Mupane Gold grinds to a halt
Thursday, March 14, 2024 | 9390 Views |
Fighting to survive: Mupane Gold is in trouble PIC: MINING.COM
In a press release issued earlier today through the secretary general, Mbiganyi Gaekgotswe, the Union expressed grave concern over the potential shutdown of the Mine, which could lead to significant job losses. Reports of cash flow problems at Hawks Mining have circulated for some time.
Hawks Mining, a locally owned company, acquired Mupane in 2022 with hopes of revitalising its operations. However, the situation has deteriorated rapidly.
More than P8.1 million has already been spent, yet there appears to be no lasting solution in sight. This is not simply a dispute between the DIS and a group of officers. It is a matter of public accountability. Every pula spent by government comes from taxpayers who expect public funds to be used wisely and responsibly, especially during economic hardships faced by many.The officers exercised their constitutional right to seek justice through...