Judge Dismisses Zimbabwe From Mining Entities’ Bid To Confirm $50M Award

Mealey's ( March 27, 2023, 11:21 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge dismissed an action brought by two Mauritian mining investors to enforce an arbitral award worth more than $50 million against the Republic of Zimbabwe and its majority-state-owned mining company for lack of jurisdiction, but declined to dismiss claims against the office of Zimbabwe’s chief mining commissioner, which participated in the underlying arbitration....