Caledonia announces record production from its Blanket mine in Zimbabwe. The mine produced 57.9koz gold in 2020 (WHIe 55.5oz) up from the 55.2koz produced last year and beating its previous record production in 2017 of 56.1koz gold. Final quarter production of 15koz put Blanket in this position which bodes well for next year's production guidance of between 61 – 67koz (WHIe 65.8koz at the upper end of guidance) as production through the Central Shaft is expected to finally initiate.
18 Jan 2021
WHI First Light: Caledonia Mining (CMCL) - Record Full year production from Blanket
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WHI First Light: Caledonia Mining (CMCL) - Record Full year production from Blanket
Caledonia Mining Corporation PLC (CMCL:LON) | 825 -206.3 (-2.9%) | Mkt Cap: 158.4m
- Published:
18 Jan 2021 -
Author:
Paul Smith -
Pages:
4
Caledonia announces record production from its Blanket mine in Zimbabwe. The mine produced 57.9koz gold in 2020 (WHIe 55.5oz) up from the 55.2koz produced last year and beating its previous record production in 2017 of 56.1koz gold. Final quarter production of 15koz put Blanket in this position which bodes well for next year's production guidance of between 61 – 67koz (WHIe 65.8koz at the upper end of guidance) as production through the Central Shaft is expected to finally initiate.