v3.26.3
Property, Plant and Equipment, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment, Net [Abstract]  
Schedule of Property, Plant and Equipment, Net

June 30, 2026

 

Cost   Mining
assets		     Land &
buildings		     Plant &
equipment		     Motor
vehicles		     Capital
work in
progress		     Total  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
Balance at January 1, 2026   $ 52,415     $ 3,283     $ 78,981     $ 2,449     $ 5,429     $ 142,557  
Additions(1)     1,083       390       1,200       225       6,715       9,613  
Change in rehabilitation asset estimate     —       —       25       —       —       25  
Transfer into/(out) property, plant and equipment     439       144       627       —       (1,373 )     (163 )
Derecognition     —       —       (16 )     (35 )     —       (51 )
Balance at June 30, 2026(2)   $ 53,937     $ 3,817     $ 80,817     $ 2,639     $ 10,771     $ 151,981  

 

Accumulated Depreciation and impairment   Mining
assets		     Land &
buildings		     Plant &
equipment		     Motor
vehicles		     Capital
work in
progress		     Total  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
At January 1, 2026   $ 31,966     $ 2,001     $ 65,443     $ 1,772     $ 406     $ 101,588  
Depreciation     1,546       80       1,053       166       —       2,845  
Impairment(3)     —       —       25       —       —       25  
Derecognition     —       —       (12 )     (14 )     —       (26 )
At June 30, 2026(2)   $ 33,512       2,081       66,509     $ 1,924     $ 406     $ 104,432  

 

    Mining
assets		     Land &
buildings		     Plant &
equipment		     Motor
vehicles		     Capital
work in
progress		     Total  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
Cost   $ 53,937     $ 3,817     $ 80,817     $ 2,639     $ 10,771     $ 151,981  
Accumulated depreciation and impairment     33,512     $ 2,081     $ 66,509     $ 1,924     $ 406     $ 104,432  
Net book value   $ 20,425     $ 1,736     $ 14,308     $ 715     $ 10,365     $ 47,549  

 

 

 

(1) — Additions of US$0.9 million were recorded in trade payables as of June 30, 2026.

 

(2) —

The cost basis and the balance of accumulated depreciation and impairment include assets that are fully depreciated but remain in service. As of June 30, 2026, the initial cost of the fully depreciated assets that remain in service was US$0.7 million.

 

(3) — The impairment charge relates to the change in the rehabilitation asset (see Note 20) for both Mazowe Mining Company (MMC) and Redwing Mining Company (RMC). The carrying amount was immediately impaired due to the non-operational status of these mines.

 

(4) — Included in transfers in/out of PP&E is $0.3 million which has been transferred to Intangible assets (see note 30).