Caledonia reports another 'solid' quarterly production performance at Blanket
Zimbabwe-focused gold miner Caledonia Mining Corporation's Blanket mine produced 19 106 oz in the third quarter ended September 30, compared with the 18 992 oz of gold produced in the third quarter of 2024.
Production for the nine months to September 30 was also higher year-on-year at 58 846 oz, compared with the 56 815 oz produced in the first nine months of 2024.
The company notes that the mine is on track to meet its full-year production guidance of between 75 500 oz and 79 500 oz.
"We're pleased to report another quarter of solid performance at Blanket, building on the exceptional start to the year. The consistency of our output reflects the strategic investments we've made across the business and we remain on track to meet our increased production guidance," CEO Mark Learmonth says.
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