MINING & RETAIL

Blanket Mine sets up oxygen plant, recoveries seen at 94%

As part of its investment plans to ramp up production, Canadian based mining firm Caledonia Mining has successfully installed and commissioned a new oxygen plant at its Blanket Mine which is expected ...

By Staff reporter | Published: 10 October 2019

MINING & RETAIL

Illegal mining threatens Blanket Mine operations

CALEDONIA Mining Corporation has bemoaned the rampant increase of illegal mining activities on properties controlled by its gold mining company, Blanket Mine in Gwanda.Blanket Mine has exploration tit...

By Staff reporter | Published: 30 September 2019

MINING & RETAIL

Blanket Mine gold output stagnates

LONDON Stock Exchange-listed resources firm Caledonia Mining Corporation says gold output at its Zimbabwean unit, Blanket Mine, went up one percent to 25 582 ounces for the half year ended June 30, 20...

By Staff reporter | Published: 23 July 2018

MINING & RETAIL

Blanket Mine produces 12,567 ounces of gold

AIM-LISTED Caledonia Mining Corporation has produced approximately 12,657 ounces of gold at its Blanket Mine subsidiary in Gwanda during the second quarter ended 30 June 2018 compared to 12,924 ounces...

By Staff reporter | Published: 13 July 2018

INDUSTRIALS & ENERGY

Smuggled blankets suffocate Waverly

ZIMBABWE's remaining blanket manufacturer, Waverly Blankets, faces collapse as its operations are being suffocated by an influx of smuggled blankets allegedly from China. It is understood that once th...

By Staff reporter | Published: 09 July 2018

MINING & RETAIL

Caledonia to regain 80% stake in Blanket Mine

AIM-listed Caledonia Mining Corporation says employees at its Blanket Mine and the Gwanda community, from which it operates, will retain their shares as the firm plans to increase its stake in the Mat...

By Staff reporter | Published: 29 May 2018

MINING & RETAIL

Blanket Mine shelves rights offer

CALEDONIA Mining Corporation says it has shelved plans to raise capital for its expansion projects at Blanket Mine through rights issue as funds to support such initiatives are coming through the Expo...

By Staff reporter | Published: 22 May 2018

MINING & RETAIL

Caledonia wants bigger stake in Blanket Mine

AIM-listed Caledonia Mining Corporation plans to increase its stake in Gwanda-based gold producer, Blanket Mine, following recent amendments to the Indigenisation and Economic Empowerment Act by Gover...

By Staff reporter | Published: 16 May 2018

MINING & RETAIL

RBZ incentive to boost Blanket Mine earnings

TORONTO Stock Exchange listed miner, Caledonia Mining Corporation, anticipates a $5,1 million boost in income for its local gold mining unit, Blanket Mine, for the year to December 31, 2018, after the...

By Staff reporter | Published: 05 April 2018

MINING & RETAIL

Blanket Mine produces record 56 000 ounces

GWANDA-BASED gold mining concern, Blanket Mine last year achieved a record production of 56 135 ounces, a figure higher than the firm's production guidance of 56 000 ounces.In a statement, the gold mi...

By Staff reporter | Published: 16 January 2018

MINING & RETAIL

Blanket Mine extends life of mine by 20 years

MATABELELAND South-based gold miner, Blanket Mine is set to increase its life of mine by 20 years following the implementation of its mine development programme announced three years ago.The mine, whi...

By Staff reporter | Published: 28 November 2017

MINING & RETAIL

Caledonia in Q3 record gold production

Caledonia Mining Corporation recorded a massive increase in gold production of 14,389 ounces for the third quarter to September 30, 2017, a 15 percent increase from the second quarter. This was a reco...

By Staff reporter | Published: 06 October 2017

MINING & RETAIL

Blanket Mine sets new quarterly output record

Blanket Mine's gold output posted an increased in production to 14 389 ounces in the third quarter to September 30, 2017, a new quarterly record.The Gwanda based gold miner said production for the pre...

By Staff reporter | Published: 05 October 2017

MINING & RETAIL

Caledonia confident Blanket Mine will meet target

Desperate Blanket Gold Mine's output in the second quarter remaining largely flat at 12 521 ounces from 12 510 oz in the prior comparable period, parent firm Caledonia Mining Corporation remains confi...

By Staff reporetr | Published: 16 August 2017

INDUSTRIALS & ENERGY

'National Blankets will not go down under'

THE Government will not allow National Blankets to go under liquidation and measures are underway to resuscitate the company, Industry and Commerce Deputy Minister Chiratidzo Mabuwa has said.The Bula...

By Staff reporter | Published: 07 August 2017

MINING & RETAIL

Blanket Mine on track to achieve revised target

CALEDONIA Mining Corporation has expressed optimism that its 49 percent owned Blanket Mine in Matabeleland South is still on track to achieve the 2017 revised production guidance of between 52 000 oun...

By Staff reporter | Published: 31 July 2017

MINING & RETAIL

Blanket Mine boosts Caledonia expansion plans

London-listed Caledonia Mining Corporation Limited (Caledonia)'s expansion plans have been given a boost by an increase and upgrade in the gold resource at its Zimbabwean Blanket Mine (Blanket).This c...

By Staff reporter | Published: 21 June 2015

MINING & RETAIL

Blanket's gold production declines

Blanket Mine (Blanket) gold production declined to 41 771 ounces in 2014 from 45 527 ounces registered in 2013 due to lower head grade.Steve Curtis, chief executive of Caledonia Mining Corporation (Ca...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

National Blankets needs $3,5m

TEXTILE giant National Blankets Limited requires $3,5 million working capital to bring back production to competitive levels, an official has said. The firm, which was placed under judicial management...

By Oliver Kazunga | Published: 21 July 2014

MINING & RETAIL

Blanket Mine gold production up

CALEDONIA Mining Corp said gold production at its Zimbabwean unit, Blanket Mine, rose in the quarter to June but the group has revised downwards the projected output for 2014.Production at  Blank...

By Business Reporter | Published: 21 July 2014

MINING & RETAIL

Blanket mine gold output dips 2,2%

Gwanda-based gold producer Blanket Mine's gold output for the first quarter of the current year was down 2,2 percent due to 10 241 ounces compared to the prior period last year.Production was adverse...

By Staff reporter | Published: 14 May 2014

INDUSTRIALS & ENERGY

National Blankets on the rebound

THE country's largest blanket manufacturing company, National Blankets' judicial manager Philip Ndlovu, says the Bulawayo company is now debt-free and is working on addressing working capital challeng...

By Staff reporter | Published: 10 April 2014

MINING & RETAIL

Blanket Mine targets further gold ramp up

Toronto Stock Exchange-listed Caledonia Mining Corporation plans further investment in Blanket Mine to ramp up production to 52 000 ounces per annum by next year.Already, Caledonia is confident it wil...

By Staff reporter | Published: 10 April 2014

MINING & RETAIL

Blanket Mine first quarter output dips

Gold producer Blanket Mine produced a lower than expected 10,607 ounces of gold in the first quarter of this year, but remains steadfast on its production guidance of 48,000 ounces for 2014.In a tradi...

By Staff reporter | Published: 07 April 2014

INDUSTRIALS & ENERGY

National Blankets on recovery path

National Blankets Limited is slowly emerging out of the woods as it has managed to acquire adequate raw materials to underpin its three-month turnaround programme. The blanket maker was placed under j...

By Staff reporter | Published: 31 March 2014
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