F/town bears the brunt of collapsed mining

Friday, April 22, 2016

Haul trucks at Phoenix Mine during healthier times PIC: KEOAGILE BONANG

FRANCISTOWN: The recent closure of two mines and a mining company in the periphery of Francistown has left the ‘city that thrives on commerce’ on its knees. African Copper Mine’s (ACM) Thakadu Mine in Matsitama became the first casualty of low commodity prices and stopped operations in May 2015 leaving about 145 people jobless.

Thakadu’s sister company ACM’s Mowana Mine in Dukwi followed suit and stopped operations in November 2015 leaving around 300 people without jobs.

Two months later, in February this year, Aveng Moolmans Mining Company, a company that was doing excavations for Tati Nickel Mining Company (TNMC) added to the teeming unemployment numbers, throwing 600 people onto the streets.

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