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Six shortlisted for Khoemacau takeover

Belle of the ball: Suitors are gathering around Khoemacau PIC: KHEMACAU.COM
Belle of the ball: Suitors are gathering around Khoemacau PIC: KHEMACAU.COM

The race to own the country’s premium base metals producer, Khoemacau Copper Mine, is intensifying, with representatives from six shortlisted companies having already been spotted conducting “on-the-ground” assessments.

Highly placed sources told BusinessWeek that some of the shortlisted companies include the Australian-based Citic Pacific mining company, MMG, Exxaro, and Endeavour Mining. Bloomberg on Tuesday also identified Impala Platinum and Zijin Mining as being amongst the shortlisted bidders.

BusinessWeek has established that the selected suitors have been taking turns to visit the mine with the final batch expected next week.


Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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