Diversified resource group, RioZim Limited, says it has prioritized the completion of the US$ 17 million Biological Oxidation (BIOX) plant at the firm's Cam and Motor mine in Kadoma this year following delays to the project in the past two years due to funding constraints
The Mining Index let go 0.37% to 164.01pts with RioZim dragging down the Index after dropping 0.54% to settle at $1.4670, having traded 21,266 shares for the day.
Zimbabwe Stock Exchange listed mining giant, RioZim Limited has reportedly failed to import key consumables and spares into the country due to lack of access to foreign currency resulting in the company opting to take the expensive route of procuring locally. Zimbabwe has experienced a serious foreign
Zimbabwe Stock Exchange listed mining company, Falcon Gold Zimbabwe Limited in 2017 incurred a loss of US$750 978, a slight improvement from the US$1 356 385 recorded in 2016 According the Group Executive Director, Ian Saunders, the reduction in the loss for the year was a
Mining giant, RioZim is expecting to profitably utilize its chrome assets following government’s decision to lift ban chrome exports with the company now resuscitating its various projects in the country. In its half year ending 30 June 2017 financial results, RioZim realised a 16% growth in revenue from
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