produced in the same period a year earlier.
"Blanket Mine continues to provide a solid foundation for growth as we prepare to become a multi-asset gold producer,” said chief executive Mark Learmonth.
“Production in the first half of 2024 was excellent and has exceeded our expectations.”
He said Caledonia remains on track to reach its annual production target of 74,000 to 78,000 ounces of gold at Blanket.
The miner said the second quarter gold production at Blanket was 20,773 ounces, a 19% increase on the 17,436 ounces produced in the second quarter of 2023.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
