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Search results: Dallaglio
Pickstone Tragedy Sparks Call for Stronger ASM–Large-Scale Mine Relations
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 in Crisis as Gold Output Plunges 54%, Company Seeks Lifeline from Investors
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 Die in Pickstone Mine Tragedy
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...
EMA Approves Invictus Energy’s Pilot Gas Production at Cabora Bassa
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 to Boost Production by 26% with Multi-Million Dollar Investment
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...
EMA Approval Greenlights Muzarabani Gas Project Eureka Gold Mine Set for Gas-to-Power Production
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 as a Strategic Investment: Resilience, Diversification and Long-Term Growth
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...
Will Rising Challenges and New Tax Burdens Affect the Projected 140% Investment Surge in 2025?
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...
Who is Zimbabwe’s Biggest Gold Producer? Freda, Blanket, or Eureka?
As Zimbabwe pursues its vision of becoming an upper-middle-income economy by 2030, competition for the title of the country’s top gold producer remains fierce.Key players such as Kuvimba Mining House (KMH), Caledonia Mining Corporation, and Dallaglio...
Pickstone Peerless Reports Gassing Fatality
Dallaglio’s Pickstone Peerless Mine reported a tragic gassing incident in the third quarter ending September 2024, resulting in the death of an employee, Mining Zimbabwe has learned.By Ryan ChigocheThe incident occurred on September 29, 2024, when...
James Beare Makes Significant Share Purchase in Padenga
Victoria Falls Stock Exchange-listed diversified company, Padenga Holdings Limited, has seen its Director and the CEO of its subsidiary, Dallaglio Investments, Mr. James Robert Beare, acquire 285,740 ordinary shares in Padenga, Mining Zimbabwe can report.By Hazel...
Miners Partner with Grid Africa in 72MW Solar Plant
Grid Africa, a company involved in renewable energy, has partnered with local miners to construct a 72 MW solar plant, a welcome development that will alleviate the power crisis currently affecting the industry.By Ryan ChigocheThis project...
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