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Caledonia completes central shaft works at Blanket

Caledonia Mining has finished equipping the new central shaft at its Blanket gold mine in Zimbabwe, a crucial step in the company’s plans to ramp up production in the coming years.

Caledonia completes central shaft works at Blanket Caledonia completes central shaft works at Blanket Caledonia completes central shaft works at Blanket Caledonia completes central shaft works at Blanket Caledonia completes central shaft works at Blanket

Caledonia Mining's Blanket gold mine in southern Zimbabwe

The AIM-listed company said the cost of the project had come in "considerably below budget", with capital costs since 2015 amounting to US$60 million, compared with initial contractor quotes of US$100

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