Caledonia Mining Corporation - The Golden Touch - ARTICLE | 18 SEPTEMBER, 2013 - 09:59
The Blanket Gold Mine - re-started production in April 2009, following a temporary six month shut-down during the testing times before Zimbabwe changed its currency to the US dollar, and has been expanded since to significantly increase production capacity to 48,000 ounces of gold per annum last year -
Blanket board have also approved a four year growth strategy for the mine - The investment programme will be funded from Blanket’s internally generated cash is expected to result in progressive increases in gold production to approximately 76,000 ounces in 2016.
The Fed Surprise and a Weaker Dollar Could be Very, Very Good for Precious Metals On September 23, 2013, in Iacono Research, by Tim Iacono Research Precious Metals Weekly Market Wrap