Blanket Mine output reached 17,360 ounces in Q2 2026, driven by improved access to richer ore zones.
Caledonia Mining reported a 18% quarter-on-quarter increase in gold production at its Blanket Mine in Zimbabwe, reaching 17,360 ounces in Q2 2026. The company attributed the rise to better access to higher-grade ore, boosting output from 14,767 ounces in Q1.
The Q2 performance reflects a shift toward more productive zones within the mine. Caledonia expects production to remain weighted toward the second half of the year, aligning with its operational strategy.
No immediate market reaction was disclosed in the release.