Economic recession has negatively affected TNMC

Tati Nickel mine
Tati Nickel mine

FRANCISTOWN: The Head of Metallurgy at Tati Nickel Mining Company (TNMC), Josiah Keitshokile, says his company is still reeling from the adverse effects of the economic recession.

Speaking at the TNMC year-end party on Friday, Keitshokile reiterated that although mining contributed significantly to the country’s economy, it had been seriously affected when global demand for minerals dwindled, and prices reached bottom limits, between 2008 and 2013.

“However, since the second quarter of 2014, the prices of our metals have been relatively steadier than in the previous years albeit lower than the desired for business sustainability,” he said.

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