RioZim has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa.

“The group has been trying to broaden its footprint in the mining industry in Africa and.

Gold miner Caledonia Mining produced 21 120 oz of gold at the Blanket mine, in Zimbabwe, for the quarter ended September 30 – a record for any quarter.

This was an increase of.

Zimbabwe’s miners do not expect any significant impact from the government’s proposal to collect royalties in the form of refined minerals, the country’s Chamber of Mines said on Monday.

President Emmerson Mnangagwa announced.

Zimbabwe has announced that it wants miners of four key minerals to pay half of their royalties in the commodities.

Currently, platinum miners pay 2.5% in royalties, which goes up to 5% in.

ZIMBABWE’S oldest coal miner, Hwange Colliery Company Limited (HCCL) is to deploy millions in capital expenditure (capex) to rebuild the business after suffering first half write downs on ageing technologies.

Hwange said it.

Zimplats, the country’s biggest platinum mine, scaled up capital expenditure over the past year as part of its US$1.8 billion expansion plan. But how much of this was spent locally?

In the financial.

RIOZIM Limited, the quoted multi-resource outfit that is battling to forestall a fresh wave of headwinds, this week blamed a tough central bank forex surrender regime for its woes, as officials revealed.

ZIMBABWE’S state controlled gems miner says it is combing through alternative markets for diamonds, as it battles to outfox a devastating global embargo that has forced it to hand out products for.

RioZim Limited shareholders have injected $19 billion to prop up the troubled resources outfit, which last week reported wide-ranging write downs for the half-year period to June 30, 2022.

Output in the Zimbabwe.

President Emmerson Mnangagwa has broken ground at the site of a steel plant being built at Manhize, near Chivhu.

Officials are touting it as one of the biggest private investments in Zimbabwe. Once.