Murowa Diamonds Archives | 263Chat, Convening dialogue in Zimbabwe

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

Business

Rio Zim Limited Recorded US$7.5 Million Profit

June 16, 2017

author: Staff Reporter

Local mining giant, Rio Zim Limited last year recorded a net profit of US$7.5 million up from an operating loss of US$150 000 posted in the prior year. By Jeoffrey Ncube According to the company end of year financial statement, despite the challenging and uncertain operating environment,