https://www.miningweekly.com

Caledonia reports fatality, flat Q2 production at Zim mine

12th July 2018

By: Creamer Media Reporter

     

Font size: - +

Caledonia Mining Corporation’s 49%-owned Blanket mine, in Zimbabwe, produced 12 657 oz of gold in the quarter ended June 30.

Output was 2% lower quarter-on-quarter, but 1% higher year-on-year.

“Grade during the quarter was below our expectation, although grade has reverted to budgeted levels in recent weeks. The lower grade was partly a result of normal variations in the orebody and partly a one-off consequence of some modified mining practices which were adopted to improve safety,” CEO Steve Curtis said on Thursday.

Gold production for the first half of this year, at 25 582 oz, is, meanwhile, marginally ahead of the 25 316 oz produced in the first half of 2017, with the mine remaining on track to meet full-year guidance of 55 000 oz to 59 000 oz of gold.

Caledonia on Thursday further reported that the sinking of the central shaft is progressing as planned and within budget, with the shaft currently at a depth of 1 073 m.

“Sinking is currently paused due to the process of cutting stations for horizontal development on 30 level.

“The project continues to progress well and we look forward to commencing production from the central shaft in 2020, which is expected to deliver the company's growth plan to achieve 80 000 oz/y by 2021,” said Curtis.

HEALTH & SAFETY
Meanwhile, the gold miner on Thursday also reported that an employee had been killed in an accident in a development area of the Blanket mine mine.

"It is with great sadness that we announce a fatal accident at Blanket. This is a very disappointing setback to our efforts to improve safety at Blanket, which has been a key focus area for the business in 2018.

"My colleagues and I express our sincere condolences to the family, friends and colleagues of the deceased," said Curtis

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.052 0.894s - 110pq - 2rq
Subscribe Now