Caledonia Advances Blanket Mine Development

News: AIM-listed Caledonia Mining has announced that construction of the Blanket gold mine in Zimbabwe is progressing according to plan. The miner's USD70mn development plan for the mine, to be executed over the next five years, is expected to double annual output to nearly 80,000 ounces of gold by 2021. The mine has already received the required winders while other aspects of the plan, including sinking of a subvertical shaft to about 980m below surface, are also progressing well. 'We are...

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