Lerala’s fate to be clear by Christmas
Friday, December 01, 2023 | 790 Views |
![Still mothballed: Lerala closed six years ago](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/12/03/94075.jpg&w=800&q=72&f=jpg&t=1)
Still mothballed: Lerala closed six years ago
Lerala Mine, located in the Tswapong area, closed at the end of May 2017 after its Australian owner, Kimberly Diamonds, ran out of operational cash amidst weak sales. At least 130 workers lost their jobs, with a few others retained for care and maintenance activities.
Maroon Capital, a five-year-old firm majority-owned by Israeli investor, Gilad Shabtai, snapped up Lerala Mine in 2020 but is yet to restart production.
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...