Caledonia frets over royalty changes

Caledonia’s chief executive Mark Learmonth.

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…

Subscribe to read full article. Subscribe today

Related posts

Stanbic Bank posts ZWG1,7 billion full-year profit

Innscor seeks sugar tax reform

African Sun shareholders approve delisting

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More