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
Appeal to public transport operators to exercise caution

Those who occasionally use highways like the A1 and A3 roads will bear testimony to have experienced this firsthand as they have been overtaken by overspeeding buses. Sadly, some of the passengers are the ones who urge some bus drivers to overspeed.The result of this madness is the horrific accident that claimed lives of nine people on Sunday evening near Lechana settlement along the A1 Highway.It is reported that the incident occurred after the...

Have a Story? Send Us a tip
arrow up