Tuesday 13 January 2026
Home      All news      Contact us      RSS     
newzimbabwe - 1 month ago

Top Zimbabwe gold miner warns higher royalty would hit profits

Caledonia Mining Corp. said a proposal by Zimbabwe’s government to double the royalty on gold producers would curb its profits. “If implemented, it would be expected to result in a lower level of profitability and cash generation relative to current market expectations,” the company said Monday in an emailed statement. Caledonia, one of the country’s [ ] The post Top Zimbabwe gold miner warns higher royalty would hit profits appeared first on NewZimbabwe.com.


Latest News
Hashtags:   

Zimbabwe

 | 

miner

 | 

warns

 | 

higher

 | 

royalty

 | 

would

 | 

profits

 | 

Sources