RioZim eyes production recovery

RioZim said Renco requires about US$20 million in addition­al capital expenditure to modernise underground infrastructure, refurbish its processing plant and restore sustainable production. The company said its financial position makes the investment difficult to undertake internally.

RIOZIM says it will prioritise bringing its Cam & Motor Mine in Kadoma back to normal production capacity fol­lowing the completion of dewatering works and the resump­tion of gold operations. The miner suspended direct mining and processing oper­ations at Cam & Motor almost two years ago to allow criti­cal dewatering of flooded pits, a process…

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