Hope for Dukwi as Mowana Mine re-opens

Thursday, January 26, 2017

FRANCISTOWN: Leboam’s capture of the mothballed Mowana and Thakadu copper mines has raised hopes for new jobs and better lives for residents of Dukwi and surroundings.

The two mines, which were initially owned by Johannesburg Stock Exchange listed, ZCI Investments through its operating subsidiary Messina Copper Botswana (MCB), were placed under provisional liquidation in November 2015 after failing to pay creditors.

Recently it was announced that a South African firm, PenMin Holdings, operating as Leboam, had offered to buy the mines. The deal has now been concluded and the Mine is expected to resume operations in March.

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