Business / Companies
Gold mine executive comments on the current working environment in Zimbabwe - Video
27 Apr 2015 at 06:18hrs | Views
Caledonia Mining mines gold at its main operating asset, the 49%-owned Blanket gold mine in Gwanda. It is also progressing its understanding of a number of promising satellite projects close to Blanket.
In this webcast, Mark Learmonth, CFO of Caledonia Mining, takes us through the company's new investment plan for its flagship Blanket gold mine in Zimbabwe. He also provides clarity on how the plan will be implemented, funded (from cash flow), the company's cash position throughout plan implementation and the dividend policy. Mark will also touch on exploration and some of the exciting projects that could add future gold production. In addition, commentary on the current working environment in Zimbabwe with respect to Caledonia's operations indicates a materially improved situation for this fully and successfully indigenised company.
The new expansion plan is pivotal to Caledonia's investment case and 2015 is critical to the market's establishment of Caledonia as a viable growth-focused and low-cost African gold miner.
In this webcast, Mark Learmonth, CFO of Caledonia Mining, takes us through the company's new investment plan for its flagship Blanket gold mine in Zimbabwe. He also provides clarity on how the plan will be implemented, funded (from cash flow), the company's cash position throughout plan implementation and the dividend policy. Mark will also touch on exploration and some of the exciting projects that could add future gold production. In addition, commentary on the current working environment in Zimbabwe with respect to Caledonia's operations indicates a materially improved situation for this fully and successfully indigenised company.
The new expansion plan is pivotal to Caledonia's investment case and 2015 is critical to the market's establishment of Caledonia as a viable growth-focused and low-cost African gold miner.
Caledonia Mining Corporation from EdisonTV on Vimeo.
Source - www.edisoninvestmentresearch.com.
