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Caledonia Mining in early talks to increase stake in Blanket mine

Steve Curtis, chief executive of Caledonia Mining Corporation PLC (LON:CMCL), tells Proactive they achieved a new production record at the Blanket mine in Zimbabwe, unearthing 56,133 ounces of gold in 2017, some 11.5% more than in the preceding year.

Curtis also discusses the recent moves to relax the indigenisation policy in Zimbabwe and how Caledonia plans to take a much larger stake than it currently has in Blanket.

Quick facts: Caledonia Mining Corporation

Price: 629 GBX

AIM:CMCL
Market: AIM
Market Cap: £67.7 m
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Caledonia Mining's Blanket Mine 'a solid performer' despite challenging quarter

Steve Curtis, chief executive of Caledonia Mining Corporation PLC (LON:CMCL, TSX:CAL), tells Proactive's Andrew Scott gold output during the three months to the end of June was marginally higher than the first quarter of 2018, in line with expectations. The Zimbabwe-focused gold miner...

on 08/10/2018

2 min read