Blanket mine development progressing well – CFO

Construction of the Zimbabwe-based Blanket gold mine is “going as planned” and progressing well, says Aim-listed Caledonia Mining, which owns 49% of the mine. Speaking to Mining Weekly Online on Friday, CFO Mark Learmonth said the company’s $70-million development plan, which would be executed over the next five years, would double production at the mine to about 80 000 oz/y by 2021.