Boseto Mine on the brink as losses deepen

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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.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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