Liquidator handpicks Mowana mine buyer

Friday, September 23, 2016

Mowana Mine has been closed since November 2015

FRANCISTOWN: Liquidators of African Copper’s trouble-prone Mowana mine have said they have finally identified a buyer for the operation.

However, officials at PricewaterhouseCoopers (PwC) who have been appointed to facilitate the liquidation process have said the name of the company that has won a bid to buy the mine will only be announced on or after October 7.

“Our preferred bidder was selected some weeks ago. We are still finalisng negotiations for the sale of the mine,” PwC managing director (MD), Butler Phiri told BusinessWeek on Wednesday.

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Liquidator handpicks Mowana mine buyer

FRANCISTOWN: Liquidators of African Copper’s trouble-prone Mowana mine have said they have finally identified a buyer for the operation.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply