Mmegi

Ray of light beams for gold mining in the North

Ready to rumble: Yilmaz (centre) and his lawyers in Gaborone recently. The investor is eager to finalise the takeover of Mupane and conduct a due diligence
Ready to rumble: Yilmaz (centre) and his lawyers in Gaborone recently. The investor is eager to finalise the takeover of Mupane and conduct a due diligence

Nearly three years after the closure of Mupane Gold Mine hit the economy of the North, a new chapter is beginning to emerge for the country's gold sector.

Following a protracted legal battle that culminated in the approval of the mine's acquisition by Turkish precious metals group AgaOne Commodities, in partnership with citizen-owned Nova Africa, a glimmer of hope has begun to emerge for the country’s gold commodity prospects and the northern economy.

Leading the charge is AgaOne Commodities chairman, Gokhan Yilmaz, whose ambitions for Mupane extend far beyond restarting gold production.

Editor's Comment
Let justice, not politics determine Salakae’s fate

“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...

Have a Story? Send Us a tip
arrow up