Caledonia Mining Corporation (CMCL)

[NYBob]

Precious Metals As Money ~

The world is waiting for the sunrise!

The Cheviot Sound Money Conference -
held in London, January 27, 2011.

Elements for monetizing a silver coin in British Pounds
Minting silver without a mining industry
The world is waiting for the sunrise
Bill to monetize the silver ounce in Mexico
Hugo Salinas Price
Full speech of Mr. Hugo Salinas at

http://www.plata.com.mx/Mplata/documentos/images/Hugo_Salinas_Price_London_2011.pdf

DEATH OF THE DOLLAR... & BULLION CONFISCATION?

Gold Glitters for Caledonia
Mon, 31 Jan 2011 02:31:35 EST

Symbols: CALVF
Jan 31, 2011 (Zimbabwe Independent/All Africa
Global Media via COMTEX) --

Caledonia Mining Corporation,
which owns Blanket Mine, increased gold production by 46% to
2865 ounces in December as the company seeks further
reinvestment to lift output to 40 000 ounces annually.



Caledonia, which has since resumption of operations in 2009
bemoaned the intermittent power supply, finally installed
standby generators at Blanket mine. The installation of standby
generators, expected to be operational by March this year, came
at a time the company noted slight power supply improvements.

The company is listed on Toronto Stock Exchange (TSX).

"The production rate achieved by the end of 2010 is over 99%
of the target of 40 000 ounces per year and represents a very
substantial increase in Blanket's production capacity," said the
mining firm in a statement released on TSX on Tuesday.
"More importantly the level of production achieved at the end of
December 2010 conclusively proved that key aspects of the No. 4
Shaft Expansion Project, namely the underground crushing
station, the automated skip loading system and the increased
milling capacity all operate well within their design capacity."

Caledonia said the focus after increasing production was to
address the historic under-investment in Blanket mine
development, equipment and machinery.

"Underground development work has commenced in order to ensure
that production levels in years to come can be maintained, as
well as providing platforms for underground exploration with a
view to potentially increasing production above the currently
planned rate of 40 000 ounces per annum.

"This development work, in conjunction with reinvestment in
equipment and machinery, is expected to have a temporary effect
on production in Quarter 1 of 2011, but it is still anticipated
that Blanket will produce 40 000 ounces in 2011," added the
mining company.

Caledonia said they were mitigating against power cuts but Blanket had experienced considerable unexpected delays with the delivery of the 33kiloVolt electrical switchgear which was required for the installation and commissioning of the four generating sets.

"It is anticipated that the entire 10 Megawatt generating system will be operational by the end of March 2011 at which point Blanket will be able to maintain all mining, hauling and milling operations during interruptions to the electricity supply," said Caledonia.

"Subsequent to Blanket entering into a new supply agreement with the Zimbabwe Electricity Supply Authority, electricity supply has been more stable. Whilst Caledonia welcomes the improvement in electricity supply it still believes it is prudent to proceed with its plans to equip Blanket with full standby generating capacity to safeguard production against any future power interruptions."

Electricity supply remained the debilitating factor in the full recovery of the mining sector and analysts point that while standby generators could mitigate the effects, the downside was increased operating costs.

Impressive Caledonia Presentation

Good times just starting for CAL !!

http://www.caledoniamining.com/pdfs/Pres_01282011b.pdf

Eric Sprott: $2,150 gold by spring -

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/1/29_Eric_Sprott.html

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59307579