Search results: RioZim

Zimplats has applied for a licence to install close to 200MW of solar power to feed operations at Ngezi and Selous, where it is spending US$290 million in additional investment to grow platinum output.The country’s biggest...

While Zimbabwe is committed to the global transition towards cleaner energy, amid growing calls for the adoption of such energy sources, the country says it has no immediate plans to dump its fossil fuel energy sources.Secretary...

Zimbabwe’s central bank has tabled a shareholding agreement for its subsidiary, Fidelity Printers and Refiners (FPR), almost eight months after a proposal to unbundle the company into two entities was announced.The Reserve Bank of Zimbabwe (RBZ)...

The issuance of Exclusive Prospecting Order (EPOs) for the country to discover world-class deposits is of paramount importance for the mining industry to achieve the President’s projected US$12 billion mining annual revenue by 2023.Rudairo MapurangaThe mining...

Diamond Mining in Zimbabwe is mainly conducted in the East of the country which is home to one of the world's richest diamond deposits.Diamond is a gemstone of enormous potential in Zimbabwe.Globally economic kimberlites are commonly found in...

Gold mining companies have asked Government to facilitate access to loans needed to increase production and ensure the country achieves its targeted 100-tonne output by 2030.The metal is Zimbabwe’s second-biggest export earner after platinum.Both gold and...

Delays in the proposed unbundling of Fidelity Printers and Refiners (FPR) has rattled investors who are now reluctant to fund gold projects without proper knowledge of the timelines of the privatisation processes, an executive with the...

Gold smuggling is currently the topical issue in Zimbabwe after the arrest of a local man who was caught with R11 million at OR Tambo airport. According to Home Affairs Minister Kazembe Kazembe, Zimbabwe is losing...

OUTPUT at RioZim’s gem extraction associate Murowa Diamonds slipped to 579 000 carats during the year ended December 31, 2020 after Zimbabwe’s oldest operating diamond mining asset depleted high-grade gems in 2019, the listed giant said...

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...

Madamombe Secondary School has dragged Murowa Diamond to court in an effort to evict the miner from the school premises for disrupting learning activities.The School Development Committee (SDC) seeks for the court to evict Murowa Diamonds...

While Zimbabwe remains a “hard sell’ as an investment destination on the global investment matrix, there are certain themes that continue to attract a lot of attention amongst investors.One such theme has to do with areas...