Harare – The High Court has ordered Curechem Overseas to refund US$552,281 to Fidelity Gold Refinery after failing to fully deliver chemicals under a mining inputs supply deal.
Curechem received US$1,551,045 from Fidelity in January 2020 to supply gold-processing chemicals to small-scale miners. However, it only delivered chemicals worth US$954,243.79, prompting Fidelity to seek legal recourse.
The dispute arose after the agreement expired on 6 January 2021, with chemicals worth US$596,801.21 still unutilised and held by Curechem. An arbitrator, Advocate Tawanda Nyamakura, later ruled in Fidelity’s favour, ordering Curechem to pay back the balance.
Curechem challenged the ruling, arguing it had made two payments in Zimbabwean dollars, but Justice Gladys Mhuri upheld the arbitrator’s decision.
“It is my considered view that the award was made after the arbitrator had made factual findings considering the evidence placed before him,” Justice Mhuri said.
She added that the award did not violate public policy and granted its registration, ordering Curechem to pay the outstanding US$552,281.91.