Rosy 2015 beckons for Phikwe

BCL mine
BCL mine

SELEBI-PHIKWE: The year 2015 promises to be a good one for Selebi-Phikwe as the town experienced several economic advancements in 2014, led primarily by its mainstay, BCL Mine and other stakeholders.

In 2014, government moved to wholly acquire BCL Mine, after successfully negotiating with previous co-shareholders Norilsk Nickel International for the outstanding six percent, under a mutual deal.

Officials explained that the move was necessary to give government effective control of the company particularly in view of its importance in driving the economic future of the Selebi Phikwe region. The Mine’s Polaris II strategy, which aims to diversify and extend the mine’s existence beyond 2020 and to economically develop Selebi Phikwe through a variety of initiatives, also kicked up a gear in 2014.

Editor's Comment
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