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NYBob

01/29/14 10:19 AM

#3747 RE: NYBob #3746

Caledonia Mining Corp's Blanket Gold Mine - Note. produced 11,417 ounces of
gold during Q4 2013 -
made a New Marketing Arrangements for Gold Exports -

Fidelity Printers & Refiners (Private) Ltd -
(controlled by the Zimbabwean authorities and
the Rothschilds) -

The Reserve Bank of Zimbabwe first opened Fidelity Printers
(Private) Limited in 1966 and after establishing a
Gold Refinery section on the same site in 1987,
the company changed its name to
Fidelity Printers and Refiners (Private) Limited.


The refinery produces internationally accepted delivery bars.
Fidelity Printers & Refiners (Private) Ltd
1 George Street
Msasa
PO Box AY300
Amby
Harare
Zimbabwe

Tel. +263 4 486 694
Fax +263 4 486 474

Fidelity smelts once a week – every Tuesday.
They pay a price based on 98.5% of the London afternoon fix
on the Tuesday of the smelt and will pay the following day.
E.g.,
If we deliver gold on a Tuesday morning, we will be paid the
next day.
If we deliver gold on, say a Wednesday morning, we will have to
wait a week to get paid

All transaction in US$ -
(there is no local Zim-currency any more) -

CALVF gain on lower refining and transporting costs -
since we no longer incur the expense of transporting
to Switzerland.

Total refining transport and insurance costs under
the previous arrangements were approx. $6-7/oz.
Under the new arrangements they will be a little lower
by approx. $2/oz -
not material enough to warrant separate disclosure -


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://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