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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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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