Caledonia Mining Corporation Plc (LSE:CMCL) is analysing how Zimbabwe’s proposed updates to royalty and tax rules may influence its operations. Among the suggested measures are a possible rise in the gold royalty rate and changes to how capital expenditure is treated for tax purposes—both of which could weigh on profitability and cash flow at the Blanket Mine and alter the projected economics of the Bilboes Gold Project.
More about Caledonia Mining
Caledonia Mining Corporation Plc operates within the gold mining sector, maintaining a strong footprint in Zimbabwe. Its core assets include the long-running Blanket Mine and its involvement in advancing the Bilboes Gold Project.
Leave a Reply