NewsDay Zimbabwe·3 min read·medium

Korzim Strategic Minerals in contempt of court

S
Staff Reporter
Korzim Strategic Minerals in contempt of court
AI Summary

The Zimbabwe High Court has found Korzim Strategic Minerals in contempt for filing false reports and interfering with the operations of Canterbury Mining. This ruling follows a previous court order that had already nullified Korzim's claims in favor of the Dutch-owned investor.

Korzim Strategic Minerals has been found guilty of contempt of court by the High Court for filing false reports against Canterbury Mining (Private) Limited, a Dutch-owned mining company that has invested over USD 25 million in Zimbabwe since answering President Emmerson Mnangagwa's call that "Zimbabwe is open for business."

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