Caledonia Mining Corporation reported unaudited consolidated earnings and production results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of CAD 19,218,000 compared to CAD 17,503,000 a year ago. Results from operating activities were CAD 7,872,000 compared to CAD 8,177,000 a year ago. Profit before income tax was CAD 7,808,000 compared to CAD 8,131,000 a year ago. Profit for the period was CAD 5,530,000 or 0.9 cents per diluted share compared to CAD 7,111,000 or 1.4 cents per diluted share a year ago. Net cash from operating activities was CAD 2,208,000 compared to CAD 8,130,000 a year ago. Property, plant and equipment additions were CAD 1,340,000 compared to CAD 1,098,000 a year ago. Gold produced in first quarter was 10,472 ounces against 9,164 ounces a year ago. Production in April 2013 was approximately 4,385 ounces. The company targeted production of 40,000 ounces for 2013.

Caledonia Mining Corporation announced that they will report Q1, 2013 results on May 13, 2013

Caledonia Mining Corporation announced the retirement of Chris Harvey as an independent director from its board of directors with immediate effect. Mr. Harvey will however continue to act as a Technical Consultant to the Caledonia Board given his extensive knowledge of Caledonia and its operations. Mr. Harvey has served on Caledonia's board since 1993 and is a member of the Audit and Technical Committees. Mr. Harvey's duties will be taken up by other members of Caledonia's existing board.