Hopes shattered as TNMC caves in

Friday, October 14, 2016

Nzano Centre in Francistown PIC. KEOAGILE BONANG

FRANCISTOWN: The closure of the Tati Nickel Mining Company (TNMC) will have dire consequences on the second city and its environs, should the ongoing liquidation process decide not to reopen the operations.

For years, the existence of TNMC’s two mines, Phoenix and Selkirk, raised people’s hopes in the area that perhaps things would turn out for the better in future. Phoenix closed in December 2015, but plans were advanced for the imminent reopening of Selkirk.

With the weekend announcement, those hopes have fizzled out.

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