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Search results: RioZim
Dalny’s investment in exploration led to 8% production increase
RioZim group associate, Dalny Mine Compound Pco’s 2018 gold output increases by 8 percent from the previous year due to the company’s investment in exploration, despite the group's gold production regressing by 13% to 1.792 tons...
Sengwa power station project set to start
LISTED mining group, RioZim, says it is set to kick start development of the proposed US$2 billion Sengwa Thermal Power Station project in Gokwe before the end of this year.In a statement accompanying audited financial results...
Murowa diamonds posted USD10 million profit
RioZim group associate, Murowa Diamonds (Private) Limited, despite the group’s gold production for the year 2018 regressing by 13 percent to 1.792 tons which is less than the 2.071 tons achieved in the prior year, managed...
Ten most influential individuals in the Zimbabwe Mining Industry 2019
These are the ten most influential individuals in the Zimbabwe Mining Industry in 2019.
(1) Ben MagaraZimbabwe-born Lonmin Chief executive officer and director Ben Magara has been named among the top 10 most influential men in 2014...
RBZ bends on 30-day retention period
The Reserve Bank of Zimbabwe will allow exporters to keep part of their export proceeds before compulsory conversion to local currency for periods longer than the prescribed 30 days in exceptional circumstances where such need arises...
Artisanal miners feared dead near Kadoma
The ZBC reports 38 artisanal miners are feared dead following flooding of shafts at two mines in Battlefields near Kadoma.34 of the miners went underground at Silver Moon Mine and another four at Cricket Mine in...
Zimbabwe Stock Exchange snubs Falgold
The Zimbabwe Stock Exchange Limited (ZSE) has suspended Falcon Gold Zimbabwe Limited (Falgold) from trading on the local bourse after the gold miner failed to publish its financial results for the year ended September 30, 2018.In...
Miners oppose EPOs applications
Zimbabwe Miners Federation (ZMF), the umbrella body representing small-scale miners, is opposing applications for Exclusive Prospecting Orders (EPOs) made by 11 local and international mining companies, which are currently under consideration by the mining affairs board.In...
Mining investment on the rise
The Mining Affairs Board, a statutory body under the Ministry of Mines and Mining Development, is currently processing applications for Exclusive Prospecting Orders (EPOs) from 11 local and international mining companies, as authorities step up efforts...
ZCDC expects to produce 4.1 million carats in 2019
The Chief Executive Officer of state-owned Zimbabwe Consolidated Diamond Company, Moris Mpofu, revealed that the company plans to invest $32 million in exploration projects this year.Such projects involve reopening mines in Chiadzwa, home to the Marange diamond...
Miners request at least 80% forex
MINE workers and the Chamber of Mines have agreed to approach the government and table a request for the sector to get at least 80% of their foreign currency earnings, businessdigest has learnt.This comes at a...
Falgold fails to publish financial results
LISTED miner Falcon Gold Zimbabwe has failed to publish its financial results for the financial year to September 30 this year, citing operational challenges which have been worsened by inadequate foreign currency allocations by the Reserve...
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