Caledonia Mining Corporation has announced record gold production from the Blanket Mine in Zimbabwe for the quarter ended 30 June 2022.
All production numbers are expressed on a 100% basis and are based on the final assay at the refiners.
Commenting on the announcement, Dana Roets, Chief Operating Officer, said:
“Production in the first half of 2022 was excellent and exceeded our expectations. Production excludes an estimate of approximately 1,500 ounces of recoverable gold included in an ore stockpile which will be processed after the commissioning of additional milling capacity in the next few weeks.
“We have now achieved our quarterly target of 20,000 ounces and are on track to hit our
annual production target of between 73,000 – 80,000 ounces of gold.”
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.