R/€ = 14.55 Change: 0.02
R/$ = 12.50 Change: 0.01
Au 1301.61 $/oz Change: -2.13
Pt 901.50 $/oz Change: -9.36


Botswana copper production ceases as mining sector struggles for survival 

By: African News Agency      6th December 2016 Production in Botswana’s copper-nickel mining subsector is at a standstill following the voluntary liquidation of former top producer BCL in October, which was preceded by the collapse of two other producers in 2015. In his review of the mining sector during his State of the Nation Address (SONA)... 

Terminal pay season opens at mothballed Botswana nickel miner

By: African News Agency      29th November 2016 The payment of terminal benefits to all former employees of liquidated Botswana nickel miner BCL Limited will start on November 30 amid expectations that it would be concluded by December 16, the provisional liquidator has announced. The government of Botswana, which was the majority shareholder,... 

Liquidator retrenches all 5 000 workers at mothballed Botswana nickel miner

By: African News Agency      24th October 2016 All 5 000 employees of the moth-balled Botswana nickel miner Bamangwato Concession Limited (BCL) and its subsidiaries Tati Nickel Mining Company (TNMC) and BCL Investments will receive their last salaries in October 2016, the mine’s provisional liquidator has said. In a letter sent directly to... 

Provisional liquidator given 4 months to determine fate of mothballed Botswana nickel miner 

By: African News Agency      13th October 2016 The government of Botswana has given the newly-appointed provisional liquidator of mothballed nickel miner Bamangwato Concession Limited (BCL) four months to make a determination on whether the mine should remain closed or suggest ways of resuscitating it. In a statement aimed at re-assuring the... 

Norilsk sheds African assets in $337m deal 

By: Natasha Odendaal     20th October 2014 Norilsk Nickel is set to sell its African assets to Botswana-based mining company BCL for $337-million, as the Russian miner’s newly adopted strategy to shed all international assets moves forward. The parties on Monday announced the conclusion of definitive transaction agreements that would see... 

Aveng Moolmans

9th May 2014 A subsidiary of construction and engineering giant Aveng Group, Aveng Moolmans is an opencast contract mining company that offers a variety of services to clients across Africa’s surface mining industry. From short-term waste mining and bulk earthmoving to a complete and long-term mining... 

Norilsk approves plan to keep its Botswana subsidiary operational

By: Keith Campbell     12th July 2013 The Steering Committee of Russian mining major MMC Norilsk Nickel (Norilsk) recently approved the action plan of its Botswanan subsidiary Tati Nickel Mining Company (Tati Nickel). Norilsk owns 85% of Tati Nickel, the other 15% belonging to the government of Botswana. The action plan is intended... 


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