• Where are the ladies?October 7, 2025
    Botswana enjoys athletics success but… NANCY RAMOKHUA RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Questionably for several years now, ladies in athletics have their representation visibly missing at international… Read more: Where are the ladies?
  • FMD surges in SAOctober 6, 2025
    Border villages,Tlokweng on high alert Cattle crossing into SA to be slaughtered Farmers to conduct FMD routine checks   BAKANG TIRO RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Government… Read more: FMD surges in SA
  • Banks report P5.98 billion loan defaultsOctober 6, 2025
    Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults STAFF WRITER editors@thepatriot.co.bw Arrears on loans to the household… Read more: Banks report P5.98 billion loan defaults
  • Botswana Council of Churches calls for peaceOctober 6, 2025
    GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   Rev. Mmachakga Moruakgomo, representing the Botswana Council of Churches, on August 2025 undertook a diplomatic visit to Ukraine aimed at… Read more: Botswana Council of Churches calls for peace
  • Botswana defends slaughtering elephantsOctober 6, 2025
    Global uproar over killing 21 elephants for Independence festivities KITSO RAMONO editors@patriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   The Ministry of Environment and Tourism has confirmed authorising the killing… Read more: Botswana defends slaughtering elephants
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Wednesday, October 8, 2025
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

BCL revival brings hope

patriot by patriot
February 24, 2021
in News
0
BCL mine

BCL mine

  • Selebi Phikwe residents, businesses optimistic

PHILLIMON MMESO

RelatedPosts

FMD surges in SA

Botswana Council of Churches calls for peace

Botswana defends slaughtering elephants

editors@thepatriot.co.bw

The recent announcement that a Canadian firm Premium Nickel Resources Corp. has been picked as the preferred bidder for the BCL Mine and that they have former BCL Managing Director Montwedi Mphathi as one of the directors has created excitement among Selibe Phikwe residents.

The announcement saw the share price for North American Nickel closing at $ 0.31, a move by 8.77% at Canadian’s TSX Venture.

Though they have just   been    given the exclusive period to complete due diligence on the BCL assets, the announcement has created excited in the sleepy mining town as some sense the resurrection of the once bubbly town.

Dark cloud fell on the copper mining town in October 2016 when government decided to put the mine under liquidation.

This led to massive job losses and closing of businesses in the mining town as the mine was the anchor of the town’s economy.

The name Mphathi tickle excitement among the Phikweans as they believe is the right person to bring back to live the copper mining company.

The hope and believe in Mphathi is ignited by his past record as the Managing Director of the copper mining company from 2003 to 2011 when he turned around the fortunes of the company which was on the brink of collapse.

In a short interview Mphathi said they have six months to do due diligence on the assets of BCL group of Companies which include  BCL mine, Tati Phoenix and Selkirk Mines as well as regional exploration joint ventures on highly prospective Ni-Cu-Co projects located in Botswana.

The iron fisted miner first joined the BCL mine in 1987 working as spanner man, shift boss, superintendent until he became the General Manager in 2003.

When he took over the reins at the mine, the copper mining company was unprofitable and surviving on financial support from government which was the major shareholder.

He managed to turn around the mine so much that it even managed to pay off a P400 million emergency fund burrowed from government in 2000/2001.

In 2011 he shocked many when he resigned from BCL to join less known Botash in Sowa town and many wrote his mining career off.

He turned around the fortunes of the soda ash mining company but didn’t last as he was shown the door 6 years later as he clashed with the shareholders.

 In an interview, Selibe Phikwe Mayor Lucas Modimana said that as the civic leadership they are happy that there is light at the end of the channel but very cautious about the news.“Remember they are just doing due diligence and the process and the entire process will take close to two years before it is completed,” he said.

Modimana said that as Phikweans they have been through a lot since the closure of the mine and accept any news that seem to bring economic hope to them.

The optimistic Modimana said that the announcement will help to attract investors to the sleepy mining town who were rather dragging their feet in investing in the town.

“We hope that once the mine is opened they will procure materials locally in order to boost the local economy and help create employment as well as creating new industries within SPEDU region,” he said.

Chief Executive Officer of Bulb world which has set up business in Selibe Phikwe, Ketshephaone Jacob said that the news has renewed their hope on the opening of the BCL Mine.

As a business person in the area, this announcement raises our hopes highly. Ketshephaone Jacob the individual was born and raised in Selebi Phikwe so naturally the town is really close to my heart.

“As an entrepreneur the main reason why I set up specifically in Selebi Phikwe was to try and restore the town after the mine shutdown so we are really hopeful and optimistic at even the slightest chance that the mine might reopen,” he said.

Jacob whose company is the first to venture into manufacturing of bulbs in Botswana said that the possibility of opening of the BCL Mine will be good for business because mining companies use lots of lights thus making the movement of their product in the region faster as well as people’s increased buying power.

He said that this will create employment opportunities for the youth within the SPEDU region.

Tags: BCL MineBulb WorldPremium Nickel Resources Corp
Previous Post

INVITATION TO TENDER:

Next Post

Alcohol ban divides Cabinet

Related Posts

FMD surges in SA
News

FMD surges in SA

October 6, 2025
Botswana Council of Churches calls for peace
News

Botswana Council of Churches calls for peace

October 6, 2025
Botswana defends slaughtering elephants
News

Botswana defends slaughtering elephants

October 6, 2025
Boko gave voices to some, but…
News

Boko gave voices to some, but…

October 6, 2025
Boko CRACKS
News

Boko CRACKS

October 6, 2025
UDC chaos open Up Kgalagadi South
News

UDC chaos open Up Kgalagadi South

October 2, 2025
Next Post
Alcohol ban divides Cabinet

Alcohol ban divides Cabinet

Please login to join discussion
  • Where are the ladies?October 7, 2025
    Botswana enjoys athletics success but… NANCY RAMOKHUA RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Questionably for several years now, ladies in athletics have their representation visibly missing at international… Read more: Where are the ladies?
  • FMD surges in SAOctober 6, 2025
    Border villages,Tlokweng on high alert Cattle crossing into SA to be slaughtered Farmers to conduct FMD routine checks   BAKANG TIRO RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Government… Read more: FMD surges in SA
  • Banks report P5.98 billion loan defaultsOctober 6, 2025
    Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults STAFF WRITER editors@thepatriot.co.bw Arrears on loans to the household… Read more: Banks report P5.98 billion loan defaults
  • Botswana Council of Churches calls for peaceOctober 6, 2025
    GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   Rev. Mmachakga Moruakgomo, representing the Botswana Council of Churches, on August 2025 undertook a diplomatic visit to Ukraine aimed at… Read more: Botswana Council of Churches calls for peace
  • Botswana defends slaughtering elephantsOctober 6, 2025
    Global uproar over killing 21 elephants for Independence festivities KITSO RAMONO editors@patriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   The Ministry of Environment and Tourism has confirmed authorising the killing… Read more: Botswana defends slaughtering elephants
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?