Blanket Mine on-site costs surge

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CALEDONIA Mining Corporation (Caledonia) has revised upwards its on-mine cost per ounce guidance for this year at its flagship asset, Blanket Mine, citing increased labour, consumables, and administrative costs. The gold miner now projects its on-mine cost per ounce to range within the US$1 150 and US$1 250 band. On-mine cost refers to the production…