China poised to pour $10bn into Zimbabwe's economy - Zimbabwean government rejects concern that Beijing cash could prop up Mugabe, and says investment can turn economy around -
Miners dig in Marange, Zimbabwe, China is said to be looking into investment in mining -
China is "looking into mining development, that is exploration and exploitation, agriculture, infrastructure development -
China said recently its two-way trade with Africa had increased by nearly 45% in a year to hit a record $114.8bn (£75bn). Its investment in Zimbabwe has been growing steadily over the last decade -
Chinese investors have snapped up commercial and residential properties in Zimbabwe's capital, Harare, over the past few years. The influx of cheap Chinese goods, known locally as "zhing-zhong", has caused widespread supplies -
A veteran former journalist, said: "China is just taking advantage of a golden basket -
Will it take long before CALVF's; Blanket Gold Mines - to be listed on the Zimbabwe Stock Exchange ? -
As of March 2009, trade has been thin, but with China investors influx and my more foreign investors willing to take on more of the trading on the ZIM. STOCK EXCH. Market Mining Place - Most stocks trade in the US-cent range, with at least 26 different stocks waiting on their turn. --
BLANKET GOLD MINES -
Blanket's Gold Mines - unaudited revenues and profit after tax for the year to December 31, 2011 were US$56.6 million and US$19.2 million respectively.
Mr Stefan Hayden, Caledonia's President and Chief Executive officer said: "I am pleased we have signed a MoU which, when fully implemented, will represent the conclusion of the indigenisation requirements for Blanket.
The transaction will be concluded for a value which is close to Caledonia's current market capitalisation.
( Note CALVF Total Current Market Cap: $55,060,421.--
This is a significant achievement in the current environment and the transaction is neither an expropriation nor a partial nationalisation.
Excellent progress has been made at Blanket in recent years: gold production has increased by over 300% from 3,148oz in the first quarter of 2010 to 10,533oz in the fourth quarter of 2011 and cash operating costs fell by 27% from $804/oz in the first quarter of 2010 to $583/oz in the third quarter of 2011.
I hope that Blanket and Caledonia can now build on this track record of success. The indigenisation agreement, when fully implemented, will introduce new shareholders to Blanket and I am confident that their participation will enhance Blanket's further growth and development.
We look forward to working with our new shareholders in further progressing operations at Blanket for the benefit of all stakeholders."
Renmark Financial Communications Inc. John Boidman: jboidman@renmarkfinancial.com Nadia Marks: nmarks@renmarkfinancial.com Tel.: (514) 939-3989 or (416) 644-2020 www.renmarkfinancial.com
Newgate Threadneedle Communications Laurence Read, tel +44 207 653 9855 Beth Harris, tel +44 207 653 9853 Terry Garrett, tel +44 207 653 9845
Collins Stewart Europe Limited John Prior / Sebastian Jones Tel: + 44 20 7523 8350
Collins Stewart LLC Dan Mintz Tel: +1 212 389 8022 DMintz@collinsstewartllc.com
Further information regarding Caledonia's exploration activities and operations along with its latest financials and Management Discussion and Analysis may be found at
Latest 10 SEDI filings (by transaction date) for CAL within the last 6 months [?] Amended Filing As of 11:59pm ET February 21st, 2012 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price Jan 20/12 Jan 17/12 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 242,000 $0.120
Jan 20/12 Jan 16/12 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 252,000 $0.120
Jan 16/12 Jan 13/12 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 107,500 $0.110
Jan 13/12 Jan 12/12 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 148,500 $0.110
Jan 11/12 Jan 9/12 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 150,000 $0.100
Jan 10/12 Jan 6/12 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 600,000 $0.934
Dec 8/11 Dec 6/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 12,500 $0.110
Dec 7/11 Dec 5/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 35,000 $0.110
Dec 6/11 Dec 2/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 148,500 $0.110
Dec 5/11 Dec 1/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 33,000 $0.110
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Caledonia Mining Corp. should start a buy back their own shares program -
CALVF Long TEAM should e-mail to tell them BUY BACK CALVF biggest global Gold producing strategic Au bargain - to make it great for all LONG TEAM SHAREOLDERS!
Caledonia Mining Corporation -
E.g.,
Caledonia Has Striked A Compromise With Zimbabwe For Indigenisation? - CALVF Long Term GOLD MINES Developments and GOLD Production Is Safety Assured -
Blanket Gold Mines Located In Many Green Gold Belts Massive Large Goldfields across Zimbabwe to assured CALVF GOLD Production and will provide plenty of GOLD for the PEOPLE involved in CALVF Blanket Gold Mines :-) - long after mugabe is gone -