If you're not happy with the results, please do another search.
Search results: RioZim
Digging deeper: The contrasting fortunes of RioZim and Caledonia
Gold producer RioZim could join the Victoria Falls Stock Exchange (VFEX), where miners are attracted by tax breaks offered for listing on the USD-denominated market.A VFEX listing could ease part of RioZim’s problems, but not all...
RioZim plans to list on US$-only Zimbabwe exchange
RioZim is weighing a listing on Zimbabwe’s Victoria Falls Stock Exchange, where trading is denominated in foreign currency, according to people familiar with the matter.
The nickel, gold and diamonds producer is “seriously considering all options available to it under the...
RioZim technically insolvent
Gold miner, RioZim Limited, is technically insolvent with a staggering negative working capital of about ZWL$1bn, creating uncertainty in its ability to continue as a going concern.RioZim’s current assets stood at ZWL$2.8bn in the reviewed period...
RioZim Diamonds Production Down 4%
RZM Murowa, a subsidiary of RioZim has recorded a 4% drop in output in the half-year ended June 30, 2021, due to technicalities associated with the migration of mining activities.Vongai MbaraThe mining group produced 564 kg of gold...
RioZim in US$1,5bn loss
POST-TAX losses at RioZim Limited widened to $1,5 billion during the half year ended June 30, 2021, after heavy rains triggered flash floods and crippled operations at the firm’s flagship Cam & Motor Mine.RioZim posted a...
Nduna Sues RioZim For Invading His Mine
CHEGUTU West legislator, Dexter Nduna has taken gold mining conglomerate, RioZim Ltd (RioZim) to court on allegations of invading his Danly mine situated in the mining town.RioZim is being sued together with one Langton Ndlovu, Zimbabwe...
850 face eviction from RioZim’s Danly mine
Zimbabwe mining giant RioZim (Pvt) Ltd has begun evicting more than 850 workers, including widows of former employees, residing at its Dalny Mine staff quarters in Chakari.More than 10 families have since been served with eviction...
Riozim Director resigns, new non executive director appointed
Diversified Miner, RioZim Limited last month appointed Mr Mr. Manraj S. Bindra as a Non-Executive Director with Mr Iqbal Meer ceasing to hold the office of Director with effect from the 8th of June 2021.Anerudo MapurangaIn...
Key funder under pressure to pull out of RioZim’s Sengwa project
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, has come under pressure to withdraw funding from Zimbabwe’s planned 2,800MW coal-fired power plant at Sengwa.This leaves what is potentially the country’s...
RioZim receive BIOX plant equipment
DIVERSIFIED mining group, RioZim, has taken delivery of equipment for the proposed US$17 million Biological Oxidation (BIOX) plant at the firm’s Cam and Motor gold mining operation in Kadoma.When commissioned, it is hoped that the plant...
RioZim grapples with low ore grade
Listed resources group RioZim is grappling with low ore grades which saw a 27% drop in gold production to 1.21 tonnes in the year to December 31, 2021 from 1.66 tonnes in the prior year.“The company...
Production constraints, Covid-19 weigh down RioZim
Diversified mining group, RioZim has announced a 27 percent decline in gold production as some constraints at its linchpin Cam & Motor Mine affected 2020 output.
The group’s gold production declined from 1,66 tonnes achieved in the...