Mmegi

MMG extends Aussie firm’s P2bn contract at Khoemacau

Rumbling on: Khoemacau is due for a $700 million expansion, as it responds to the global surge in copper demand PIC: MINING REVIEW
Rumbling on: Khoemacau is due for a $700 million expansion, as it responds to the global surge in copper demand PIC: MINING REVIEW

Chinese state majority-owned firm, MMG, which snapped up Khoemacau Copper Mine in the biggest takeover ever seen in the local market, has decided to keep faith in Australian mining contractor, Barminco, extending the contract by a year.

The revised contract, valued at approximately (Australian Dollars) AU$240 million (P2.1 billion), will now continue until June 30, 2025.

Under the agreement, Barminco will continue to provide underground development, production, and mining support services.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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