Search for Tati Nickel buyers suspended

Nigel Dixon-Warren
Nigel Dixon-Warren

FRANCISTOWN: The liquidator of mines under the BCL group, Nigel Dixon-Warren says he has stopped actively looking for buyers for Tati Nickel Mining Company (TNMC).

Tati Nickel, a bastion of Francistown’s economy, shut down in October 2016 as part of the collapse of the BCL group, due generally to high operating costs, low base metal prices and heavy indebtedness.

In February, Minerals minister, Eric Molale told Parliament that 47 offers had previously been received for Tati Nickel but all had failed to meet the grade.

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