Mishma Chakanyuka, Staff Writer 
CALEDONIA Mining Corporation (Caledonia) says its production guidance for 2023 assumes that Blanket Mine will maintain the output rate achieved last year.
This comes after the mining company exceeded its long-term target of an annual production rate of 80 000 ounces by recording 80 775 ounces in 2022, which is slightly above the top end of the production guidance.
“Production guidance for 2023 assumes that Blanket will broadly maintain the production rate achieved in 2022. 2023 guidance also includes the estimated production from the small oxides project at Bilboes where mining activity is expected to commence in February, and we expect to extract gold from the heap leach process in March,” Caledonia chief executive Mark Learmonth said in an update.
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