Caledonia Reports Drop in Q1 Gold Production at Blanket Mine

Caledonia reports drop in Q1 gold production at Blanket Mine

Caledonia Mining Corporation Plc has reported a decline in gold production at its Blanket Mine in Zimbabwe for the first quarter of 2026, citing operational constraints and planned mining sequencing, while maintaining its full-year output forecast. The post Caledonia reports Q1 gold output decline at Blanket Mine but maintains 2026 production forecast appeared first on Nehanda Radio.

Caledonia Mining expects production recovery as 2026 progresses

Caledonia Mining Corporation PLC told investors that first-quarter gold production at its Blanket Mine reduced, as expected, to 14,767 ounces, as a planned move through lower-grade areas was compounded by equipment availability issues and difficult ground conditions. The group said the weaker quarter had been anticipated, reflecting mining sequence and temporary access constraints to higher-grade, higher-volume zones. Even …