The project is primarily intended to protect the Blanket gold mine from any further deterioration in the electricity supply situation.
Caledonia Mining Corporation has entered a MOU with Fremiro Investments with the intention to purchase Femiro’s 15% shareholding in Blanket Mine.
Caledonia Mining has announced its operating and financial results for the first quarter of 2018. Gold production in the quarter was 12,924 oz, marginally higher than the first quarter of 2017 and in-line with expectations.
Gold producer Caledonia Mining Corporation reported record gold production for its 2017 year of 56 133 oz - 11% higher than in 2016. The company...