EQUIPMENT
Blanket Mine will commission Central Shaft Blanket Mine, a GWANDA-BASED gold mining company, is expected to commission its Central Shaft this quarter, adding momentum this year to the company's output target of between 61 000 and 67 000 ounces.
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n July 2019, Caledonia Mining Company, operated by Blanket Mine, completed the Central Shaft sinking program. Due to the adverse effects of the Covid-19 pandemic, the equipping of the shaft was slower than expected. The New York Stock Exchange and the mining company Aimlisted said: “During the first quarter of 2021, the Central Shaft is planned to be commissioned. “Targets production of 61 000 to 67 000oz of gold in 2021; targets production of 80 000oz of gold per annum from 2022.” Caledonia, meanwhile, has announced an increased quarterly dividend payment of US$0.11 on each of the shares 20 | SKILLINGS MINING REVIEW February 2021
