The dearth of BCL smelter�s business case

The lure of BCL smelter looks to be increasingly fading
The lure of BCL smelter looks to be increasingly fading

The provisional liquidator of BCL Mine has taken a risk and switched off the prized smelter, a decision analysts say will cause damage to the plant and significantly knock down its intrinsic value to any interested buyer.

Former BCL employee, Norman Kelaotswe says for it to maintain its value, the smelter is supposed to be kept running at all times at a holding temperature, and failure to do so would require about a P1-billion in refurbishments costs. 

“Restarting after a prolonged shutdown could result in lots of damage to the plant, which any investor will not be able to recoup,” said Kelaotswe who is also the Vice President of the Botswana Mine Workers Union.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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