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.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply