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Search results: RioZim

RioZim resumes operations

LISTED resources group RioZim has resumed operations at its three gold mines after receiving arrear payments from the central bank.Last week, the miner shut down operations at its Renco, Cam and Motor and Dalny mines for the second...

RioZim suspends operations again

Zimbabwean gold miner RioZim said on Friday it had suspended production at its three mines for the second time in four months because the central bank had failed to pay it in U.S. dollars for part...

Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) End-of-Year Press Statement 2025

Harare, December 31, 2025 - As the curtain falls on a tumultuous 2025, the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) reflects on a year of profound struggles and unyielding resilience among mine workers who...

Cam & Motor Mine Workers Oppose Corporate Rescue, Cite Progress on Wage Arrears

Workers at RioZim Limited's Cam & Motor Mine have openly challenged their own union’s decision to seek corporate rescue for the company, revealing that management has begun paying outstanding salary arrears and questioning the necessity of...

Renco Mine Reopens, Saving Over 1,000 Jobs

In a significant turnaround for a struggling mining operation, Renco Mine has been successfully reopened, securing the employment of more than 1,000 workers — marking a critical first step in parent company RioZim Limited's broader recovery...

Murowa Diamonds Plunges to ZWG28 Million Loss Amid Global Price Slump

In a stark reflection of the challenges facing the diamond sector, Murowa Diamonds has reported a significant financial downturn, swinging from a profit to a substantial loss for the half-year ended 30 June 2025, Mining Zimbabwe...

MMCZ Pushes for Diamond Value Addition at Africa Down Under

In its mandate to promote mining development, the Minerals Marketing Corporation of Zimbabwe (MMCZ) has identified the struggling local diamond sector as one of the areas most critically in need of beneficiation investment, Mining Zimbabwe can...

Zimbabwe’s Diamond Exports Just Nosedived. Here’s Why

Zimbabwe’s diamond sector has suffered a heavy blow in the first half of 2025, with export volumes collapsing by 60% to 2.72 million carats, down from 6.85 million carats in the same period last year, according...

Zimbabwe’s Gold Sector Set to Profit as World Bank Forecasts 30% Price Surge

Zimbabwe’s gold sector is poised for a potentially lucrative 2025 as the World Bank projects a 30 per cent increase in global gold prices, driven by safe-haven demand amid ongoing geopolitical and economic uncertainty, Mining Zimbabwe...

Zimbabwe’s Diamond Exports Soar 912% in April Despite Global Market Pressures

Zimbabwe’s diamond industry defied global market trends with an extraordinary 912% surge in exports in April 2025, rising from $3.66 million in March to $33.47 million, according to the latest trade data from Zimstat. This sharp rise...

RZM Murowa Ordered to Pay US$452,218 to Catering Company in Contract Dispute

RioZim's diamond unit RZM Murowa has been ordered to pay US$452,218.62 to local catering firm Introwise Catering (Pvt) Ltd following a contractual dispute over unpaid invoices for services rendered since 2015.Justice Joseph Chilimbe handed down the...

Mining Opportunities in Kadoma

Kadoma, located in Zimbabwe’s Mashonaland West province, is rich in mining potential. Known historically as a gold mining hub, Kadoma offers a wide array of mineral opportunities that extend far beyond gold.This article delves into the...

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