RioZim Limited has been plunged into fresh controversy following the resignation of its company secretary, Ms Diedre Niehaus, amid allegations of corporate misconduct, internal hostility, and the supp...
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has rejected a US$160,000 settlement offer from RioZim Limited, dismissing it as inadequate and lacking assurances for the long-term we...
The High Court has barred resources group RioZim Limited, currently under corporate rescue, from selling its assets as a legal dispute with workers continues.High Court judge Justice Regis Dembure di...
RioZim Limited has announced the resignation of its chairman, Saleem Rashid Beebeejaun, after more than six years at the helm of the embattled mining giant. His departure comes at a time when the comp...
A US$37 million windfall awarded to more than 200 RioZim employees has been thrown into uncertainty after the High Court ruled that the mining company is protected under corporate rescue proceedings.J...
The High Court has granted an urgent interdict to the Zimbabwe Diamond & Allied Minerals Workers' Union (ZDAMWU), barring RioZim Limited from disposing of its mining assets while corporate rescue ...
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has indicated that RioZim Limited's board and management could lose operational control if the union's urgent corporate rescue applicati...
RioZim Limited says it will appeal against an interim relief granted in favour of the Zimbabwe Diamond & Allied Minerals Workers Union (ZDAMWU), which represents some of the company's employees i...
RioZim Limited has announced its intention to appeal an interim relief granted in favor of the Zimbabwe Diamond & Allied Minerals Workers Union (ZDAMWU), which represents some of the company's em...
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has reiterated that only a court-supervised corporate rescue can revive RioZim Limited, as the mining company's much-needed US$21 millio...
Mining giant RioZim Limited is under intense scrutiny after the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) lodged a formal complaint with the Zimbabwe Anti-Corruption Commission (Zacc...
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...
Struggling mining company RioZim Limited is reportedly in advanced discussions with a potential investor for an initial US$20 million injection aimed at revitalising its cash-strapped operations, the ...
RioZim, a diversified resource company listed on the Zimbabwe Stock Exchange (ZSE), urgently requires an estimated US$200 million in fresh capital to resuscitate its struggling mining operations, acco...
Renco Mine, a subsidiary of Zimbabwe Stock Exchange-listed miner RioZim Limited, is facing a looming power disconnection due to an outstanding US$4.7 million debt owed to the Zimbabwe Electricity Tran...
Listed miner, RioZim, has been hit by crippling power cuts adversely impacting on production across all its mining operations. Gold production at Rena) Mine plunged 21% in the quarter to March 31, 202...
RIOZIM says its US$1,5 billion investment into building a 2 800 megawatts thermal power station in Sengwa, Gokwe North, remains firmly on course with the company now moving to the next phase of prelim...
ZIMBABWE Stock Exchange-listed mining group, RioZim, has appointed Mr Saleem Rashid Beebeejaun as chairman with effect from June 25, 2019. He takes over from Mr Lovemore Chihota who recently celebrate...
One of the country's top gold producers, RioZim reported a net loss of US$2,3 million in the year ended December 2018 from a net profit of US$8,1 million in 2017 due to a 13% decline in gold output.Th...
Resources group, RioZim, has sued the central bank to force it to pay over $92 million it claims is owed dating back to 2016 in a case that highlights the acute dollar shortages blighting the southern...
Resources group, RioZim Limited's half year gold production rose 20 percent to 1 050 kilograms from 873 kilograms in the same period last year as production at its three mines was ahead of comparable ...
Diversified mining group, RioZim Ltd's latest attempt to have the loan it obtained from Trust Bank reduced to $500 000 from $1,8 million suffered another setback after the High Court of Zimbabwe dismi...
ROYALTIES on Zimbabwean-mined diamonds have remained punitive, scaring away investors and disadvantaging local players, diversified resources firm RioZim has said.The firm's chief executive officer Bh...
The re-engagement thrust adopted by President Mnangagwa's administration since November last year has unlocked opportunities for local companies to attract credit lines and/or investors for several ke...
RioZim Limited intends to sell majority shareholding to an investor who wins its tender to construct an ambilion thermal power station in Sengwa, Gokwe North, according to company sources. ZSE listed ...
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