- The company is on track to boost production at Blanket to 80koz per year by 2022.
- The mine life stretches to 2034, but this is based on inferred resources.
- Reserves at Blanket were just 527koz of gold as of the start of 2020 and Zimbabwe is a terrible mining jurisdiction.
- Also, the Glen Hume property was impaired and there have been no updates on the potential purchase of the Isabella-McCays-Bubi mines.
- I continue to be bearish and the short borrow fee rate stands at 1.69% as of the time of writing.
For further details see:
Revisiting Caledonia Mining - No Developments On M&A And I Remain Bearish