Zimbabwe: New Battle Over Mujuru Diamond Mine Erupts

THE Zimbabwe Diamond Consolidated Company (ZCDC) has made moves to acquire Limpopo Mining Resources also known as River Ranch Mine, previously linked to the late army general Solomon Mujuru, for a paltry US$4 million, but faces resistance from Rani Investments which has filed a High Court application describing the offer as "too ridiculous to even consider", court papers have shown.

Rani Investments the majority shareholder of Limpopo Mining Resources Private Limited with a shareholding of 80% this week filed a High Court application requesting for the removal of the company from liquidation.

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