Caledonia Mining Corporation PLC · AMEX:CMCL
Caledonia Mining — Africa Mining Conference, Livingstone, February 2011
12 slides from Caledonia Mining's conference presentation, February 2011
Slide 1: Africa Mining Conference, Livingstone, February 2011
www.caledoniamining.com Africa Mining Conference, Livingstone, February 2011
Slide 2: Disclaimer
Disclaimer This presentation does not constitute, or form part of, any offer to sell or issue or any solicitation of any offer to purchase or subscribe for, any shares in Caledonia, nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection wit
Slide 3: Caledonia Group Overview
Caledonia Group Overview • Mining, exploration and development company, listed on TSX:CAL, and AIM:CMCL • Blanket Gold Mine Zimbabwe – Targeting 40,000oz production for 2011 – Further exploration-led growth • Copper/Cobalt exploration projects in Zambia • PGE exploration projects in South Africa 3
Slide 4: Blanket Gold Mine, Zimbabwe
Blanket Gold Mine, Zimbabwe 4
Slide 5: Blanket Gold Mine, Zimbabwe - Overview
Blanket Gold Mine, Zimbabwe Overview • Located in the south of Zimbabwe • Production capacity has increased from 24,000oz pa to 40,000oz per annum following completion of an expansion project in late 2010 • 10MW of diesel standby generators are being installed • Expected to be a low-cost operator at
Slide 6: Blanket Gold Mine - Gold Production
Blanket Gold Mine, Zimbabwe Gold Production • Production re-started in April 2009 after liberalisation of commercial environment for gold producers • Production increases in Q2 and Q3 2009 curtailed by increased power interruptions • Production ramp up to annualised rate of 40,000oz in December 2010
Slide 7: Blanket Gold Mine - Electricity Supply
Blanket Gold Mine, Zimbabwe Electricity Supply • Power outages during 2009 and 2010 had a serious effect on production, costs and cash generation • The first standby generator was installed in June 2010. Additional generators to be installed in Q1 2011 will allow full operations to continue during a
Slide 8: Blanket Gold Mine - Costs
Blanket Gold Mine, Zimbabwe Costs • 60% of Blanket’s costs are fixed: higher production will result in lower cost per ounce • Blanket has increased its workforce by only 6% to achieve production rate of 40k.oz • Costs per ounce are expected to be further reduced from those achieved in Q3 of 2010 • A
Slide 9: Blanket Gold Mine - Exploration
Blanket Gold Mine, Zimbabwe Exploration • Substantial exploration potential on the existing mine and satellite brownfields properties • Blanket: Level 22 Haulage (750m BMSL) will allow existing operations to access additional known resources and provide exploration platforms for drilling the down-di
Slide 10: Zambian Base Metals
Zambian Base Metals Nama Copper • Caledonia holds Licences covering over 810 sq. km. adjacent to Vedanta/Konkola and Vale/ARM properties • Konkola East licence area is the first target: 4 preliminary holes to be drilled to 800m in early 2011 10
Slide 11: Summary - The Investment Case
Summary – The Investment Case • Diversified explorer/developer/producer – jurisdictions: Zimbabwe, Zambia, South Africa – commodities: gold, platinum, base metals (copper, cobalt, nickel, iron) – Virtually debt free and cash generative from December 2010 • Blanket Gold Mine in Zimbabwe is the cash e
Slide 12: Contacts
Contacts Caledonia Mining Website: www.caledoniamining.com Stefan Hayden, CEO Tel: +27 11 447 2499 Email: [email protected] Mark Learmonth, Vice President Tel: +27 11 447 2499 Email: [email protected] 12
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