PRECIOUS METALS

Caledonia sees rising production as dividends soar

Caledonia Mining expects production from its flagship Zimbabwean Blanket gold mine to rise by around 16% year-on-year in 2022, while shareholders this month are set to receive a quarterly dividend that has more than doubled in the past two years, the company said.

Nathan Richardson
Caledonia's Blanket mine in Zimbabwe

Caledonia's Blanket mine in Zimbabwe

The miner, which is headquartered on the self-governing island of Jersey in the British Isles, said that for 2022 it is targeting production of 73,000-80,000oz of gold from Blanket. That would be up from...

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