Canadian firm to invest US$26m to revive BCL
Friday, February 12, 2021
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Canadian firm to invest US$26m to revive BCL
A memo apparently written by the BCL liquidator, Trevor Glaum, to the remaining workers conducting care and maintenance activities, indicates that the Canadian firm will now conduct a comprehensive due diligence process on the BCL assets.
“This is therefore not the sale of BCL and Tati assets as yet, but a period of six months granted to Premium Nickel Resources in which to make a final decision on the economic viability of extraction and processing of the ore resources or not,” Glaum wrote on Thursday.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...