Caledonia Mining to Pay Maiden Dividend as Blanket Gold Mine Thrives
At the end of September the company had a net cash balance of
C$23m, up from C$9m at the end of 2011.
CALVF has about $0.05/share in cash and NO DEBT -
Caledonia (CALVF) Blanket Gold Mine is now one of the Lowest Cost
Gold Producers in both Africa and the World,
it highlighted -
Caledonia Nama Cobalt and Copper Projects - Caledonia Nama Limited,
a wholly owned subsidiary of Caledonia,
holds four contiguous Large Scale Mining Licences, which
cover approximately 800 square kilometres on
the northern extension of the Zambian Copperbelt.
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