Mantashe won't save you, Norilsk tells BCL

BCL Mine stopped rumbling in October 2016
BCL Mine stopped rumbling in October 2016

Russian metals giant, Norilsk Nickel says even if BCL secures a positive review from South Africa’s minerals minister, Gwede Mantashe, in its fight to avoid a multimillion dollar claim, the battle will go on.

Mantashe recently asked the two sides to shelve their ongoing court battle over the US$271 million deal and wait for his decision.

The October 2014 agreement involved BCL purchasing Norilsk’s assets, which included a 50% stake in Mpumalanga mine, Nkomati Nickel, as well as Tati Nickel Mine near Francistown. Payment would be made once several regulatory conditions were concluded, the last of which was the transfer of Nkomati mining rights to BCL, by South African mining authorities.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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