buy cdn now its at the start of a bull in china!

Caledon Resources PLC
08 September 2006


8th September 2006

Caledon Resources plc
('Caledon' or the 'Company')

Appointment of Executive Chairman, Australian MD and Non-executive Director

Robert Alford appointed as Executive Chairman
Mark Trevan appointed as Managing Director Caledon Coal Pty Ltd.
Nick Clarke appointed as Non-Executive Director

Following previous announcements made on 19 June and 22 August 2006, Caledon
(AIM: CDN) today announces a series of appointments to its board and the boards
of its subsidiaries. These appointments are designed to drive the Company
forward into resource production as a result of the signing of an asset purchase
agreement ('APA') with Xstrata Coal Pty Ltd ('Xstrata') regarding the
acquisition of the southern mining region of the underground Cook Coal Mine
situated in Queensland, Australia.

As previously reported, completion of the APA is subject to the fulfillment of
certain conditions precedent. These include Foreign Investment Review Board
approval in Australia, ministerial approval to the granting of the sublease
relating to the Cook underground coal mine, Caledon shareholder approval,
Caledon and Xstrata Board Approval and Caledon's re-admission to AIM.

Commenting today, George Salamis (Chief Executive), said: 'I am delighted that
Robert Alford has agreed to become Executive Chairman of the Company, his skills
as a negotiator and his driving influence are already being felt throughout the
Company. I am especially pleased to welcome Mark Trevan to the board of Caledon
Coal Pty Ltd. Mark's coal industry knowledge will prove an enormous asset to the
management of our coking coal business in Australia.

Robert Alford (Chairman) added 'I am delighted that Nick Clarke has agreed to
serve as a Non-Executive Director of the Company; this appointment goes some way
to restoring the Executive/Non- Executive balance. Nick is an experienced
resource executive and I welcome him to the board.'

Robert Alford went on to add: 'at readmission Mark Trevan will be proposed as a
Director of Caledon Resources Plc. Also at the date of readmission, Peter Seear
will be proposed as a director of the Caledon Resources plc board. This follows
on from the announcement of the 19th of June 2006 when Peter was named as Chief
Operating Officer. Today's appointments mark the next stage in Caledon's
development as we advance toward our entry into the coking coal business in
Australia.'

For further information contact:

George Salamis / Donal Douglas, Investor Relations

gsalamis@caledonresources.com/

ddouglas@caledonresources.com
Caledon Resources Plc
18 Upper Brook Street. London W1K 7PU England
Telephone +44 (0) 20 7318 5780 Facsimile +44 (0) 20 7318 5781

Further details of appointments

Robert Alford (Chairman) (56) joined the Board of Finelot plc at the time of
Admission of said Company's shares to trading on AIM in 2000. Robert became
non-executive Chairman of Caledon in February 2005 and now takes up the
Executive Chairman position in order to manage the Company's transition from
China focused gold explorer to coking coal producer with proposed assets in
Australia.

In the 70's and 80's Robert held a variety of senior positions in the Nelson
Hurst Group including responsibility for Mergers and Acquisitions. In 1989 he
negotiated the sale of the Nelson Hurst Group to Citibank NA. In May 1991 the
now much-enlarged financial services group was reacquired by management. The
Company was floated on the London Stock Exchange in December 1993 with Robert as
Joint Group Managing Director. He resigned in May 1995 and now resides in
Guernsey. Robert is a member of Lloyds, registered as a Non-Executive Director
with the FSA and is recognised by The Guernsey Financial Services Commission and
The Bermuda Monetary Authority (as a director of regulated businesses).

Mark Trevan (Managing Director - Caledon Coal Pty Ltd) (50) joins Caledon Coal
Pty Ltd ('Caledon Coal') as Managing Director after 25 years with Rio
Tinto where he started as an accountant and progressed to hold senior executive
roles in the areas of marketing, general commercial, corporate strategy and
project feasibility. Caledon Coal is Caledon's holding company in Australia.
Mark's experience covers a number of bulk commodities, however, of most
relevance to Caledon, is the last 9 years where he worked for Rio Tinto Coal
Australia (RTCA) as General Manager Marketing until 2005, at which time he was
appointed to lead a project team investigating the establishment of a major new
thermal coal mine. During Mark's time as General Manager Marketing the company
opened two coking coal mines and is now a significant participant in the
internationally traded metallurgical coal market in addition to its substantial
presence in the thermal coal market. Mark brings extensive coal industry
contacts both within Queensland and the international arena.

