Settlement adds lustre to BCL too little, too late

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News that government has paid P522 million to settle a P2.7 billion lawsuit by Norilsk Nickel, has removed one of the major liabilities any potential buyer would have to carry. Mmegi Correspondent, ONALENNA KELEBEILE finds that the Mine is still set for a piece by piece sale

SELEBI-PHIKWE: BCL Group mine’s liquidator Nigel Dixon-Warren is optimistic that the settlement of a lawsuit by Botswana government to the Russian mining outfit, Norilsk Nickel International, could improve the Mine’s attractiveness to suitors.

He is of the belief that matters should be resolved amicably instead of expensive lengthy processes of going to court. “Amicable settlement is of course to the benefit of the BCL Mine. The Russian mining giant has always demonstrated willingness to settle matters out of court,” he said in an interview this week.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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