Mine closures weigh on mining output

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The closure of the three copper-nickel mines as well as unstable world commodity prices have weighed heavily on the country’s mining output in the first quarter of 2017, Statistics Botswana (SB) said on Tuesday.

Last year, state-owned mining company BCL Mine closed its loss-making copper and nickel operation together with Tati Nickel Mining Company (TNMC) and Mowana Mine. Data from the statistics office shows that the index of mining production stood at 77.1 in the first quarter of 2017, showing a year-on-year decline of 14.4% from 90.1 during the 2016 first quarter.

The quarter-on-quarter changes in the mining production reflect a 6.4% decline from 82.4 during the fourth quarter of 2016. Statistician General, Anna Majelantle said the closure of the three copper-nickel mines as well as unstable world commodity prices for all minerals are the major factors that contributed negatively to the growth of mining production during the first quarter of 2017.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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