Caledonia Mining is a profitable, cash generative gold producer with production of approximately 55,000 ounces from the Blanket Mine in Zimbabwe. Caledonia is in the process of completing a new shaft at the mine to grow production to 80,000 ounces per year by 2022 and to extend the mine life to 2034. Caledonia is in a prime position to benefit from a renaissance in the Zimbabwean gold mining industry which represents one of the last gold mining frontiers in Africa. Caledonia operates with All In Sustaining Costs of approximately $950/ounce and currently pays a dividend of 3.5%
Website: www.caledoniamining.com
Primary ticker: NYSE: CMCL, AIM:CMCL, TSX:CAL
Stage of development: Production
Primary minerals: Gold
