Boseto Mine on the brink as losses deepen

Wednesday, March 05, 2014

Discovery Metals, investors in the troubled Boseto Mine in Maun, reported a loss of US$18.9 million (P170 million) for the December 2013 half year.

This was up from the US$14.6 million for the corresponding period in 2012 as the company struggles to find fresh capital injections to counter mounting debts.

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Boseto Mine on the brink as losses deepen

Discovery Metals, investors in the troubled Boseto Mine in Maun, reported a loss of US$18.9 million (P170 million) for the December 2013 half year.

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Inspect the voters' roll!