Tag: Gold
55% RioZim revenue gobbled by taxes, exchange rate anomalies
Tadiwa Musiyiwa
HARARE – RioZim Limited says it is losing revenue to a “volatile operating environment”, with approximately 55% of its gross revenue spent on...
Blanket Mine in record production in Q3
HARARE – Caledonia Mining gold production from its Blanket mine in Zimbabwe was 18,965 ounces, a new production record and an increase of 25%...
Prospect Resources offloads Penhalonga Gold to North American investors
HARARE - Prospect Resources has disposed of its interest in the Penhalonga Gold project to Luzich Resources for a total consideration of US$1 million.
Last...
Caledonia upgrades gold resource at Blanket Mine
HARARE – Caledonia Mining has announced an upgrade to the Mineral Resource and Mineral Reserve base at its 64% owned subsidiary, the Blanket mine...
Caledonia F20 revenue jumps 32% after record production, higher gold prices
HARARE – Caledonia Mining says that its immediate strategic focus is to complete Central Shaft project at Blanket Mine, which is expected to increase...
Caledonia Mining reports record gold production at Blanket Mine
Caledonia Mining Corporation reported a record total gold production of 57,899 ounces in 2020 for Blanket Mine, which is the top end of the...
Blanket Mine gold output up 19% in Q1
HARARE- Caledonia Mining unit Blanket Mine's gold production for the quarter to March 31, 2020 increased 19% to 14 233 ounces from 11 948...
Gold deliveries 17% lower in 2019 at 27.6t; earnings at US$1.3b
HARARE – (FinX) Gold deliveries in 2019 fell shy of 30 tonnes and were 17% lower than last year. Statistics availed from Fidelity Printers...
