BCL reaches its end, Tati gets lifeline

Friday, June 16, 2017

The High Court yesterday granted an order placing BCL Mine in final liquidation, a move that triggers a series of events that legally end with a sale of assets and payment of creditors.

Tati Nickel and BCL Investments, the latter holding interests in several budding joint ventures and a 50% stake in Nkomati Nickel Mine, have had their provisional liquidation extended to December 15.

The extensions, applied for by lawyers representing provisional liquidator Nigel Dixon-Warren, suggest there are investors interested in Tati and BCL Investments’ assets who need time to conduct their evaluations and negotiations.

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BCL reaches its end, Tati gets lifeline

The High Court yesterday granted an order placing BCL Mine in final liquidation, a move that triggers a series of events that legally end with a sale of assets and payment of creditors.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!