Search results: RioZim

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...

RioZim Limited (RioZim) says power supply challenges remain a key risk to the sustainability of its operations. Despite the company putting in place diesel generators to lessen production stoppages, in its trading update for the third quarter...

Diversified miner, RioZim, has dismissed the proposition by a workers’ union to place the company under corporate rescue, a form of local bankruptcy protection, saying the company is not “financially distressed” and at any time, can...

RioZim Ltd. has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa.“The group has been trying to broaden its footprint in the mining industry in Africa and this acquisition was part...

CURRENT liabilities at the listed multi-asset resource outfit, RioZim, barrelled over current assets by $13 billion during the half-year to June 30, 2022, financial statements showed, as terrified authorities feared the firm could collapse. Firms sitting on...

Zimbabwe Stock Exchange-listed diversity miner, RioZim limited's workers have threatened to apply for the placement of the company and its subsidiaries under corporate rescue as they deem the group to be under financial distress due to...

The Solidarity Mine Workers Union of Zimbabwe (SOMWUZ) has dragged into the spotlight diversified mining group RioZim Limited over unpaid packages of 191 workers retrenched last month.Speaking to a local daily, Newsday, SOMWUZ secretary-general Prince Mpala...

RioZim Limited’s Chakari-based mine, Dalny mine, has been without power for over half a year due to a huge electricity debt, it has been revealed. Rudairo Mapuranga There have been reports that RioZim has been struggling to pay...

Sperrgebiet Diamond Mining (SDM) this week announced its majority equity investment by Global Emerging Markets Group (GEM), the miner said.The mining company highlighted this among other investments adding that the resources division of the GEM Group...