Search results: Dallaglio

Zimbabwean producers ramp up investments as gold’s bull run fuels renewed optimism and record inflows Gold’s relentless rally is reshaping investor sentiment worldwide, with HSBC now forecasting prices could climb to US$5,000 per ounce by 2026 —...

Zimbabwe’s gold sector is poised for a potentially lucrative 2025 as the World Bank projects a 30 per cent increase in global gold prices, driven by safe-haven demand amid ongoing geopolitical and economic uncertainty, Mining Zimbabwe...

Guruve-based Eureka Gold Mine has continued its steady production momentum into the second quarter of 2025, with May gold output rising to 178.7 kilograms, slightly above the 178.6 kilograms recorded in April, reflecting a 0.05% month-on-month...

Zimbabwean mining and agribusiness group Padenga says it is banking on the strong rally in gold prices to eliminate its debt before the year closes, while also being on the lookout for new opportunities to expand...

The tragic loss of four lives at Pickstone Peerless Mine in Chegutu has prompted renewed calls from the government and industry leaders for urgent reforms to improve safety and foster better relationships between large-scale mines and...

RioZim, once a dominant player in Zimbabwe’s gold sector, has hit a new low. The mining firm’s gold output fell by a staggering 54% in 2024, just as other companies are thriving thanks to record-high gold...

Four illegal miners lost their lives in the early hours of Tuesday, 28 May 2025, following a tragic incident at Pickstone Peerless Mine in Chegutu, owned by Dallaglio Investments (Pvt) Ltd. The fatal accident occurred after a...

Invictus Energy Limited, listed on both the Australian and Victoria Falls stock exchanges, has been granted approval by Zimbabwe's Environmental Management Agency (EMA) to proceed with pilot production activities at its Cabora Bassa Project, following a...

Pickstone Peerless Mine, operated by Padenga's gold business, Dallaglio Investment, is set to invest US$15 million to increase its gold production by 26%. By Ryan Chigoche This substantial capital expenditure will fund exploration and expansion projects, marking a...

In a major boost for Zimbabwe’s energy sector, the Environmental Management Agency (EMA) has approved the Environmental and Social Impact Assessment (ESIA) for Invictus Energy’s pilot production activities at the Cabora Bassa Project (Muzarabani), enabling the...

Gold has long been a cornerstone of well-diversified investment portfolios, offering a combination of stability, growth, and risk mitigation. The World Gold Council emphasizes gold's unique characteristics, making it an essential asset for investors seeking to...

The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up from US$206 million in 2024. This sharp increase is largely...