Articles tagged 'blanket mine'

Blanket 'covers' Caledonia 22 September 2018 HARARE - Caledonia Mining Corporation (Caledonia) has received a boost after its Zimbabwe-based Blanket Mine increased total resources by 86 percent to almost 1,8 million ounces. Steve Curtis, Caledonia’s chief executive, said the substantial increase in inferred resources, at a grade of 4,5 g...
Caledonia intensifies safety measures 14 August 2018 HARARE - New York Stock Exchange-listed resources firm Caledonia Mining Corporation (Caledonia) says it has intensified efforts to strengthen safety measures at its Zimbabwean unit, Blanket Mine, after four people died in fatal accidents in the last 18 months. Steve Curtis, the Caledonia chief...
Caledonia cash flow up 296pc 15 May 2018 HARARE - London Stock Exchange-listed resources firm, Caledonia Mining Corporation (Caledonia), says its cash from operating activities surged by 296 percent to $7 million in the first quarter from $1,77 million in the 2017 first quarter due to “substantial increase in cash from operating activit...
Caledonia records 56 135 ounces of gold 16 January 2018 HARARE - New York Stock Exchange-listed gold mining firm, Caledonia, recorded 56 135 ounces of gold last year, ahead of the 54 000 ounces target. The Zimbabwe focused gold producer's chief executive Steve Curtis said 2017 production represents a new annual production record for the Blanket Min...
Blanket Mine boosts Caledonia expansion plans 2 June 2015 HARARE - London-listed Caledonia Mining Corporation Limited (Caledonia)’s expansion plans have been given a boost by an increase and upgrade in the gold resource at its Zimbabwean Blanket Mine (Blanket). This comes after an extensive drilling programme has been able to move 491 000 ounces of g...
Blanket's gold production declines 3 April 2015 HARARE - Blanket Mine (Blanket) gold production declined to 41 771 ounces in 2014 from 45 527 ounces registered in 2013 due to lower head grade. Steve Curtis, chief executive of Caledonia Mining Corporation (Caledonia) — the parent company of Blanket — said 2014 was another challenging year du...
Blanket Mine's gold output down 13 August 2014 HARARE - AIM-listed Caledonia Mining Corporation (Caledonia) says gold production at its Zimbabwe-based Blanket Mine (Blanket) declined from 22 060 ounces in the first half of 2013 to 21 464 ounces in the half-year of 2014 due to lower grades and declining gold prices. Although production incr...
Caledonia targets 50 000oz by 2015 16 May 2014 HARARE - Canada-based miner Caledonia Mining Corporation (Caledonia) says plans are on course to ramp up production of its Zimbabwean gold producer Blanket Mine to over 52 000 ounces (oz) in 2015. The local unit, 49 percent owned by Caledonia, is currently implementing a growth strategy, targe...
Blanket gold production up 14 November 2013 HARARE - Toronto-listed Caledonia Mining Company (Caledonia) says its Zimbabwe-based Blanket Mine (Blanket) produced 12 042 ounces of gold in the quarter to September 2013, surpassing a target of 11 000 ounces. The group said the local unit produced 34 102 ounces in the nine months to Septembe...
Blanket Mine production up 10% 2 July 2013 HARARE Gold production at Blanket Mine (Blanket) increased by 10,7 percent to 11 592 ounces in the second quarter compared with 10 472 ounces in the first quarter this year, the company announced on Tuesday. The total for the first half of 2013 was 22 064 ounces, up 6,5 percent on the same period...
Blanket concludes indigenisation deal 12 October 2012 HARARE - AIM-listed Caledonia Mining has completed the indigenisation of its Zimbabwe-based Blanket gold mine after securing approvals from the Reserve Bank of Zimbabwe (RBZ). The indigenisation deal, as outlined in a February memorandum of understanding with Zimbabwe s Indigenisation minister Sa...