Mining Capital's Alastair Ford analyses Caledonia Mining (LON:CMCL) and says their regular dividend 'makes it stand out from most junior mining peers'.
Ford explains that 'it has cash it can afford to pay out to shareholders' and believes the fact that they operate in Zimbabwe is now proving to be an advantage. The country's lockdown was only three weeks long which Ford notes - to most companies would be a 'dream situation'.
The company is now approaching the end of the six-year investment programme at Blanket Mine, where they anticipate the rate of capital expenditure will begin to reduce in 2021.
