Search results: RioZim

The country's sole gold buyer and exporter Fidelity Gold Refinery (FGR) is confident that gold deliveries to FGR will reach 40 tonnes this year as a result of notable expansion projects by Large producers as well...

CHINESE mining firm Anjin Investments suffered a massive slump in diamond production in 2021 recording 70 000 carats from 790 000 carats produced the previous year due to the relocation of its processing plants.The diamond company...

The state of power supply will determine Zimbabwe's mining performance this year and the moot Energy Intensive User Group (EIUG) could shift the industry's trajectory for the better by addressing the energy challenges which are bedevilling...

Gold mining in Zimbabwe is a major mainstay for millions in the Southern African country.There are over 4 000 recorded gold deposits in Zimbabwe of which nearly all of them are located on ancient workings. The...

Listed miner RioZim Limited, swung to a loss of ZWL42bn in the 12 months to December 31,2021, from a profit position of ZWL$453m reported in the previous year, largely due to subdued gold production.Overall gold production...

RioZim base metals refinery, Empress Nickel Refinery (ENR) generated a total revenue of ZW$381 million in 2021 as the operations were under care and maintenance throughout the year.Rudairo MapurangaENR has been RioZim’s best performer, contributing an...

President Emmerson Mnangagwa has challenged Zimbabwean mining companies to invest in technology, in order to improve sustainable mining and unlock Zimbabwe's mining fortunes.Prince SunduzaniThe President said this while commissioning the RioZim Biox plant in Kadoma this...

President Emmerson Mnangagwa has said he will look into the possibility of reviewing the gold forex retention scheme for large scale mines, Mining Zimbabwe can report.Prince SunduzaniSpeaking at the commissioning of the RioZim Cam and Motor...

Zimbabwe’s mining industry is engaging the government over the volatile operating environment which has pushed most of the resources firms to the brink.The multibillion dollar industry, projected to grow by 8% this year, is the country’s...

Diamond production is expected to rise 19% this year to 5m carats  from 4,2m  achieved last year due to the  opening up of the world economies following the slowing down of the Covid-19 pandemic.The improvement in production is also...

RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as China pulls back on funding such projects overseas.The effort by RioZim, one...

The 29th of March 2022 saw the debut of the Ministry of Mines and Mining Development's Mining Excellence Awards.The colourful ceremony saw the gathering of the Mining Industry's finest players who were rewarded for excelling in...