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Caledonia Mining is a profitable cash generative gold producer with a strong growth profile

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Caledonia’s primary asset is the Blanket Mine in Zimbabwe which produced 54,512 ounces of gold in 2018 at an All in Sustaining Cost of $802/oz.

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Caledonia’s primary asset is the Blanket Mine in Zimbabwe.

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Caledonia Mining has built a solid track record with three years of rising production and declining unit operating costs, this has delivered solid and growing operating cash flow.

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Caledonia Mining Corporation Plc is a mining, exploration and development company focused on Southern Africa. Caledonia’s shares are listed on the Toronto Stock Exchange (CAL), New York Stock Exchange (CMCL), and depositary interests in the shares are traded on the London Stock Exchange’s AIM (CMCL).

OPERATIONS | BLANKET GOLD MINE

Caledonia acquired the Blanket Mine from Kinross Gold Corporation with effect from April 2006. Caledonia has a 64% share in Blanket.

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