Caledonia Min Regulatory News (CMCL)

10 Nov 2006 14:00

Caledonia Mining Corporation10 November 2006 Caledonia Mining Corporation ("Caledonia") BARBROOK PLACED ON TEMPORARY CARE & MAINTENANCE Toronto, Ontario - November 10, 2006: Caledonia Mining Corporation ("Caledonia")(TSX: CAL, NASDAQ-OTCBB: CALVF, AIM: CMCL) has placed its Barbrook Mine in SouthAfrica on temporary care and maintenance as a result of damage caused byemployees of a labour brokerage company during an illegal industrial action. The administrative and security buildings were damaged, but the metallurgicalplant and mining infrastructure and equipment are unaffected. The Company is formulating claims for major compensation against the labourbrokerage company which supplies labour to the Mine. The Company's Board is, with input from South African management, consideringits options regarding the future of the Barbrook Mine. The effect on earningsduring the fourth quarter is expected to be negligible. Further information regarding Caledonia's exploration activities and operationsalong with its latest financials may be found at www.caledoniamining.com. For more information, please contact: Stefan Hayden Alex Buck / Nick BiasPresident and CEO, Caledonia Mining buck-biasTel: +27 11 447 2499 Tel: +44 7932 740 452 Certain statements included herein are "forward-looking statements". Managementcautions that forward-looking statements are not guarantees and that actualresult could differ materially from those expressed or implied in theforward-looking statements. Important factors that could cause the actualresults of operations, exploration or development programs, or the financialcondition of the Company, to differ include, but are not necessarily limited to,the risks and uncertainties discussed in documents filed by the Company with thevarious regulatory authorities having jurisdiction. This information is provided by RNS The company news service from the London Stock Exchange