Caledonia Mining
Caledonia is an African focused mining company with a cobalt development project in Zambia, a gold mine in Zimbabwe and a platinum-nickel exploration project in South Africa.
Mitsubishi pulls out of planned stake in Caledonia Mining’s South Africa’s platinum projects
Caledonia Mining Corp (TSX: CAL; AIM: CMCL) said Mitsubishi Corp has indicated it does not wish to participate in the Rooipoort and Mapochsgronde platinum exploration projects in South Africa as previously agreed.
Accordingly, the agreement has been terminated and Mitsubishi will not provide the envisaged exploration funding for the projects. The properties will continue to remain 100 percent owned by Caledonia.
Mitsubishi concluded that the conditions precedent relating to security of tenure of the prospecting rights held by Caledonia and its subsidiaries due to the Broad Based Black Economic Empowerment requirements imposed by the government do not meet their requirements.
Caledonia will explore and evaluate other strategic options in respect of the projects.
Other Caledonia Mining news
-
14/06/10 Caledonia Mining installs first standby generator at Blanket gold mine in Zimbabwe
-
07/05/10 Caledonia Mining to install backup power at Blanket Gold Mine
-
03/04/09 Caledonia Mining to restart gold mining at Blanket Gold in Zimbabwe
Investors interested in Caledonia Mining recently viewed
-
Anglo-African Minerals (FSE: AMQ)
-
Ariana Resources (AIM: AAU)
-
Bullion Monarch Mining (OTC: BULM)
-
CGA Mining Ltd. (ASX,TSX: CGX)
-
Chaarat Gold (AIM: CGH)
-
Clifton Star Resources (TSX-V: CFO)
-
Cluff Gold (TSX: CFG )
-
Eaglecrest Explorations (TSX-V: EEL)
-
Emmerson Resources (ASX: ERM)
-
Envirogold (ASX: EVG)
-
Everton Resources (TSX-V: EVR)
-
Exco Resources Ltd (ASX: EXS)
-
Exeter Resource Corporation (TSX, AMEX: XRC)
-
Extorre Gold Mines (TSX: XG)
-
Frontier Mining (AIM: FML)
-
GGG Resources (AIM: GGG)
-
Gold One International (ASX: GDO)
-
Gold Resource Corp (NYSE AMEX: GORO)
-
Golden Goliath (TSX-V: GNG)
-
Golden Predator Corp. (TSX: GPD)
-
Golden State Resources (ASX: GDN)
-
Goldplat (AIM: GDP)
-
Goldrush Resources (TSX-V: GOD)
-
Gowest Gold (TSX-V: GWA)
-
Hawthorne Gold (TSX-V: HGC)
-
Integra Mining (ASX: IGR)
-
KEFI Minerals (AIM: KEFI)
-
Kent Exploration (TSX-V: KEX)
-
Knick Exploration (TSX-V: KNX)
-
Kryso Resources (AIM: KYS)
-
Lydian International (TSX: LYD)
-
Medusa Mining (TSX / AIM / ASX : MLL)
-
Mercator Gold (AIM: MCR)
-
Minefinders Corporation (TSX: MFL)
-
Minera IRL (AIM: MIRL)
-
Montezuma Mining Company Ltd (ASX: MZM)
-
Mutiny Gold (ASX: MYG)
-
Navigator Resources (ASX: NAV)
-
New Dawn Mining (TSX: ND)
-
NioGold Mining (TSX-V, OTCBB: NOX)
-
Norseman Gold (AIM / ASX: NGL)
-
Nyota Minerals (AIM / ASX: NYO)
-
Orosur Mining (TSX-V / AIM: OMI)
-
Ovoca Gold (AIM: OVG)
-
OXUS GOLD (AIM: OXS)
-
Pan African Resources (AIM: PAF)
-
Patagonia Gold (AIM: PGD)
-
Persian Gold (AIM: PNG)
-
Plato Gold Corp (TSX-V: PGC)
-
PMI Gold Corp (TSX-V: PMV)
-
Red Rock Resources (AIM: RRR)
-
Republic Gold (ASX: RAU)
-
Rubicon Minerals (TSX, AMEX: RMX)
-
Sacre-Coeur Minerals (TSX: SCM)
-
Silver Lake Resources (ASX: SLR)
-
Soho Resources Corp (TSX-V: SOH)
-
Solomon Gold (AIM: SOLG)
-
Sona Resources (TSX-V: SYS)
-
St. Elias Mines (TSX-V: SLI)
-
Sunridge Gold (TSX-V: SGC)
-
Sunrise Resources (AIM, PLUS: SRES)
-
Tanami Gold (ASX: TAM)
-
Timmins Gold Corp (TSX-V: TMM)
-
Triton Gold Limited (ASX: TON)
-
Vatukoula Gold Mines (AIM: VGM)
-
Victoria Gold Corp (TSX-V: VIT)
-
Xtra-Gold Resources (OTCBB: XTGR)










