BCL MD dismisses allegations of mine closure

Mahupela
Mahupela

The cash-strapped BCL Mine, whose fortunes have been on a free fall due to the incessantly falling global metal prices, has dismissed recent reports that Cabinet has endorsed the closure of the country’s oldest copper/nickel mine.

In a business update targeting over 4,000 direct staff members of the BCL mine, the mine’s managing director, Dan Mahupela has vehemently refuted allegations of the impending mine closure.

“We inform you that at this session Botswana Cabinet resolved to appoint a Cabinet sub-committee to assess the state of affairs of BCL business and advise Cabinet appropriately,” reads the BCL business update in part, adding that the sub-committee is expected to be on-site within three weeks from July 15.

Editor's Comment
FMD crisis: We must fight as one

That should concern every Motswana. The implications extend far beyond cattle and farmers. Botswana’s beef industry is a critical pillar of the economy, supporting thousands of households and sustaining businesses along the value chain.The loss of access to lucrative export markets has already demonstrated how quickly an animal-health crisis can become an economic crisis.This is, therefore, not the time for complacency, blame, or political...

Have a Story? Send Us a tip
arrow up