OPERATIONS | BLANKET GOLD MINE
Caledonia acquired the Blanket Mine from Kinross Gold Corporation with effect from April 2006. Caledonia has a 64% share in Blanket.
Caledonia Mining is a profitable cash generative gold producer with a strong growth profile
Caledonia’s primary asset is the Blanket Mine in Zimbabwe which produced 55,182 ounces of gold in 2019 at an All in Sustaining Cost of $856/oz.
Caledonia’s primary asset is the Blanket Mine in Zimbabwe.
Caledonia Mining has built a solid track record with three years of rising production and declining unit operating costs, this has delivered solid and growing operating cash flow.
