LISTED mining company RioZim Limited (RioZim) has won a Supreme Court appeal barring an army-owned firm, Rusununguko Nkululeko (Private) Limited (Rusununguko) from grabbing its Darwendale chrome mine after declaring the property a cantonment area.
In a judgment delivered in court on Tuesday against Rusununguko and Falcon Resources owned by two foreign nationals, chief Justice Luke Malaba, said the High Court was wrong in ruling against RioZim.
“The unanimous view of the court is that the judgment of the High Court is clearly wrong. Accordingly, the appeal succeeds and the judgment is set aside with costs and in its place substituted by the following: the provisional order is confirmed, full reasons for judgment will be availed in due course,” Malab
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