TNMC re-opening delayed

The news will not be well received by the mine’s former employees, residents of Francistown and surroundings who have been eagerly waiting for the mine to resume operations. TNMC played a vital role in the economy of the city prior to its liquidation.

“We had put the April 2018 time frame (as the date TNMC was supposed to resume operations) because we anticipated that the potential buyer of the mine will put a firm offer (which would result in the conclusion of the sale) before the end of the year. Last week the potential buyer put an offer, which he wanted us to present to the creditors.