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Caledonia Mining hits 'target runway' as gold production rises 20%

Caledonia Mining hits 'target runway' as gold production rises 20%

Caledonia Mining's Mark Learmonth tells Proactive's Katie Pilbeam the miner achieved its quarterly target runway of just over 20,000 ounces of gold, up 20% from the year-earlier quarter.

This was all achieved at its Blanket Mine in Zimbabwe, which is going 'gangbusters' he says and the culmination of a seven-year investment programme.

First-half output to 38,606oz, a 29% increase on the first half of 2021, putting it on track for its target of up to 80,000oz a year.

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