During the last five years Mr Trevan also held directorships in:

Australian Coal Resources Limited;
Coal & Allied Operations Pty Limited;
Coal & Allied Sales Pty Limited;
Hexham Engineering Pty Limited;
Hunter Valley Coal Pty Limited;
Lemington Coal Mines Pty Limited;
Miller Pohang Coal Co Pty Limited;
Millfield Coal Mining Co Pty Limited;
Novacoal Australia Nominees Pty Limited;
Novacoal Australia Pty Limited;
Port Hunter Coal Management Pty Limited;
R W Miller (Holdings) Limited;
Clermont Coal Mines Limited;
CNA Resources Limited;
Hail Creek Coal Pty Ltd;
Hail Creek Marketing Pty Ltd; and
HC Developments Pty Ltd

Nick Clarke (Non-Executive Director) (54) is a graduate of the Camborne School
of Mines and is a Chartered Engineer he has been involved in the mining industry
since 1974 in a number of production and service capacities. He worked in South
Africa, Ghana and Saudi Arabia on mines for a period of some 17 years. In 1992
he commenced working in the consultancy industry and in 1996 was made Managing
Director of CSMA Consultants Ltd which was subsequently acquired by Wardell
Armstrong International. During this period he managed numerous technical
studies on mineral projects in Africa, Europe and Former Soviet Union. He was
author and Project Manager on a number of AIM and TSX Competent Person Reports
during this period and was most specifically involved in the economic valuation
of mineral assets. Nick has extensive experience in managing feasibility studies
and how they interrelate to finance requirements.

In 2004 he joined Oriel Resources plc as Director of Mining, an AIM and TSX
quoted natural resources company with nickel and chrome assets in Kazakhstan,
and was appointed Managing Director in 2005. In July 2006, Oriel sold its gold
assets in Kyrgyzstan and Russia to Lero Gold Corporation, a TSX-V listed
company, and Mr Clarke holds the position of President and CEO of this new
company.

In addition to his appointment as director of Caledon Mr Clarke is currently a
director of the following companies:

Oriel Resources PLC; and
Lero Gold Corporation.

During the last five years Mr Clarke also held directorships in:

CSMA Consultants Ltd; and
AFCAN Mining Corporation.

There are no further disclosures required in relation to the above named
directors under Schedule 2 (g) of the AIM rules


This information is provided by RNS
The company news service from the London Stock Exchange

Caledon Resources PLC
13 September 2006



18 Upper Brook Street. London W1K 7PU England
Telephone +44 (0) 20 7318 5780 Facsimile +44 (0) 20 7318 5781

PRESS RELEASE


September 13, 2006

Excellent Results On Completion of Major Drill Programme at Mojiang

Caledon Resources Plc ('Caledon' or the 'Company') is pleased to announce the
completion of major drilling operations on the Mojiang gold project, situated in
South-western Yunnan Province, PRC.

The programme consisted of 2,592 metres of reverse circulation (43 holes)
drilling and 1,603 metres (24 holes) of diamond drilling and took 5 months to
complete. The aim of the drilling was threefold:

1. To further test and better define areas of near surface higher grade
mineralisation.
2. Close-up drill spacing to allow detailed geological and structural analysis
to be used in a resource/reserve estimate to be conducted by SRK Engineering
('SRK')
3. Use larger diameter drill core to allow for sufficient sample to be recovered
for further metallurgical test work.

Highlights from the recent Mojiang drilling include:

MJDDH013 intersected 2.05 g/t gold over 14metres
MJDDH018 intersected 8.31 g/t gold over 1.75 metres
MJDDH020 intersected 1.32 g/t gold over 35.80 metres
MJDDH 022 intersected 17.10 g/t gold over 2.30 metres
MJDDH 023 intersected 34.70 g/t gold over 1.30 metres
MJDDH 024 intersected 2.70 g/t gold over 18 metres
MJDDH 025 intersected 2.03 g/t gold over 14 metres
MJDDH 027 intersected 7.24 g/t gold over 10 metres
MJDDH 028 intersected 46.9 g/t gold over 2 metres
MJDDH 030 intersected 5.43 g/t gold over 6 metres
MJDDH 031 intersected 17.9 g/t gold over 2.5 metres

A complete summary of all significant results has been included as an appendix
to this press release.

