Caledonia Mining Corp (CMCL)

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Company Description

Caledonia Mining Corp was formed on February 5, 1992. The Company is engaged in the operation of a gold mine and the acquisition, exploration and development of mineral properties for the exploration of base and precious metals. The Company is geographically segmented into various segments namely Zimbabwe, South Africa and Zambia. The Zimbabwe operating segments comprise an operating gold mine. The Zambia segments consist of Nama copper project and cobalt project. The South Africa geographical segment comprises a gold mine as well as sales made by Greenstone Management Services (Proprietary) limited to the Blanket Mine. The Company's projects include The Nama Copper Project, Nama Cobalt Project, Sabiwa Project, GG Project, 22 Level Haulage Extension Project and No. 6 Winze Project. The Company competes with other mining and exploration companies in connection with the acquisition of mining claims and leases, the sourcing of raw materials and supplies used in connection with mining operations...