Quantcast
Channel: News - The Patriot on Sunday - The Patriot on Sunday
Viewing all articles
Browse latest Browse all 2246

Govt didn’t care – BCL worker

$
0
0
… As BCL liquidator pronounces final death of the mine which has been a lifeblood for thousands Former BCL miners have shown the middle finger to the liquidator Nigel Dixon-Warren after he announced on Tuesday that he will on February 07 recommend that the company be closed down because it is "fatally insolvent". "We never had any hope for good news from the liquidator because even the employer never engaged us from the onset. We have never been briefed," said Mbinganyi Moffat Ramokate, Secretary General of Botswana Mine Workers Union (BMWU). Some miners told The Patriot on Sunday during the week that they are not surprised by Dixon-Warren's verdict because from the onset the shareholder – government – had disregarded expert advice and chose an alternative that was not part of suggestions to save the mine. "Three options were presented to a Parliamentary Committee assessing the viability of BCL mines – and to advice on way forward – with assistance from a team of experts from the mine. They suggested that the mine either be placed under care and maintenance, or be refinanced for restructuring. In the latter proposal Government would inject some capital to finance restructuring, which would result…

Viewing all articles
Browse latest Browse all 2246

Trending Articles