RioZim Limited

MASVINGO – The Zimbabwe Diamond and Allied Minerals Workers’ Union (ZDAMWU) has expressed concern at the dire financial standing of RioZim Limited Group and called on management to have its five mines placed under judicial management.
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A 36-YEAR-OLD artisanal miner from Chakari in Kadoma was last Friday shot and killed by a RioZim Limited mine security guard after illegal miners trespassed and gained access to one of the mine’s claims.
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Zimbabwe Stock Exchange (ZSE) listed resources group, RioZim Limited, has signed a US$200 million agreement with Chinese infrastructure development company, China Gezhouba Group International Engineering Corporation (CGGC), for the…
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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 of its gold deliveries.
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Diversified Zimbabwe Stock Exchange (ZSE) listed miner, RioZim Limited, has suspended production at three of its gold mines citing shortage of foreign currency needed to import critical consumables and spare parts.
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Diversified resources group RioZim Limited, is planning legal action against the Reserve Bank of Zimbabwe (RBZ) over failure to meet its obligation to avail foreign currency saying this is choking its business.
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CAM and Motor, once Zimbabwe’s largest gold mine is expected to resume production next year, its parent company, RioZim Limited said in a statement.
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