10:01 AM EST - Caledonia Mining Corporation : announced its first-quarter 2011 operating and financial results. Gold production increased to 7,322 ounces compared to Q1 2010’s total of 3,129 ounces. Gold production in April 2011 was 2,737 ounces. Net income for the quarter was $1.2 million, compared to a net loss of $566,000. Caledonia Mining Corporation
shares T.CAL are trading up $0.01 at $0.12.
