mmegi

Sparks fly as mineworkers meet Khoemacau ExCo

In the news: Khoemacau has changed ownership and is eyeing a $700 million expansion PIC: MINING WEEKLY
In the news: Khoemacau has changed ownership and is eyeing a $700 million expansion PIC: MINING WEEKLY

The Botswana Mineworkers Union (BMWU) has demanded the replacement of the current Khoemacau Copper Mining executive committee to help quell long-running tensions at the copper mine as the new Chinese owners take over.

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.

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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