Chamber of Mines against piecemeal sale of BCL

Siwawa PIC: KEOAGILE BONANG
Siwawa PIC: KEOAGILE BONANG

FRANCISTOWN: Botswana Chamber of Mines (BCM) has recommended that assets under the BCL Mine group should not be sold piecemeal. The liquidator of the group, Nigel Dixon-Warren recently indicated that BCL would be put under final liquidation as it has been deemed ‘fatally’ insolvent.

The BCL Mine Group owns Tati Nickel Mining Company (TNMC) in Francistown, BCL mine in Selebi-Phikwe and BCL Investments, which was to acquire a 50% stake in South Africa’s Nkomati Mine.

When addressing journalists last week, Dixon-Warren said BCL assets could be sold as piecemeal or as a whole as early as July.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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