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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
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That should concern every Motswana. The implications extend far beyond cattle and farmers. Botswana’s beef industry is a critical pillar of the economy, supporting thousands of households and sustaining businesses along the value chain.The loss of access to lucrative export markets has already demonstrated how quickly an animal-health crisis can become an economic crisis.This is, therefore, not the time for complacency, blame, or political...

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