Tag: RioZim
The country’s biggest Platinum Group Metal (PGM) producer, Zimplats, has reported a staggering 96% decline in profits for the fiscal year ending September 30, 2024, Mining Zimbabwe can confirm.By Rudairo MapurangaThe company's profit after tax plummeted...
Kuvimba Mining House (KMH) board chairman Mr Justin Mupamhanga has passed away.In a statement, KMH announced the sad news describing Mupamhanga as a visionary leader, an advocate for excellence and a guiding light to the Conglomerate.More...
RioZim Drags its Unpaid Workers to Court Over “Illegal” Strike
RioZim Limited has taken its employees to court over what it says is an unlawful industrial strike, as the workers demand updated salaries, which...
RioZim’s Financial Performance Suffers 20% Revenue Drop
RioZim Limited’s financial performance took a significant hit in the first half of 2024, with revenue declining by 20%, from ZWG 352.4 million during...
RioZim Achieves 940kg Gold Production in 2023, Up 1% Despite Operational Challenges
Zimbabwe Stock Exchange-listed miner RioZim produced 940 kg of gold in 2023, marking a 1% increase despite facing significant operational challenges throughout the financial...
RioZim Achieves 1% Production Increase Despite Major Shareholder Death
Zimbabwe Stock Exchange-listed diversified mining company RioZim, despite the loss of the company’s major shareholder’s representatives and four executives in a fatal plane crash,...
RioZim continues to seek other financial backing for 2 800MW Sengwa Power Station
Zimbabwe Stock Exchange-listed diversified mining company RioZim said it has been committed to engaging various stakeholders for potential partnership on its 2800 MW coal-fired...
RioZim gold production increases by 6 percent
Gold production at RioZim Limited group increased by 6 per cent during the first half of 2023 compared to the same period last year...
RioZim buys a Namibian Diamond Mine for US$58million
RioZim Ltd. has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa.“The group has been trying to broaden its...
Workers threaten to apply for placement of RioZim under judiciary management
Zimbabwe Stock Exchange-listed diversity miner, RioZim limited's workers have threatened to apply for the placement of the company and its subsidiaries under corporate rescue...
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...
RioZim retrenched workers cry foul
The Solidarity Mine Workers Union of Zimbabwe (SOMWUZ) has dragged into the spotlight diversified mining group RioZim Limited over unpaid packages of 191 workers...
BREAKING : Gvt considering increasing gold retention threshold
President Emmerson Mnangagwa has said he will look into the possibility of reviewing the gold forex retention scheme for large scale mines, Mining Zimbabwe...
RioZim Diamonds Production Down 4%
RZM Murowa, a subsidiary of RioZim has recorded a 4% drop in output in the half-year ended June 30, 2021, due to technicalities associated with the...
Recent articles
