CALEDONIA MINING; Gold obsessives are going to be out in force over the coming months. The election result was a catalyst for gold going back above $1,300/ounce, although it subsequently fell back. However, while uncertainty continues it could go higher.
The gold price is still more than one-fifth higher than at the beginning of 2016, but it is well below the peak of more than $1,900/ounce back in 2011.
There are a small number of AIM gold miners that are generating profit and dividends, including Caledonia Mining Corporation (CMCL).