Search results: caledonia

CALEDONIA Mining Corporation says its local gold mining operation, Blanket Mine, “slightly” missed the first quarter production target but remains on track to achieve the 2021 projection of between 61 000 and 67 000oz.In a trading update...

Gold deliveries declined to 3,97 tonnes during the first three months of 2021 from  5,72 tonnes during the comparable period last year after heavy rains swamped shafts and kept artisanal miners from work for prolonged periods.Following...

Resources group Caledonia Mining Corporation Plc says first quarter gold production at its local unit — Blanket Gold Mine came in slightly lower than same period last year due to flooding. The quarter under review is generally synonymous with...

Large scale mining operations in Zimbabwe... Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...

GWANDA-BASED gold miner, Blanket says it is planning to invest US$35,8 million in plant maintenance and the implementation of its new underground operation called Central Shaft.The massive capital outlay will also be deployed towards setting up...

CALEDONIA Mining Corporation has injected US$67 million using internal cashflow initiatives into Blanket Mine’s five-year Central Shaft sinking project, which is due for commissioning this quarter.The Gwanda-based gold mine, which is owned by Caledonia, completed the...

Glencore said on Wednesday its copper and cobalt production fell in 2020 after the Mutanda mine closure in Democratic Republic of Congo but said the ramp up of another mine in the African country was progressing well. The London-listed...

Market analyst Roskill forecasts that cobalt’s all-in sustaining cost of production will fall by around 2% y-o-y in 2021, from $23,085/t to $22,600t.In a recent report, Roskill explains that, as a result of this prediction, it estimates...

Despite being exempted from operating throughout the Covid-19 pandemic period, the mining sector faced several challenges that saw the chrome industry grinding to a halt. Unki Mines, Hwange Colliery Company Limited and How mine confirmed some...

CALEDONIA Mining Corporation says it has completed a US$60 million project to equip its Central Shaft at its flagship Blanket Mine in Gwanda, Matabeleland South.The development extends Blanket Mine’s life to 2034 with the Central Shaft...

Gold mining investors are pressuring Zimbabwe to change a law forcing producers to sell their output to the central bank, which partly pays them in local currency that’s worthless outside the country.That law is making it...

CANADIAN-based resources group, Caledonia Mining Corporation, has identified an international renewable energy firm, Voltalia, as the contractor to build a 12MW solar power plant at Blanket Mine in Matabeleland South.The group, which is listed on the...