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.
A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...