Caledonia frets over royalty changes

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CALEDONIA Mining Corporation says the changes in the royalty regime, from last week’s 2026 national budget, will adversely impact profitability. Under this new system, gold producers will pay a royalty of three percent if the price is up to US$1 200 per ounce (oz), five percent for prices between US$1 201 to US$2 500/oz, and…