Search results: Dallaglio Investments

VICTORIA Falls Stock Exchange (VFEX) listed company, Padenga Holdings Limited, has invested US$50 million in Eureka Gold Mine with the Guruve-based mining project set for opening this month.Eureka was forced to shut operations after running into...

CONSTRUCTION of Afrochine Dinson Colliery’s coking coal and coke oven battery projects in Hwange under the first phase is now complete with the US$30 million investment creating 300 jobs.   In April, the company announced that it had...

The $12 billion mining sector by 2023 target might have sounded to some like a mirage or mere wishful thinking by an exuberant Government, but as days and months unfold, this is slowly becoming a reality,...

Large scale mining operations in Zimbabwe... Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...

The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.Reconstruction works at the mine were commissioned by President Mnangagwa in 2018 as part of a...

Last year saw a local crocodile skin and meat business investing in a gold mine which attracted a lot of side-eyes. But the investment in Dallaglio Investments (Pvt) Ltd by Padenga Holdings now looks like a...

Extensive exploration works at Eureka Gold Mine in Guruve District, Mashonaland Central Province have confirmed resource worth over US$1 billion. This was revealed by the shareholders of the mine while briefing Deputy Minister of Mines and Mining...

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 —...

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...

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...

One of the most common comments on the Mining Zimbabwe platform is "is Mining benefitting the country and its people? While it is true that the environmental impact of mining activities is a concern, it is equally...

Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine.Eureka, which returned to production last year after...