Article

RioZim Limited's losses widened by 59% to $8.71 billion for the half-year ended June 30, 2023, despite a revenue increase to $49.96 billion and an 11% rise in gold production at Renco Mine. The company faced a 642% surge in administrative expenses, largely due to rising input costs.

Total assets reached $748.9 billion, up 732.53% due to local currency depreciation. The Empress nickel refinery and Dalny Mine remained under care and maintenance, with Murowa diamond mine's production increasing 84%.