Blanket Mine maintains output within annual production target

Oliver Kazunga, Acting Business Editor

GWANDA-BASED gold miner, Blanket Mine has  maintained its output within the revised increased production guidance of between 55 000 ounces and 58 000oz for last year, producing 57 899oz.

In a production update for the fourth quarter ended 31 December 2020, Caledonia Mining Corporation, which owns Blanket Mine also indicated that output for its  local operation during the quarter under review remained flat 15 012 ounces from 15 164oz in the previous quarter.

“Caledonia announces quarterly and annual gold production from the Blanket Mine in Zimbabwe for the quarter ended 31 December 2020. Record total production during 2020 was 57 899oz, the top end of the company’s revised increased guidance.

“Approximately 15 012oz of gold was produced during the quarter.” – @okazunga

Related Posts

Hifa confirms comeback plans amid growing speculation

Gift Moyo, [email protected] THE organisers of the Harare International Festival of the Arts (Hifa) have moved to reassure arts lovers that the festival’s long-awaited return after an eight-year hiatus is…

Bagga We Ragga gears up for Chitungwiza album launch

Nodumo Moyo, [email protected] RISING hip-hop and Afro-pop artiste Bagga is set to launch his anticipated new album in Chitungwiza on August 29. Born Nigel Nyagato and popularly known as Bagga…

Leave a Reply

Your email address will not be published. Required fields are marked *

×