. . . as majority shareholders opt outAdvertisements RIOZIM is betting on the finalisation of a major line of credit and a new ownership deal to turnaround its waning fortunes which could potentially revamp its production efficiencies and provide working capital.The Zimbabwe Stock Exchange (ZSE)-listed gold producer has for several years been running a high-cost…
RioZim banks on fresh funding to stay afloat
In its financial results for the year ended December 31, 2025, the miner said gold production dropped by 54 percent to 428kilograms (kgs) from 940 kgs realized the previous year.