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Search results: Rio Zim
Rio Zim slips into the red
Listed miner RioZim Limited, swung to a loss of ZWL42bn in the 12 months to December 31,2021, from a profit position of ZWL$453m reported in the previous year, largely due to subdued gold production.Overall gold production...
Rio Zim wins case against Kadoma residents
RIO Zim Ltd has won a High Court challenge against 30 residents of Eiffel Flats in Kadoma who wanted the mining company to be barred from carrying out blasting activities close to their houses.The company lawyer,...
ZDAMWU Takes RioZim Corporate Rescue Fight to Supreme Court
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has taken its dispute with RioZim to the Supreme Court, appealing a High Court decision that blocked its bid to place the mining company under corporate rescue,...
High Court Dismisses Zdamwu’s Bid To Place Riozim Under Corporate Rescue
The High Court has dismissed an application by the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) and two employees to place mining giant RioZim Limited under corporate rescue, ruling that the union lacked the legal...
RioZim Loss Widens by 81% as Operational Crisis Deepens, Despite Gold Price Boom
RioZim Limited, once a stalwart of Zimbabwe's mining sector, has reported a severely deteriorating financial position, with its net loss widening by a striking 81% during the first half of 2025, Mining Zimbabwe can report.
By Rudairo...
The One-Sided Mining Trade Relationship Between South Africa and Zimbabwe: Time to Prioritise Local Content
Zimbabwe’s mining sector, rich in platinum, gold, lithium, and diamonds, is a cornerstone of the country’s economy. Yet, despite policies designed to promote local industry, the sector remains heavily dependent on South African imports, highlighting a...
RioZim-ZIDAMWU Battle Continues as Union Rejects US$160k Settlement to Drop Corporate Rescue Case
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has once again rejected a US$160,000 settlement offer from RioZim Limited, arguing that it fails to address critical issues affecting employees and the long-term viability of the...
New Leadership for Struggling RioZim as Dengu Takes Helm Amid Worker Unrest
The Zimbabwe Stock Exchange-listed miner RioZim has entered a critical new chapter, appointing veteran business leader Caleb Dengu as its Chairman in a comprehensive board overhaul designed to steer the company through a period of deep...
RioZim Halts US$21m Mines Sale Following Court Setback
Troubled Zimbabwe Stock Exchange-listed mining company RioZim has been forced to halt the planned sale of its gold mines after the High Court granted interim relief to unions opposing the transaction, Mining Zimbabwe can report.
By Ryan...
High Court Sets Timeline in ZDAMWU, RioZim Corporate Rescue Case
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU)’s bid to place RioZim Limited under a court-supervised corporate rescue has taken a key step forward after the High Court in Harare set a date for the...
Union Insists on Court-Led Corporate Rescue as RioZim’s US$21 Million Investment Hangs in the Balance
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has maintained that only a court-supervised corporate rescue can revive RioZim Limited, as the company’s US$21 million investment faces delays linked to ongoing legal processes, Mining Zimbabwe...
Zim to Urgently Prioritise New IPP Framework in 2026, as Energy Deficit Is Expected to Widen 635% by 2030
Faced with a widening energy deficit, the Government says it will prioritise the launch of a "competitive" IPP procurement framework in 2026, in efforts to enhance investor participation in the critical energy sector, Mining Zimbabwe can...
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