Caledonia achieves record production in Q3

Aim- and TSX-listed Caledonia Mining reported record gold production in the third quarter of 2016, amounting to 13 428 oz, from its Zimbabwe-based Blanket gold mine - 23% higher year-on-year and 7% higher than the previous record quarter. The company attributed this increase to a rise in tons mined and milled following the completion of infrastructure works. A third mill was installed at Blanket during the quarter, which should further improve plant capacity.