Search results: RioZim

LISTED diversified mining concern, RioZim has recorded a 41 percent decline in gold production in the first quarter ended March 31, 2020, from its local operations on the back of erratic power supplies.In a trading update...

Rio Energy, a unit of RioZim, will build a 2,100-megawatt thermal power plant with China Gezhouba Group Corporation (CGGC) in northern Zimbabwe at a projected cost of US$3 billion, Rio Energy has announced.The power plant at...

RIOZIM Limited has applied to the Zimbabwe Energy Regulatory Authority (ZERA) for licences to build four solar power plants with a combined output of 178 megawatts (MW) to avoid costly and frequent disruptions to operations from...

Listed diversified miner RioZim is planning to invest US$25m on a biological oxidation plant at Cam and Motor Mine which will open by September next year as the company moves to beneficiate its precious minerals to...

Incessant power cuts being experienced in the country weighed down on diversified resources group RioZim’s operations during the half year to June 30, despite arrangements to be exempt from power cuts. This, together with other economic...

RIOZIM will sign an engineering procurement and construction contract (EPC) with Power China for the first phase of its 2 400 Megawatts (MW) Sengwa Thermal Power Plant next month, a highly placed company director has revealed. The...

RioZim Limited chairperson Mr Lovemore Pfupajena Chihota who recently celebrated his 80th birthday has retired from the board and has been replaced by the non-executive member of the board Saleem Rashid Beebeejaun.According to a statement released...

One of Zimbabwe’s leading gold and diamond producer, RioZim which recorded a net loss of USD 2.3 million against a net profit of USD 8.1 million achieved in the prior year, blames government's position on currency...

One of Zimbabwe's leading mining group, RioZim reported a net loss of USD2,3 million in the year ended December 2018 from a net of USD8,1 million the previous year due to a 13 percent decline in...

Zimbabwe has edged closer to getting its first major independent power station following revelations that diversified miner, RioZim, has posted significant milestones towards completing preparatory works for its longstanding US$2,2 billion Sengwa power plant to be...

The Apex bank has filed a High Court application denying a debt worth over $92 million allegedly owed to RioZim.This comes after RioZim sued the central bank for breaching provision of the exchange control directives whereby...

RIOZIM has signed an exclusivity agreement with a Chinese state-owned firm Power China for the construction of a 2000-megawatt (MW) thermal power station in Sengwa, Gokwe North, raising expectations the long-standing plan is slowly coming to...