Results for the reverse circulation drilling and earlier completed diamond holes
were published in the April 28th press release.

The results of the recently completed programme again confirm the continuity of
mineralisation and presence of thick (>30m) zones of mineralisation interspersed
with narrow bonanza grade epithermal vein style mineralisation.

The recently completed programme combined with earlier drilling completed by
Caledon brings the drill hole spacing down to a an average of 20 metres by 30
metres in the two areas selected for more intense drilling (45 N to 50 N and 56
N to 59 N). This pattern of drilling was planned to allow for detailed
geological and structural control on the estimation of gold resources, to be
completed by SRK in the 3rd Quarter of 2006. Once all final trace element
results have been received for the drilling, the updated database will be
forwarded to SRK to complete the independent resource estimate. A decision to
commence with a scoping study on the Mojiang Project will be made on the basis
of SRK's results.

Once all final trace element results have been received, representative core
samples will be sent to Ore Test Laboratories (SGS) in Perth, Australia for
further metallurgical test work.

Previous shallow drilling at Mojiang, conducted by the company between January
and June 2005, has successfully identified a relatively flat lying, near surface
zone of gold mineralisation occurring over a strike length in excess of two
kilometres and hosting an average zone thickness of approximately 40 metres.
Past drilling also identified selected sections of epithermal-style bonanza
grade mineralisation, in some instances in excess of 50 g/t gold over economic
widths.

Drilling conducted last year has highlighted deeper (150-200 metres below
surface) high grade depth potential at Mojiang with intercepts reporting up to
18 metres wide assaying 15.38 g/t gold. This potential remains to be properly
tested.

Harry Mustard (AIG), Caledon Resources' Senior Geologist, is the 'competent
person' as defined by London AIM's recent 'Guidance Note for Mining, Oil and Gas
Companies, March, 2006 - AIM 16'. Mr. Mustard is overseeing the company's
exploration work at Mojiang and supervised the preparation of the information in
this release.

On behalf of the board,


Robert Alford George Salamis
Chairman Chief Executive Officer




For further information, please visit our website at
www.caledonresources.com
or
contact:


George Salamis
gsalamis@caledonresources.com

Donal Douglas, Investor Relations

ddouglas@caledonresources.com

Caledon Resources Plc
18 Upper Brook Street. London W1K 7PU England
Telephone +44 (0) 20 7318 5780 Facsimile +44 (0) 20 7318 5781




Appendix

Interim Drill Results - Mojiang Gold Project, Yunnan, PRC

Hole No From (m) To (m) Interval (m) Au g/t
MJDDH008 58 60 2 3.58
MJDDH009 22 48 26 10.12
inc 32 34 2 96.60
MJDDH010 A 44 45 0.6 1.17
MJDDH010 A 60 62 2 1.22
MJDDH011 6 8 2 3.49
MJDDH011 36 40 4 1.02
MJDDH012 0 6 6 3.12
MJDDH013 28 42 14 2.03
inc 40 42 2 9.39
MJDDH013 52 53 1 1.35
MJDDH013 56 58 2 4.68
MJDDH013 74 76 2 1.15
MJDDH013 80 86 6 1.28
MJDDH016 42 56 14 0.73
MJDDH016 98 102 4 0.95
MJDDH017 6 8.05 2 3.32
MJDDH017 14 18 4 1.12
MJDDH017 28 30 2 1.12
MJDDH018 24.60 26.35 1.75 8.31
MJDDH020 10 45.80 35.80 1.32
MJDDH021 8 12 4 1.62
MJDDH022 22 24.30 2.30 17.10
MJDDH022 26.75 27.60 0.85 38.20
MJDDH022 31 32 1 3.48
MJDDH022 38.70 39.55 0.85 3.77
MJDDH023 12 18 6 0.98
MJDDH023 30.70 32 1.30 34.70
MJDDH023 40 44 4 1.12
MJDDH024 30 32 2 1.07
MJDDH024 38 56 18 2.71
MJDDH025 4 18 14 2.03
MJDDH025 36 40 4 3.11
MJDDH026 58 61 3 1.55
MJDDH027 0 4 4 3.44
MJDDH027 28 38 10 7.24
inc 28 30 2 21.5
MJDDH028 0 2 2 1.37
MJDDH028 12 14 2 2.59
MJDDH028 32 34 2 46.9
MJDDH029 38.5 52 11.5 1.23
MJDDH030 19.4 24.7 5.3 5.27
MJDDH030 32 38 6 5.43
MJDDH031 14 18 4 1.23
MJDDH031 25.6 28.1 2.5 17.9
MJDDH031 34 38 4 1.41


