Sparks fly as mineworkers meet Khoemacau ExCo
Friday, December 01, 2023 | 1220 Views |
![In the news: Khoemacau has changed ownership and is eyeing a $700 million expansion PIC: MINING WEEKLY](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/12/03/94073.jpg&w=800&q=72&f=jpg&t=1)
In the news: Khoemacau has changed ownership and is eyeing a $700 million expansion PIC: MINING WEEKLY
BusinessWeek is informed that the mineworkers met with executive management this week in the aftermath of the $1.8 billion (P25.2 billion) deal sealed by MMG to take over the country’s largest copper producer.
In a heated meeting that reportedly ended abruptly, BusinessWeek is reliably informed that BMWU President Joseph Tsimako told the Khoemacau CEO, John Ferreira, that mineworkers do not want him as CEO or in the Executive Committee (ExCo) when MMG fully takes over the operations of the mine.
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