mmegi

PNRB to finalise Selkirk deal in August

Friday, July 29, 2022 | 540 Views |

Ready to rumble: Tati Nickel Mine consisted of Selkirk and Phoenix mines. Selkirk’s acquisition is due to be finalised in August, while Phoenix is wrapping up a competitive bidding process PIC: MINIGREVIEW.COM

FRANCISTOWN: Premium Nickel Resources Botswana (PNRB) expects to finalise the takeover of the Selkirk nickel mine by August, after delays associated with the acquisition of rights and COVID-19, BusinessWeek has learnt.

Selkirk, located near Matsiloje village, has been under care and maintenance for about 20 years and was being disposed of as part of the larger BCL Ltd deal. PNRB, the local subsidiary of a Canadian nickel producer, offered about P67 million for Selkirk earlier this year.

In February, PNRB said that the transfer of ownership of the mine would be done within 120 days. However, in a statement this week, the company said that more time is required to fully conclude the Selkirk transaction.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

By-elections often arrive quietly, triggered by unfortunate circumstances such as the death of the area councillor PIC: KENNEDY RAMOKONE

Moremaoto votes, parties face reality

Tsaone Basimanebotlhe | 15 m ago

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 34 m ago

Day 3: Search for Maun missing boy continues

Staff Writer | 47 m ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 53 m ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 1 h ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 1 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 1 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 1 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

PNRB to finalise Selkirk deal in August

FRANCISTOWN: Premium Nickel Resources Botswana (PNRB) expects to finalise the takeover of the Selkirk nickel mine by August, after delays associated with the acquisition of rights and COVID-19, BusinessWeek has learnt.