Caledonia Mining Confirms Zimbabwe’s 2026 National Budget Has Been Enacted

Caledonia Mining Confirms Zimbabwe’s 2026 National Budget Has Been Enacted

By ADMIN
Related Stocks:CMCL
Caledonia Mining Corporation PLC (listed on AIM, NYSE‑A and VFEX as CMCL) has announced that Zimbabwe has formally enacted its 2026 National Budget, bringing clarity to fiscal terms affecting the miner’s operations. According to the company, the enacted budget confirms its previously stated position from December 19, including a provision that a higher gold royalty rate of 10 % will only be triggered if gold prices exceed US$5,000 per ounce. Caledonia also revealed that other proposed alterations to Zimbabwe’s tax and royalty framework, which it had highlighted in a December 1 announcement, have been withdrawn and will not proceed. The firm said that this legislative outcome means it does not need to revise its Bilboes Gold Project Technical Report Summary released in November. The confirmation of budget enactment provides regulatory certainty for Caledonia’s Zimbabwe operations heading into 2026. #CaledoniaMining #ZimbabweBudget2026 #GoldMining #MiningIndustry #SlimScan #GrowthStocks #CANSLIM

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Caledonia Mining Confirms Zimbabwe’s 2026 National Budget Has Been Enacted | SlimScan