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Caledonia Mining hails ‘turning point’ as new shaft opens at Blanket

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TORONTO – Victoria Falls Stock Exchange-listed Caledonia Mining Corporation says 2021 was a turning point for the business after the completion of a new central shaft at the Blanket gold mine in Matabeleland South.

Revenues rose 21 percent to US$121 million  in 2021, helped by a strong gold price and flat costs of production.

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Production rose to 67,476 ounces (oz) of gold (2020: 57,899oz); a new record for the Blanket Mine with the target this year to increase this to between 73,000oz-80,000oz as the new shaft ramps up operations.

Steve Curtis, chief executive, added: “Operationally, the last 12 months have marked a turning point for the business.

“The Central Shaft has been a huge project costing approximately US$67 million, all funded through internal cash flow and I am delighted that it was commissioned in the first quarter of 2021.

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“We continued to increase the dividend in 2021. The total dividends paid in 2021 were 50 cents per share – almost 50% higher than in 2020.

“Caledonia’s immediate strategic focus is to complete the remaining underground development associated with the Central Shaft project, which is expected to increase production, reduce operating costs and increase the flexibility to undertake further exploration and development at depth.” – Proactive Investors

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In the community

Victoria Falls man sentenced to six months for domestic violence

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BY STAFF REPORTER 

A 33-year-old Victoria Falls man has been sentenced to 6 months imprisonment for domestic violence charges. The sentence was handed down by the Victoria Falls Magistrates’ Court.

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The man, from Chinotimba, was arrested on August 3 for a domestic violence charge. According to the National Prosecuting Authority, the facts of the matter are as follows: a misunderstanding arose between the offender and his 32-year-old wife over money left in her jacket. Later that evening, the offender shouted at his wife before strangling her several times on the neck. The victim reported the matter to the police, which led to the offender’s arrest.

The court sentenced the offender to 6 months imprisonment, with two months suspended for five years on condition of good behavior.

A further four months were suspended on the condition that he performs 140 hours of community service.

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National

Zimbabwe roads claim 24 lives over Heroes holiday

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BY NOKUTHABA DLAMINI 

A total of 24 people lost their lives on Zimbabwe’s roads during the 2025 Heroes and Defence Forces holidays, according to statistics released by the Zimbabwe Republic Police.

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The police reported 196 road traffic accidents, 13 of which were fatal, between August 11 and 13. This represents a significant increase from the previous year’s figures, which saw 149 accidents and eight fatalities.

Reckless driving, mechanical faults, speeding, and overtaking errors were cited as major causes of the accidents.

Two major accidents occurred during the period, including a fatal crash on the Mutare-Masvingo Road that claimed the lives of six Zion Christian Church congregants. Another accident on the Bindura-Shamva Road resulted in four fatalities and 17 injuries.

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The police have urged motorists to prioritize vehicle maintenance, avoid speeding and reckless overtaking, and adhere to road rules and regulations to prevent further loss of life.

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In the community

Dete teen convicted for theft

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BY WANDILE TSHUMA

A Dete teenager has been convicted of breaking into a local shop and stealing goods and cash worth US$131.

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Artwell Ncube, 18, of Lupote in Dete, was found guilty of aggravated unlawful entry by the Hwange Magistrates Court.

According to court records, Ncube used an unknown object to open the locked shop door between May 20 and 25, 2025. Once inside, he stole groceries, airtime, and US$50 in cash.

The shop owner unexpectedly returned to the premises on May 25 at midnight and found Ncube inside. The teenager fled, leaving some stolen items behind.

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A subsequent police investigation led to Ncube’s arrest. Property worth US$31 was recovered.

Ncube was sentenced to 12 months’ imprisonment, which was fully suspended on condition that he repays ZWG3 516.04 to the complainant within six months and performs 110 hours of community service at Lupote Clinic which he started on Wednesday.

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