A dimming copper dream suddenly burns bright

Better days: BCL Mine’s smelter will likely be sold off piecemeal
Better days: BCL Mine’s smelter will likely be sold off piecemeal

As local copper production bounces back from the meltdown in 2016, the new players have been reluctant to venture into the smelting activities made famous by BCL Mine’s chimney fumes. However, a study due by December could produce a refinery, a value-added step beyond smelting, reports Staff Writer, MBONGENI MGUNI

Since the base metal meltdown of 2016, when a commodity price rout crashed operations at BCL Ltd, Discovery Metals and African Copper, the local copper sector has slowly and painfully pulled itself back up from the collapse.

As prices have picked up since, players such as Khoemacau Copper Mining and Premium Nickel Resources Botswana, located on the Kalahari Copperbelt and at the former BCL respectively, have led the base metal sector’s revival and are presently the most advanced projects.

Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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