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Stock impact report

Caledonia Mining Corporation Updates Regarding Royalty Rates Following Zimbabwe's Finance Act, 2025 [Yahoo! Finance]

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: Yahoo! Finance
Three out of four analysts covering Caledonia Mining Corporation Plc (NYSE:CMCL) have rated the stock as a Buy. The consensus median price target of $38.09 implies a 34.17% upside as of January 5. On January 6, the passage of Zimbabwe's Finance Act, 2025, reaffirmed Caledonia Mining Corporation Plc's (NYSE: CMCL) December 19, 2025 announcement regarding royalty rates. The passing of the Finance bill enacts the 2026 National Budget. It also attests to the previously outlined provisions, which indicate that a higher royalty rate of 10% will only apply in case of the gold price surpassing $5,000 per ounce. The other proposed changes to the tax and royalty regime announced by Caledonia on December 1 and 19 have been withdrawn, including changes to the tax treatment of Capex, the proposed 15% withholding tax on interest on offshore loans, and any additional adjustments to royalty tiers or mining taxes. During the earlier announcement, the company was expecting changes to its operation Show less Read more
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