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Search results: RioZim

Murowa Diamond Production Up Slightly, but Challenges Remain

RioZim’s diamond associate, RZM Murowa, recorded a slight increase in diamond production during the first half of 2024, although profitability remained under pressure due to a downturn in global diamond prices, Mining Zimbabwe reports.By Rudairo MapurangaAccording...

Policy Inconsistency Bad for Mining Investments in Zimbabwe

Zimbabwe’s mining sector is a critical contributor to the country's economy, with the government pushing to ensure the sector contributes significantly towards the achievement of Vision 2030, where Zimbabwe is expected to become an upper-middle-income economy...

Fluid Air Hydraulics and pneumatics buys stake in Regen Hydraco

Fluid Air Hydraulics, a prominent company in the hydraulics and pneumatics industry, recently acquired a stake in Regen Hydraco a specialist in hydraulic repairs and remanufacturing of all units, as well as supply of new pumps...

ZDAMWU, CNRG call on Murowa to pay its workers

The Zimbabwe Diamond and Allied Minerals Workers Union(ZDMWU) and the Centre for Natural Resource Governance (CNRG) have called on struggling RioZim associate, RMZ Murowa to address the pressing labour disputes, wage issues, and poor working conditions...

Vast to recommence diamond mining agreement, awaits diamond parcel release

Vast Resources has announced that it expects to finalize its mining agreement on the Community Diamond Concession in Marange, Manicaland Province.This comes after the High Court of Zimbabwe granted a default order relating to a historic...

Key Mining projects and plant upgrades in Zimbabwe

The Mining Sector is a key player in the country’s economic development. The sector contributes more than 60% of Zimbabwe’s export receipts, attracts more than 50% of foreign direct investment (FDI), contributes about 13% to GDP...

ZDAMWU warns Rio on rumours of Jobs bloodbath at Murowa

The Zimbabwe Diamond & Allied Minerals Workers Union (Zdamwu) wrote a letter to Murowa management stating that the union had noted with concern a jobs bloodbath at Murowa. Reports that Murowa plans to cut its staff complement...

Zim to reach seven million diamond carats in 2023

The country is well on course to reach seven million diamond carats thereby playing a significant role towards the achievement of the US$12 billion industry, Minister Winston Chitando has said.Rudairo MapurangaAccording to the Minister of Mines...

Six Renco Mine workers arrested for theft of US$120 000 Calcine

The Zimbabwe Republic Police (ZRP) has arrested six Riozim's Renco Gold Mine workers in connection with a case of unlawful entry and theft in which 7 kgs of Calcine valued at US$120 000 were stolen from...

60/40 the elephant in the room is growing by the day

While the Mining industry races to reach annual revenue of US$12 billion by the end of 2023, the 60% foreign currency retention for large-scale producers might be a major cause to upset the achievement of the...

Total Eren in talks with Karo for 300MW solar plant at new platinum mine

Tharisa is in talks with French energy company Total Eren for a 300MW solar plant for Karo Platinum, a new mine being developed near Selous.Land has been allocated for the solar farm and the company will...

Shock as Dalny Mine downgrades to small-scale

Chakari-based Dalny mine which shut down in July 2022 is currently in the process of building a small-scale plant at the mine's locale in Chakari which will be operational on completion sources have revealed.The struggling gold...

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