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Caledonia gets lucky break on 2018 profit

Blanket investment plan slowed but still on track for 80,000ozpa gold output by 2022

Jacqueline Holman
Caledonia plans to increase gold production at the Blanket mine in Zimbabwe to 80,000ozpa by 2022

Caledonia plans to increase gold production at the Blanket mine in Zimbabwe to 80,000ozpa by 2022

The ECI increased from 2.5% to 10% of revenues from February 2018. Caledonia's net profit attributable to shareholders rose 14.7% year-on-year to US$10.8 million, with the company saying the higher...

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