v3.26.3
Related Party Balances and Transactions
6 Months Ended
Jun. 30, 2026
Related Party Balances and Transactions [Abstract]  
Related party balances and transactions

26. Related party balances and transactions

 

Refer to Note 29 to the Group’s audited consolidated financial statements for the year ended December 31, 2025. It describes related party relationships and the terms.

  

Related party receivables   June 30,
2026
    December 31,
2025
 
    (Unaudited)     (Audited)  
Metallon Corporation Limited   $ 8,261     $ 8,261  
Metallon Management Services     2,185       2,185  
Allowance for related party credit losses     (10,446 )     (10,446 )
                 
Total   $ —     $ —  

 

Related party payables   June 30,
2026
    December 31,
2025
 
    (Unaudited)     (Audited)  
Metallon Gold Zimbabwe          114              2,277  
Total   $ 114     $ 2,277  

 

Allowance for related party credit losses      
       
    (Unaudited)  
Balance at January 1, 2026     10,446  
Additions     -  
Balance at June 30, 2026   $ 10,446  

 

On June 30, 2026, Bulawayo Mining Company bought a 4.2938-hectare property with buildings from Metallon Gold Zimbabwe for US$390k. The property was sold as-is, with all risks passing to the buyer after full payment and regulatory approval.

 

Key management personnel compensation

 

The amounts disclosed in the table below represent compensation to key management personnel for the six months ended June 30, 2026, and 2025. The amounts are recognized as administrative expenses in the condensed consolidated interim statements of profit or loss and other comprehensive income.

 

    June 30,
2026
    June 30,
2025
 
    (Unaudited)     (Unaudited)  
Short-term employee benefits     880       1,337  
Non-executive director fees     248       118  
Share-based payments   $ 1,193     $ -  
Termination payment     1,952       -  
Key management compensation   $ 4,273     $ 1,455