PRIMARY EXCHANGE: TSX OTHER EXCHANGES: London . Company Information; with many diversified mining interest;
Caledonia Mining Corporation is engaged in the acquisition, exploration and development of mineral properties for the exploitation of base and precious metals. Caledonia is a mining and exploration Company with an operating gold mine in Zimbabwe, two platinum-nickel exploration projects in South Africa and a cobalt-copper exploration project in Zambia amongst its exploration portfolio in South Africa, Zimbabwe and Zambia. As of December 31, 2009, its wholly owned subsidiaries include Caledonia Mining (Zambia) Limited, Caledonia Western Limited, Caledonia Nama Limited, Caledonia Kadola Limited, Blanket (Barbados) Holdings Limited, Caledonia Holdings (Africa) Limited, Eersteling Gold Mining Company Limited, Greenstone Management Services Limited, Fintona Investments (Proprietary) Ltd, Maid O'Mist (Proprietary) Limited, Mapochs Exploration (Pty) Ltd, Blanket Mine (1983) (Private Limited, Caledonia Holdings Zimbabwe Limited, Caledonia Mining Services Limited and Dunhill Enterprises Inc.
Caledonia Mining Corporation Suite 1201, 67 Yonge Street, Toronto ON M5E 1J8 Canada Phone: +1 (416) 369-9835 Fax: +1 (416) 369-0449
RE: Q's.... 20 years, that must be a incredible experience through all the ups and downs to see the company mature to production! If the company produces 10,000 ounces a quarter like the expectations, this should bring income up to 17 million a quarter, making the company look terribly undervalued. I have a question for you, if they meet their goal of 10,000 ounce a quarter of gold production, to what extent can they increase upon that, for example: are there plans to increase production to 20,000 ounces a quarter in 2013? What is the quality and quantity of the reserves?
E.g., On a further encouraging note, cash operating 2ndQ costs at Blanket during the quarter were US$585 per ounce of gold produced, compared to US$648 per ounce in the first quarter of 2011 and US$816 per ounce in the second quarter of 2010. More info....
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