Search results: RioZim

The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU), representing Renco Mineworkers, has rejected Rio Zim’s decision to pay only 50% of workers’ salaries for the period they were on strike, threatening legal action against the...

RioZim has decided to retain the current management team at its Renco Mine despite a petition signed by 716 workers demanding their immediate dismissal.By Ryan ChigocheThe petition, submitted on November 5, 2024, raised serious concerns about...

RioZim Limited has taken its employees to court over what it says is an unlawful industrial strike, as the workers demand updated salaries, which were last paid in July.By Ryan ChigocheAccording to court documents, Rio Zim...

RioZim Limited’s financial performance took a significant hit in the first half of 2024, with revenue declining by 20%, from ZWG 352.4 million during the same period in 2023 to ZWG 282.5 million, Mining Zimbabwe can...

Listed diamond producer RioZim has lost more than 200 mine claims to the Zimbabwe National Army (ZNA) following the High Court's dismissal of RioZim's application regarding the ownership of the claims.By Ryan ChigocheRioZim had listed the...

Zimbabwe Stock Exchange-listed RioZim's diamond operation, RZM Murowa, reported a 3% decrease in production for the full year ending 2023, with output falling from 426,000 carats in 2022 to 414,000 carats in 2023.By Rudairo MapurangaDespite this...

Zimbabwe Stock Exchange-listed miner RioZim produced 940 kg of gold in 2023, marking a 1% increase despite facing significant operational challenges throughout the financial year.By Ryan ChigocheThe company experienced a boost in revenue due to favourable...

Zimbabwe Stock Exchange-listed diversified mining company RioZim, despite the loss of the company’s major shareholder’s representatives and four executives in a fatal plane crash, recorded a 1 per cent increase in gold production during the year...

As part of its efforts to achieve zero harm, Zimbabwe Stock Exchange-listed diversified mining company RioZim recorded a 25 per cent decrease in lost time injuries (LTI) during the financial 2022, compared to the previous year.Rudairo...

Zimbabwe Stock Exchange-listed diversified mining company RioZim said it has been committed to engaging various stakeholders for potential partnership on its 2800 MW coal-fired plant, Sengwa Power Station.Rudairo MapurangaThe project which had secured funding from China...

Gold production at RioZim Limited group increased by 6 per cent during the first half of 2023 compared to the same period last year due to the government's positive interventions and more particularly the upward review...

Diversified mining company, RioZim Limited, has announced new leadership appointments and resignations on their Board of Directors. Effective April 28, 2023, Rajgopal Swami was appointed as the new Chief Executive Officer, succeeding Mr Manit M. Shah who...