Rio Tinto �parks� iron ore projects after BCL closure
Thursday, February 09, 2017
According to available documents, BCL Mine had a joint venture with Rio Tinto, called the Molopo Iron Ore project in south western Botswana, which was valued at US$9 million and held three prospecting licences. In an April 2016 briefing in Gaborone, then BCL Ltd managing director, Dan Mahupela said the project had an in situ “conceptual mineral value” of P293 billion. This week, Rio Tinto’s exploration manager for Southern Africa, Paul Hundt said activities had been suspended on the prospecting licences pending the finalisation of BCL Mine’s liquidation.
“We had one licence under Rio Tinto and we also had a joint venture with BCL Mine under which were three more licences,” he told MmegiBusiness from Johannesburg.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...