RioZim Mining News

Gold miner sues Zimbabwe central bank for not paying in dollars

Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.

At least 23 illegal Zimbabwean gold miners feared dead after shafts flooded

Small-scale gold producers, including illegal miners, accounted for nearly 60 percent of the record 33 tonnes of gold produced in Zimbabwe last year.

Zimbabwe miner RioZim again suspends production over dollar payments

RioZim said since December, it had experienced "significant and persistent" delays in dollar payments, affecting its viability.

Zimbabwe's RioZim shuts mines over dollar shortages

The company had run out of critical consumables and spares required for its mines, forcing the shutdown