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Workers force Matobo gold mine auction
16/08/2014 00:00:00
by The Source
 
 
RELATED STORIES

THE property of Goodenough Gold Mine near Bulawayo is set to go under the hammer after 100 workers were granted an order by the High Court to auction it to recover unpaid wages.

The miner, which trades as Chakata Resources Zimbabwe (Pvt) Ltd, was placed under provisional judicial management last year after a row erupted over the management of the mine with some of its directors alleging gross abuse of funds.

It owes workers over $90,000, the Mining Industry Pension Fund $42,600, Messers Dube-Banda, Nzarayapenga and Partners $200,000 in legal fees and Cheda and Partners $25,000.

According to a High Court writ of execution dated August 6, 2014, the High Court Justice Lawrence Kamocha granted order for Goodenough Mine’s property to be attached.

“You are required and directed to attach and take into execution the movable and immovable property of Goodenough Mine,” read the order to the Messenger of Court.

The Matobo-based firm was also ordered to pay the costs of the suit.


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