Depressed Metal Prices Threatens BCL's Viability

Plummeting metal prices, coupled with a global financial crisis have already begun impacting on the operations of Tati Nickel mine while BCL limited has warned of gloomy prospects if the situation persists.

The mine management said the plunge in nickel prices, challenges in production outputs and misappropriate cost levels have placed the economic viability of BCL at risk.
Head of public relations and communications Tiro Kganela, said BCL general Manager, Montwedi Mphathi had implored employees to improve production and control costs in order to survive the current economic climate and secure a viable future for the company.