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Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has confirmed that Zimbabwe has now enacted its 2026 National Budget. The enacted provisions confirm Caledonia’s December 19 position, the company said. “The higher royalty rate of 10% will only apply if the gold price exceeds US$5,000 per ounce,” it added. Caledonia also said other proposed changes flagged in its December 1 announcement will not go ahead. “The other proposed changes to the tax and royalty regime that were highlighted in the announcement of December 1 have been withdrawn,” it noted. The company told investors that the legislative outcome means no updates are needed to its Bilboes Gold Project Technical Report Summary published in November.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
