RioZim

The Reserve Bank of Zimbabwe (RBZ) has filed a High Court application denying a debt worth over $92 million allegedly owed to RioZim.
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Work at RioZim’s $2,2 billion Sengwa thermal power plant has kicked off in earnest amid indications that at least four key feasibility studies are expected to be completed this month.
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Twenty-three illegal miners died on Tuesday evening when interlinked shafts and tunnels at two mines in Battlefields were flooded after the collapse of a dam wall due to heavy rains received in the area.
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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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Zimbabwe Stock Exchange (ZSE) listed multi-commodity miner, RioZim, has engaged Japanese renewable energy company Univergy, to build four solar power stations with capacity to produce 100 megawatts to supply cheaper energy to four of the…
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Zimbabwe Stock Exchange-listed miner RioZim has resumed operations at three of its gold mines after reaching an agreement with the Reserve Bank of Zimbabwe (RBZ) over forex allocation, which has been affecting its operations.
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RioZim says its profits declined 86 percent to $406 000 during the half year ended June 30, 2018 compared to $2,90 million in the previous period.
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RIOZIM believes lingering concerns over the indigenisation of diamond and platinum mines will be fatal to these respective sub-sectors.
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A Kadoma hospital has sued mining conglomerate RioZim for mining too close to the health facility, which has been reverberating with the sound of explosions from the Cam & Motar Mine and has seen flying rocks landing on the hospital’s…
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Listed resources firm, RioZim, is in discussions with a potential investor to kick-start its $2,2 billion Sengwa thermal power project.
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