Caledonia Mining Corporation Plc Confirms Zimbabwe’s 2026 National Budget Enactment and Fiscal Outcome

Caledonia Mining Corporation Plc (listed on NYSE American, AIM, and VFEX) has announced that Zimbabwe’s Finance Act, 2025 has been passed, officially enacting the country’s 2026 National Budget and confirming key fiscal provisions that affect the mining sector. The enacted budget confirms that the higher gold royalty rate of 10 % will now only apply if the gold price exceeds US $5,000 per ounce, easing earlier concerns about royalty increases at lower gold prices. Other previously proposed changes to the tax and royalty regime — highlighted in the company’s earlier updates — have been withdrawn following revisions made by the Zimbabwean government. Caledonia stated that, as a result of the final budget provisions, no amendments are required to the Bilboes Gold Project Technical Report Summary published on November 25, 2025. This outcome provides greater certainty regarding the fiscal environment for its Zimbabwe operations, particularly for its flagship Blanket Mine and the future Bilboes development project. The company reiterated that its interpretations are based on forward‑looking assumptions and that actual outcomes could differ due to various risks and uncertainties. #CaledoniaMining #ZimbabweBudget2026 #GoldMining #MiningTaxPolicy #SlimScan #GrowthStocks #CANSLIM