Caledonia Mining Corporation Plc has reported positive gold production results for their Blanket Mine in the first half of 2024.
Q2 2024 gold production at Blanket was 20,773 ounces, a 19% increase from the 17,436 ounces produced in the second quarter of 2023. H1 2024 gold production at Blanket was 37,823 ounces, a 13% increase from the 33,472 ounces produced in the first half of 2023.
Caledonia reiterates its 2024 gold production guidance at Blanket of 74,000 to 78,000 ounces.
According to Mark Learmonth, Chief Executive Officer,
“Blanket Mine continues to provide a solid foundation for growth as we prepare to become a multi-asset gold producer. Production in the first half of 2024 was excellent and has exceeded our expectations. We remain on track to hit our annual production target of 74,000 to 78,000 ounces of gold.”