Caledonia’s Blanket mine on course to produce 50 000 oz in 2016

Gold production from dual-listed Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, increased 8.7% year-on-year for the three months to March 31.     About 10 822 oz of gold were produced during the quarter – an improvement on the 9 960 oz of gold produced by the mine in the same period in 2015. However, production decreased by 6% from the previous quarter’s 11 518 oz.   Caledonia CEO Steve Curtis said on Thursday that the company remained on track to ...