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Riozim Counts Acquisition Gains

Listed mining group, RioZim, reported a 217 percent increase in profit after tax, boosted by gains from the acquisition of Palatial Gold Investments during the year.

The group’s fortunes have over the past two years taken a turn for the better, lifting the company from a slump that had seen its share price drop to a post dollarisation low of six cents from a peak of $4.

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