18 Upper Brook Street. London W1K 7PU England Telephone +44 (0) 20 7318 5780
Facsimile +44 (0) 20 7318 5781



This information is provided by RNS
The company news service from the London Stock Exchange

Caledon Resources secures option to buy Australia's Minyango coal mine
AFX


LONDON (AFX) - Caledon Resources PLC said it secured the option to acquire the Minyango coal deposit in Australia.

The group signed the option agreement with Red Flint International Ltd. It will buy the asset in stages, with the final payment due late next year. The deal is estimated to cost around 42 mln aud, part of which may be paid in Caledon shares.

Minyango has an inferred coal resource of 500 mln tonnes. It is located 15 kilometres from the 126-mln tonne Cook coal mine, which Caledon bought from Xstrata PLC last month.

'Caledon has commenced the shift of focus from solely being an explorer to a producing coal mining company,' said chief executive George Salamis. It is ready to make progress on the projects once the deals have been finalised, he added.

Caledon hopes to resume trading on London's Alternative Investment Market in December, he said.

Salamis gave the comment after the group swung to a profit before tax of 1.15 mln stg in the first half to June from a loss of 1.2 mln last time following the sale of its remaining stake in the El Dorado gold project.

Net profit reached 832,000 stg as against a loss of 1.2 mln previously. Caledon has yet to generate revenues.



monicca.egoy@afxnews.com

mbe/jc

Caledon Resources secures option to buy Australia's Minyango coal mine
AFX


LONDON (AFX) - Caledon Resources PLC said it secured the option to acquire the Minyango coal deposit in Australia.

The group signed the option agreement with Red Flint International Ltd. It will buy the asset in stages, with the final payment due late next year. The deal is estimated to cost around 42 mln aud, part of which may be paid in Caledon shares.

Minyango has an inferred coal resource of 500 mln tonnes. It is located 15 kilometres from the 126-mln tonne Cook coal mine, which Caledon bought from Xstrata PLC last month.

'Caledon has commenced the shift of focus from solely being an explorer to a producing coal mining company,' said chief executive George Salamis. It is ready to make progress on the projects once the deals have been finalised, he added.

Caledon hopes to resume trading on London's Alternative Investment Market in December, he said.

Salamis gave the comment after the group swung to a profit before tax of 1.15 mln stg in the first half to June from a loss of 1.2 mln last time following the sale of its remaining stake in the El Dorado gold project.

Net profit reached 832,000 stg as against a loss of 1.2 mln previously. Caledon has yet to generate revenues.



monicca.egoy@afxnews.com

mbe/jc

CHEERS EVERYONE

CALEDON will be back onto the market in December as producer of coal. congratulations to Caledon.

things to remember:

- Minyango has an inferred coal resource of 500 mln tonnes. It is located 15 kilometres from the 126-mln tonne Cook coal mine, which Caledon bought from Xstrata PLC last month.

- Net profit reached 832,000 stg as against a loss of 1.2 mln previously

- Excellent management

I bought in about an hour before they got suspended. Hopefully it will prove a good investment as I have been hearing good things about the cook mine!! On t1ps they have a re-list price of around 10-15p and that 15p would not be over generous!!

J t Master
nice timing, hold on tight. i like CDN and above all the management. Very serious, trustworthy, good communicators. i bought it a year ago around 2p and 3p. What i understand is: the management always looking to increase shareholders value. And they've done it and they will do it again. Seriously TOP banana.

AIM
20 November 2006

NOTICE



(807)



20/11/2006 7:30am



RESTORATION OF TRADING ON AIM



CALEDON RESOURCES PLC



The trading on AIM for the under-mentioned securities was temporarily suspended.
The suspension is lifted from 20/11/2006 7:30am - a document having been
published and an announcement having been made.




