Caledonia Mining Corporation (CMCL)

[NYBob]

China gold consumption leaps 41 percent in 2013
By AFP | 11 Feb, 2014, 02.36PM IST



BEIJING: China's gold consumption soared 41.36 percent in 2013,
industry data showed, with state media reporting Tuesday the
country has probably overtaken India as the world's largest consumer of the precious metal.

Last year, China consumed 1,176.4 tonnes of the yellow metal,
the China Gold Association said in a statement.

The surge in demand was partly led by frenzied purchases by
"middle-aged" "bargain-hunting" Chinese women who bucked the
international market trend of falling prices to get cheap
deals, the official Xinhua news agency said Tuesday.

In the first three quarters of 2013, China's demand for gold
totalled 779.6 tonnes, compared with India's 714.7 tonnes,
according to figures previously released by the World Gold
Council.

The British-based WGC usually publishes its full-year Gold
Demand Trends report in February.

Demand for jewellery and bullion made up the lion's share of
China's consumption last year, rising 42.52 percent and
56.57 percent respectively to 716.5 tonnes and
375.7 tonnes, the CGA figures showed.

Analysts expect sales of gold bars and jewellery to keep rising
in the next three to five years on the back of increasing
Chinese incomes, Xinhua said.

Note. all producers on the list have higher gold prod. cost than
Caledonia Mining's low prod. cost @ $554/oz -
or a dividend every quarter as Caledonia paying to
the shareholders -

Fyi. do a dd...for a low cost gold mines producer with
very low labour cost and taxes....

Caledonia Mining Corp. -
CALVF:NASDAQ - TSE:CAL - CMCL Aim London -




“Cash costs at the Gold mine are running
at $554/oz - one of the lowest cost -
gold producers in the world -

which positions the company well to keep
generating cash to self-fund expansion and
paying dividends every quarter to shareholders -

CAL has more than $25 million in cash in
Western London banks and NO DEBT -

http://www.commodity-tv.net/c/mid,21943,Mines_und_Money_London_2013/?v=252888

http://www.brrmedia.co.uk/event/119251/

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95869580

CALVF employ more than 1000 happy miners -
who got 15% ownership in Blanket Gold Mines -
the miners work very good for they work
for them self -


Kingdoms of Africa - Great Zimbabwe -

http://www.youtube.com/watch?v=AyKrTdv-t4E

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96263045

The ruins of Great Zimbabwe – the capital of the Queen of Sheba -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67548731

Au-Kingdom -

E.g.,
http://whc.unesco.org/en/list/364/video

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96354613


God Bless