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Exchange rate crisis weighs down RioZim

PRODUCTION at listed multi-asset mining concern, RioZim, was affected by exchange rate distortions during the year ended December 31, 2021.

The firm said operations were affected by power outages across its mines, along.

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Premier Africa Minerals chairperson steps down

Premier African Minerals chairperson Neil Herbert has resigned from the board with immediate effect.

Herbert, who joined the company as non-executive chairperson in 2020, has left the board to pursue other business interests.

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290 views

Alrosa poised to sell diamonds to Gokhran

Russia’s state gem depository could buy diamonds from Alrosa this year, the country’s finance minister reportedly said.

The potential move comes amid Western sanctions against Russia and Alrosa that have threatened the company’s.

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Gold operations anchor Padenga revenue growth

Listed diversified group, Padenga Holdings Limited’s revenue grew 10% to US$78.5m in the reviewed period from US$71.6m achieved in the previous year on the positive performance in the gold mining division.

The uptick.

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Time to deal with our resource curse

INVESTIGATIONS correspondent at the Financial Times, Tim Burgis published a book in 2017 titled The looting machine. It is kaleidoscope of the penury of Africa caused by a coalition between an international.

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