Settlement adds lustre to BCL too little, too late

SELEBI-PHIKWE: BCL Group mine’s liquidator Nigel Dixon-Warren is optimistic that the settlement of a lawsuit by Botswana government to the Russian mining outfit, Norilsk Nickel International, could improve the Mine’s attractiveness to suitors.

He is of the belief that matters should be resolved amicably instead of expensive lengthy processes of going to court. “Amicable settlement is of course to the benefit of the BCL Mine. The Russian mining giant has always demonstrated willingness to settle matters out of court,” he said in an interview this week.