11:39 AM EST - Caledonia Mining Corp. : announced that its wholly-owned subsidiary, Blanket Mine, has received a renewed Gold Dealership License which enables it to continue exporting gold directly to a refiner of its choice. Zimbabwean gold producers wishing to export gold directly require a Gold Dealership License issued by the Ministry of Finance, which entitles a gold producer like Blanket to export and market its gold bullion to a refiner of its choice at world prices. The proceeds from the sale of gold must be paid directly into the exporter's foreign currency account at a Zimbabwean commercial bank and the producer is allowed to retain 100% of the proceeds, less a royalty of 3.5%, the company said. Caledonia Mining Corp.
shares T.CAL are trading down $0.005 at $0.06.
