In 2024, Caledonia saw gold production at Blanket Mine increase 1.64% from 75,416 ounces to 76,656 ounces (oz) whilst ore milled grew 3.51% to 797,479 tonnes. However, the average grade mined for the year was lower at 3.2g/t versus 3.25g/t in the previous year, with a recovery rate of 93.6% versus 93.8% in 2023. The Bilboes Oxide Mine produced 1,646oz of gold sold from leaching of the heap leach pads, despite the mine being under care and maintenance since September 2023. As a result, aggregate gold production for 2024 was at 78,302oz, versus 78,466oz recorded in the same period last year.
