Blanket to increase production

HARARE - Canada based Caledonia Mining group owners of Blanket gold mine has completed underground installations for its number-four shaft project and hopes to increase production to 4 000 oz annually.

“Dry commissioning” of the automated skip loading system from 789m level to surface and the 765m level crushing station was expected to start at the end of August. After that work would commence to widen the 750m level haulage above the grizzly tips which will be followed by the excavation of the first of three underground storage bins located between the 750m haulage and the 765m crushing station.

The waste from these operations will be used to “wet commission” the entire shaft-bottom crushing and loading system. This process is planned to be completed by end of September, 2010. Blanket will then commence the progressive production ramp-up to a target rate of 1,000 tonnes per day, or approximately 40,000 ounces of gold per annum. This is planned to be completed by the end of December 2010, although the ability to meet this target within this timeframe will depend on the availability of power.

Commenting on the culmination of this phase of the Project, Stefan Hayden, President and CEO, said. “This is a very important milestone in the development of the Blanket Mine. Notwithstanding the difficult circumstances and the excessively high level of electrical supply interruptions from the national grid feeding Blanket, the fact that this stage of the project has been completed ahead of schedule is a testament to the skill, dedication, and resources of the Caledonia and Blanket management teams and staff. I look forward to Blanket achieving its target rate of production of 40,000 ounces of gold per annum before the end of the year.”

Post published in: Economy

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