Embattled mining firm, RioZim Limited, is restructuring its expensive debt to fend off a going concern crisis after high interest rates guzzled into profits, generating a US$5,5 million net loss during the year to December 31, 2012.
The loss was down from a US$12,2 million loss registered the previous year but remained significant to trouble the mining concern, which last year battled to placate creditors and lenders who called back their loans after default.
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