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Tag: RioZim

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...

RioZim in US$1,5bn loss

POST-TAX losses at RioZim Limited widened to $1,5 billion during the half year ended June 30, 2021, after heavy rains triggered flash floods and...

850 face eviction from RioZim’s Danly mine

Zimbabwe mining giant RioZim (Pvt) Ltd has begun evicting more than 850 workers, including widows of former employees, residing at its Dalny Mine staff...

Riozim Director resigns, new non executive director appointed

Diversified Miner, RioZim Limited last month appointed Mr Mr. Manraj S. Bindra as a Non-Executive Director with Mr Iqbal Meer ceasing to hold the...

RBZ, Fidelity move to settle RioZim debt

RioZim Limited has removed the cautionary statements it released in June and July stating the consequences of overdue gold payments, arguing that the commitment...

RioZim female dump truck driver dies in horrific accident

A Murowa Diamonds female dump truck driver last week died a horrific death after overhead rocks fell and crushed her truck cabin.Images sent to...

Bhekinkosi Nkomo stepping down as RioZim CEO

RioZim Limited’s current Chief Executive Officer Mr. Bhekinkosi Nkomo whose term ends on the 30th of June, 2020, has decided to step down to...

RioZim gold production slumps 41%

LISTED diversified mining concern, RioZim has recorded a 41 percent decline in gold production in the first quarter ended March 31, 2020, from its...

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