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New shaft boosts production at Blanket

Caledonia Mining saw gold production surge 24% year-on-year in the June quarter as the miner’s newly completed shaft at the Blanket mine in Zimbabwe clicked into gear.

Oonagh Reidy
Caledonia Mining's Blanket gold mine in Zimbabwe

Caledonia Mining's Blanket gold mine in Zimbabwe

Volumes were a quarterly record of 16,710 ounces.   The strong performance saw the AIM and NYSE-listed miner lift its dividend for the sixth time in two years to US$0.13c, which marks an 8% lift on...

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