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Zimbabwe Update

4th Dec 2008 15:30

RNS Number : 5766J
Central African Gold PLC
04 December 2008
 



Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining

4 December 2008

Central African Gold Plc ("CAG" or the "Company")

Zimbabwe Update

Central African Gold, the Aim traded gold mining and exploration company, announces that in common with other mining operators in Zimbabwe, it has decided to cease all operations in Zimbabwe, due to the adverse political and economic climate.  The Company will continue to maintain its Zimbabwean assets pending resolution to such turbulence.

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

* * ENDS * *

For further information please visit www.centralafricangold.com or contact:

Roy Pitchford/

Nicole Broome

Central African Gold Plc

Tel: +27(0)11 676 2500

Stuart Faulkner/

James Spinney

Strand Partners Limited

Tel: +44(0)20 7409 3494

Martin Eales

RBC Capital Markets

Tel: +44(0)20 7029 7881

Hugo de Salis/

Felicity Edwards

St Brides Media and Finance Ltd

Tel: +44(0)20 7236 1177

Charmane Russell

Russell and Associates

Tel: +27(0)11 880 3924

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