CALEDONIA Mining Corporation (Caledonia)’s capital expenditure at its bullion asset ― Blanket Mine ― is now expected to be US$27 million in 2022, due to the urgent need to remedy the poor electricity supply and upgrade workers’ dwellings.
At peak capacity, Zesa Holdings (Zesa) produces less than 70 percent of the national demand for power and the state-utility company’s failure to cover the deficit with exports at times, creates considerable supply interruptions.
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Steve Curtis, chief executive
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