Caledonia Mining Corporation Plc has announced gold production from the Blanket Mine in Zimbabwe for 2Q24 and 1H24. All production numbers are expressed on a 100% basis and are based on final assays from the refiner.
Production summary
- 2Q24 gold production at Blanket was 20 773 oz, a 19% increase on the 17 436 oz produced in 2Q23.
- 1H24 gold production at Blanket was 37 823 oz, a 13% increase on the 33 472 oz produced in 1H23.
- Caledonia reiterates 2024 gold production guidance at Blanket of 74 000 – 78 000 oz.
Mark Learmonth, Chief Executive Officer, said:
“Blanket Mine continues to provide a solid foundation for growth as we prepare to become a multi-asset gold producer. Production in the 1H24 was excellent and has exceeded our expectations. We remain on track to hit our annual production target of 74 000 – 78 000 oz of gold.”