Mantashe won't save you, Norilsk tells BCL

BCL Mine stopped rumbling in October 2016
BCL Mine stopped rumbling in October 2016

Russian metals giant, Norilsk Nickel says even if BCL secures a positive review from South Africa’s minerals minister, Gwede Mantashe, in its fight to avoid a multimillion dollar claim, the battle will go on.

Mantashe recently asked the two sides to shelve their ongoing court battle over the US$271 million deal and wait for his decision.

The October 2014 agreement involved BCL purchasing Norilsk’s assets, which included a 50% stake in Mpumalanga mine, Nkomati Nickel, as well as Tati Nickel Mine near Francistown. Payment would be made once several regulatory conditions were concluded, the last of which was the transfer of Nkomati mining rights to BCL, by South African mining authorities.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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