Caledonia Mining is a mining, exploration and development company focusing on South Africa. The main asset is a 64% interest in the Blanket gold mine in Zimbabwe. Caledonia Mining recorded strong figures in the first half of the year. In the first half of 2020 the company mined 27,732 ounces of gold at all-in sustaining cost of US$868 per ounce (Q2 2020). In 2021 the company intends to increase its annual mining output to 75,000 ounces of gold and 80,000 ounces in 2022 as well as 250,000 ounces of gold in the long-term. The company is paying high quarterly dividends, which have already been increased twice this year.