Cuprum curse breaks Boseto�s back

For investors, a sign that a resource curse has struck a mining operation is when the casual check shirts, khaki trousers and safety helmets of geologists are replaced by the trim charcoal suits and deadpan expressions of accountants.

Far from the sands of Ngamiland, the once hopeful investors in Boseto Copper Mine will on June 12, meet in the corporate offices of Deloitte in Gaborone, to consider a last-gasp offer for any form of return on their investment. Creditors have been tiered from preferential to unsecured, which will determine the level of return they receive on their investments.