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Caledonia drops Blanket guidance

Caledonia Mining (AIM:CMCL) has decided to narrow the full-year 2018 production guidance range for its Blanket gold mine in Zimbabwe as output continues to lag slightly year-on-year.

Caledonia drops Blanket guidance Caledonia drops Blanket guidance Caledonia drops Blanket guidance Caledonia drops Blanket guidance Caledonia drops Blanket guidance

Caledonia is still on track to reach 80,000oz from Blanket by 2021

The range has been narrowed to 54,000-56,000 tonnes from the previous 55,000-59,000t.

Production from the mine in the September quarter was 13,978 ounces of gold, down 3% year-on-year, b...