Ordinary Shares of 0.1p each (0-971-333)(GB0009713339)

fully paid













If you have any queries relating to the above, please contact the company's
nominated adviser on 020 7518 2777



AIM Regulation



Ref: AIMNOT807


This information is provided by RNS
The company news service from the London Stock Exchange D

Caledon Resources PLC
24 November 2006


NOTIFICATION OF MAJOR INTERESTS IN SHARES


1) Name of company


CALEDON RESOURCES PLC


2) Name of shareholder having a major interest


UBS AG, acting through its business group and legal entities detailed below


3) Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18


As 2


4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


Not disclosed


5) Number of shares/amount of stock acquired


Not disclosed


6) Percentage of issued class


N/A


7) Number of shares/amount of stock disposed


Not disclosed



8) Percentage of issued class


N/A


9) Class of security


Ordinary Shares of 0.1p each


10) Date of transaction


Not disclosed


11) Date company informed


22 November 2006


12) Total holding following this notification




16,550,000


13) Total percentage holding of issued class following this notification


4.89%


14) Any additional information


Position held by UBS AG London Branch

Interest in 16,550,000 ordinary shares is as at the close of business on 21
November 2006.


15) Name of contact and telephone number for queries


Jeremy Gorman

Company Secretary

020 7935 0027


16) Name and signature of authorised company official responsible for making
this notification



Jeremy Gorman

Company Secretary

020 7935 0027


Date of notification 24 November 2006


This information is provided by RNS
The company news service from the London Stock Exchange

Caledon Resources PLC
13 December 2006


Caledon Resources PLC
Extraordinary General Meeting
13 December 2006

Shareholders approve Australian coal acquisitions

The Board of Caledon Resources PLC ('Caledon' or the 'Company') (AIM: CDN) is
pleased to announce that all resolutions were duly passed at the Company's
extraordinary general meeting ('EGM') held today at 11 a.m.. At the EGM,
shareholders approved Ordinary and Special Resolutions as follows:


to approve the acquisition of the Cook Mine for a total consideration of
A$45.6m


to approve the Minyango Acquisition for a total maximum consideration of
A$42m


to approve the acquisition of the entire issued share capital of Mining
Technology Partnerships Pty Ltd for a total maximum consideration of A$8.5m


to authorise the Directors to allot shares up to an aggregate amount of
384,780 in connection with the acquisition of Mining Technology
Partnerships Pty Ltd, the Placing and the Broker Warrants


to authorise the Directors to allot shares generally, up to an aggregate
nominal amount of 275,000


to approve the consolidation of every five Ordinary Shares of 0.1p each
in the share capital of the Company, into one new Ordinary Share of 0.5p
each


to disapply statutory pre-emption rights in connection with, inter alia,
the Placing


to disapply statutory pre-emption rights in connection with rights issues
and issues of equity securities up to an aggregate nominal amount of
175,000


to authorise the reduction of the share capital of the Company by the
cancellation of the Deferred Shares


to amend the Articles of Association of the Company


Admission of the Ordinary Shares of the Company to AIM is expected to take place
at 8.00am on 14 December 2006, at which point the proposed Cook Acquisition,
Minyango Acquisition and MTP Acquisition will have completed subject to final
payment of funds. It is expected that CREST accounts will be credited, and the
Ordinary Shares of 0.5p each will be admitted to trading on AIM, on 14 December
2006.


As highlighted in the admission document published on 20 November 2006, the
Company has now agreed terms with Xstrata in relation to the Xstrata Loan Note.
The principal terms of the Xstrata Loan Note provide for a coupon of 9 per cent.
per annum and a right to convert the principal amount of the loan note of A$15
million into Ordinary Shares at a premium of 3 per cent. to the Placing Price.
The Xstrata Loan Note will become repayable on the first business day following
366 days from completion of the Cook Acquisition, to the extent it has not by
that time been converted by Xstrata. Each of Caledon Coal Pty Ltd and CC Pty Ltd
has provided security over its business and assets in favour of Xstrata in
respect of the Xstrata Loan Note pursuant to a second amendment deed to the Cook
Acquisition Agreement. Accordingly, the Company will pay A$25,600,000 to CRM in
cash and issue the Xstrata Loan Note in satisfaction of the consideration due
under the Cook Acquisition Agreement. In addition, Xstrata has been granted the
right to appoint a director to the board of directors of the Company until the
second anniversary of Admission. Caledon has also agreed that it will, one day
after the first anniversary of Admission, provide Xstrata with an unconditional
bank guarantee or documentary letter of credit for a maximum liability of A$10
million as security for the 'take or pay' rail and port commitments entered into
by Xstrata in connection with Cook Coal for the following year.


