Caledonia Mining takes proactive approach to safety
Listed gold producer Caledonia Mining Corporation, which owns the Blanket Mine in Gwanda, has initiated a comprehensive review of safety procedures and safety training.
The company has since hired a group safety, health, and environment (SHE) manager to improve its safety and health initiatives.
In its 2025 first quarter results, Caledonia said that under the direction of the chief operating officer Mr James Mufara, who was appointed in May last year, the company has implemented comprehensive safety improvements.
“Under James Mufara, the chief operating officer appointed in May 2024, including: hiring a group SHE manager, introducing proactive safety indicators, enhancing accident investigation, and implementing real-time monitoring,” reads the company report.
“The company is also adopting the SLAM (Stop, Look, Assess, Manage) methodology, developing a 10-point accident mitigation plan (90 percent complete with decreased incidents), launching a visible felt leadership program, completing risk assessments, and improving emergency preparedness.”
Meanwhile, Caledonia reaffirms its 2025 production guidance of 74 000 to 78 000 ounces of gold from Blanket Mine.
The company said cost guidance remains unchanged, with on-mine cost expected to be US$1 050 to US$1 150 per ounce and AISC projected at US$1 690 to $1 790 per ounce.
Capital expenditure for 2025 is forecast at US$41 million, which will be fully funded from existing cash reserves and operating cash flow.-herald