Gold production soars at Caledonia’s Blanket Mine in Zimbabwe

📅 Published: August 18, 2025

📰 Source: nehandaradio

Curated by AllZimNews.com

The company’s quarter four production was 19,841 ounces, with a record 797,000 tonnes milled for the year.

The mine also achieved a record 89,727 tonnes hoisted in December, exceeding milling capacity.

Caledonia’s Chief Executive Officer, Mark Learmonth, expressed his pleasure with the company’s production results, stating that the strong mine production had resulted in a stockpile of 8,400 tonnes, providing a good starting point for 2025. “I am pleased to report that we achieved our production guidance for the year, producing 76,656 ounces of gold.

In 2024, we achieved a new record for tonnes milled of 797,000 tonnes, and in December we also set a record for hoisting 89,727 tonnes of ore, exceeding our milling capacity. “As a result of the strong mine production, we closed the year with a stockpile of 8,400 tonnes which puts us in a good position to start 2025,” Learmonth stated in a trading update.

The company has announced a 2025 capital expenditure program of US$41. 8 million, with US$34. 9 million allocated to Blanket and US$5. 8 million to Bilboes and Motapa.

The investments aim to modernise operations and improve mining efficiency at Blanket.

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