This week, RioZim said the Zimbabwe Diamond & Allied Minerals Workers Union lodged an urgent chamber application on July 29, 2025, seeking to bar the company’s board from proceeding with the transactions.
Business

RioZim halts planned funding deals

RIOZIM is temporarily suspending the sale of its mines, following a legal challenge by the Zimbabwe Diamond & Allied Minerals Workers Union. Recently, the miner had announced that it was nearing a deal with new investors who would inject US$20 million and take over the struggling miner. The major line of credit and a new…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions