HomeGoldCAG halts Zimbabwe operations

CAG halts Zimbabwe operations

CAG’s Venice mine
plant in Zimbabwe
London, England — MININGREVIEW.COM — 05 December 2008 – Central African Gold plc (CAG) – an AIM-listed company progressing prospective exploration properties in Mali and Botswana, and managing and developing gold-producing assets in Ghana and Zimbabwe – has decided to cease all operations in Zimbabwe, due to the adverse political and economic climate.

In an announcement here, the company said that this decision was in common with other mining operators in Zimbabwe. The company would continue to maintain its Zimbabwean assets pending resolution to the current situation.

CAG will make a further announcement concerning its Zimbabwean assets in due course.