Caledonia Mining in negotiations with Zimbabwe's Government

Caledonia Mining Corporation (TSX: CAL) (NASDAQ-OTCBB: CALVF) (AIM: CMCL) announced today that is taking part in negotiations with the Government in Zimbabwe to try and agree an Indigenisation Plan at the country's Blanket Mine.

Caledonia CEO Stefan Hayden said in a statement that the company remains fully committed to the negotiations currently on-going with the Zimbabwe government and that they hope to arrive at a mutually agreeable plan. 

Hayden also responded to accusations that he had "scoffed at" the empowerment drive, branded indigenisation as a ‘political gimmick’, or that Caledonia had in any way refused to comply with the indigenisation laws or caused delays in the negotiations.