A dimming copper dream suddenly burns bright
Friday, March 24, 2023 | 1360 Views |
![Better days: BCL Mine’s smelter will likely be sold off piecemeal](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/03/24/68547.jpg&w=800&q=72&f=jpg&t=1)
Better days: BCL Mine’s smelter will likely be sold off piecemeal
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.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...