RioZim

RioZim is incorporated in Zimbabwe and is listed on the Zimbabwe Stock Exchange. The group is divided into five distinct business units; RioGold, RioBase Metals, RioChrome, RioDiamonds and RioEnergy. RioZim currently operates the Renco Gold mine in the south east of Zimbabwe, the Cam & Motor gold mine in Kadoma, the Marnatha ferrochrome refinery in... Kadoma and the Empress Nickel Refinery near the city of Kadoma in Central Zimbabwe. The group also owns 50% of Sengwa Colliery Pty Ltd in Gokwe North, holds a 22% interest in Murowa Diamonds Pvt Ltd and is moving into the chrome mining and smelting industry. RioZim was incorporated on August 29 1956 as Rio Tinto Southern Rhodesia Ltd. It was initially set up to prove and mine the Empress Nickel deposit in Kadoma, the first of Rio Tinto plcs global ventures. Since then RioZim has engaged in a number of different ventures, across a wide variety of industries. After 47 years RioZim can look back on a very rich history, characterized by resilience, persistence and innovation. From its first days as a small nickel and copper mining company in Kadoma, RioZim has grown into a large, diverse Zimbabwean company that operates across different regions and industries. The company boasts a wide array of operations and is currently involved, both directly and indirectly, in all of Zimbabwes Minerals including Gold, Nickel, Copper, Cobalt, PGMs, Chrome, Diamonds and Coal, making it the single, largest producer of finished products in Zimbabwe.Read More