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January 2010
2010-01-14

Displaying confidence in Zimbabwe, Caledonia Mining Corporation (TSX: CAL), a Canadian based owner and operator of the Blanket gold


Displaying confidence in Zimbabwe, Caledonia Mining Corporation (TSX: CAL), a Canadian based owner and operator of the Blanket gold producing mine announced it would spend US$3ml to extend production, targeting output of 40,000 ozs per annum by December 2010.

The Blanket mine is 150 kms south of Bulawayo and has produced more than 1 ml ozs of gold over the course of its history.