Termination notices for 350 Mowana Mine workers

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Hundreds of workers at the troubled Mowana Mine, who were placed on paid leave on November 11 pending liquidation hearings, have been served with termination notices, as the copper mine faces a bleak end.

Owned by African Copper, Mowana and its sister operation, Thakadu, have both succumbed to the lowest copper prices in six years, which earlier this year forced the closure of Discovery Metals’ Boseto Mine.

The axed workers join hundreds of contract miners equally affected by the closure at the mines, in a bleak festive season for mineworkers. Yesterday, provisional liquidator, Max Marinelli told Mmegi that after the provisional liquidation order issued in favour of lead petitioner, Diesel Power, another court date was looming where a final order could be issued.

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

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