Warren-Dixon to sell BCL for P5 billion

Friday, October 19, 2018

SELEBI-PHIKWE: BCL Mine is selling its farm and tailings next week for P5billion, the liquidator, Nigel Nixon-Warren has disclosed.

Nixon-Warren said they were currently seeking proposals from the business community to acquire rights to run the properties on a commercial scale.

Speaking during the SPEDU consultative forum, Dixon-Warren said he was also working with Pula Steel liquidator for potential investors to purchase the assets of the plant with the aim to reopen it. He added that BCL as the biggest creditor at Pula Steel was interested in seeing a successful disposal of the plant.

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