2026 Budget Raises Gold Royalties

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Zimbabwe will raise gold mining royalties to as high as 10% when prices exceed $2,501/oz, aiming to capture more revenue amid historically strong global bullion prices. The move, part of the 2026 national budget, targets major producers such as Kuvimba, Padenga, Caledonia Mining and RioZim. Government says the tiered royalty system will ensure miners contribute fairly during boom periods as gold continues to stabilise the economy and strengthen the ZiG currency.