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BCL & Tati mines might reopen soon

It looks like there is a light at the end of the tunnel for Selibe-Phikwe which has over three (3) years now as a β€œghost town” after the liquidation of BCL and Tati Nickel mines in June 2017.

After 3 years of liquidation which saw loss of many jobs, and loss of lives due to stress and depression on former BCL and Tati Nickel mines workers, there finally is a bidder for the mines, meaning there is a chance of reopening. This was announced by the liquidator- Trevor Glaum in his letter to BCL and Tati Care & Maintenance Employees penned yesterday.

β€œIt is with pleasure that I can finally name Premium Nickel Resources Corporation (β€œPNR”) as the preferred bidder. They will be granted exclusive access to the BCL and Tati mines to conduct a comprehensive due diligence exercise as soon as all the arrangements are agreed and recorded.” he revealed.

However, this is not yet the sale of the BCL and Tati asset, but β€œa period of six months granted to PNR in which to make a final decision on the economic viability of extraction and processing of the ore resources or not.”

The team from PNR is expected to arrive at the mines in a few weeks time to begin their processes.

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