Terms and expressions used in this announcement shall, unless the context
otherwise requires, have the same meanings given to them in the Company's
admission document published on 20 November 2006.


Robert Alford, Caledon's Chairman, said: 'This is a milestone event for Caledon
and its shareholders, marking the passage of the Company from resource explorer
to resource producer, laying the foundation for the formation of a significant
mining company. The resoundingly positive voting turn-out, firmly in support of
the EGM resolutions, marks the culmination of 11 months of hard work conducted
on three continents. I would like to especially thank our executive management
for the long hours spent on these transactions and our shareholders for their
patience and support in this transformational event'.



For more information -


Caledon Resources plc

George Salamis


gsalamis@caledonresources.com


Investor Relations

Donal Douglas


ddouglas@caledonresources.com


+44 (0) 20 7318 5780

Facsimile +44 (0) 20 7318 5781


CanaccordAdams Limited (NOMAD & Broker)

Robin Birchall / Andrew Chubb


+44 (0) 20 7050 6500


Conduit PR


Lessa Peter/Jos Simson


leesa@conduitpr.com/

jos@conduitpr.com


+44 (0) 20 7429 6666

About Caledon: Caledon is a London AIM listed (AIM:CDN) Company. The acquisition
of the Cook Mine and the Minyango coal project, both situated in the Bowen
Basin, Queensland Australia, transforms the business of the Caledon Group from
gold exploration to a coal producer. Caledon's Cook Mine is host to a minable
reserve of 17 Mt of coking and thermal coal. A 10 year mine plan has been
established by the Company with a projected coking and thermal coal production
rate of 900,000 tonnes of coal projected for 2007, increasing to 1.5 Mt per
annum in 2008 and closer to 2 Mt per annum in 2009. The neighbouring Minyango
project is host to over 200Mt of in-situ extractable coal. Caledon is conducting
exploration at Minyango with the goal of converting resources to reserves on the
project, with a view to potentially increasing Caledon's production in the
near-term.



This information is provided by RNS
The company news service from the London Stock Exchange

Caledon Resources PLC
20 December 2006




Caledon Resources plc
20 December 2006

Caledon Resources plc

Total Voting Rights and Share Capital


In conformity with the Transparency Directive's transitional provision 6,
Caledon Resources plc is required to notify the market of the following:

Caledon Resources plc's issued share capital consists of:

i) 138,986,577 ordinary shares with a nominal value of 0.5 pence each, each
carrying voting rights of one vote for each ordinary share; and

ii) 2,466,273,843 deferred shares with a nominal value of 0.1 pence each,
each carrying no voting rights. Subject to approval of the Court, the
deferred shares will be cancelled.

Caledon Resources plc does not hold any ordinary shares in Treasury.

Therefore, the total number of voting rights in Caledon Resources plc
is 138,986,577.

The above figure of 138,986,577 shares may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in,
Caledon Resources plc under the Financial Service Authority's Disclosure
and Transparency Rules.


Name of contact and telephone number for enquiries:

Jeremy P Gorman
Caledon Resources plc
Company Secretary
020 7935 0027

Caledon Resources plc
18 Upper Brook Street
London W1K 7PU
Registered in England and Wales No. 3993115




This information is provided by RNS
The company

(CDN) Operational Update

Cook Colliery Update What Price next year??

http://

Cook Colliery Update

Good news. Caledon Resources says commercial production started at Cook coal mine
AFX


LONDON (AFX) - Caledon Resources PLC said commercial production has started at its Cook coal mine in Queensland, Australia.

Production from the mine is set to start at 50,000 tonnes of coal per month rising to 100,000 by the third quarter.

The AIM-listed company expects an annualised coal production rate of 1.5 mln tonnes being achieved in 2008.

'In less than 12 months, we have successfully negotiated the acquisition of the Cook Mine from Xstrata, completed detailed engineering studies, obtained financing, completed mine re-commissioning and commenced commercial production on budget,' said chairman Robert Alford.



newsdesk@afxnews.com

http://www.caledonresources.com/Website A picture of the first coal production.

CDN chart 50/200 ma, Looking very good for holders.

Im in - its taken some time!!!!!!!!!!! though

Up over 4% at the moment, I'll bet you have a smile on your face transco.