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BMWU appeals CCA decision on Mupane

In the news: The BMWU is challenging the manager takeover of Mupane Gold Mine PIC: MINING.COM
In the news: The BMWU is challenging the manager takeover of Mupane Gold Mine PIC: MINING.COM

FRANCISTOWN: The Botswana Mine Workers Union (BMWU) plans to challenge a decision by the Competition and Consumer Authority (CCA) to allow the sale of the Mupane Gold Mine, BusinessWeek has established.

Last month Canadian firm, Galane Gold announced plans to sell its shares at Mupane Mine to Hawks Mining Company Proprietary Limited "at a nominal fee". The sale is expected to be completed soon following approval by the Competition Authority. The authority ruled that the proposed sale would not have any negative effect on public interest matters in Botswana.

However, the union has been resisting the sale, writing earlier this month to the CCA and demanding that the sale of the mine be halted. The BMWU argues that the sale of the mine is illegal and is contrary to public policy.

Editor's Comment
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