"Phikwe mayor implores govt not to shut BCL", by Onalenna Kelebeile, 5/10/16.
One might be inclined to think it is a foregone conclusion that the Phikwe mines will continue, but the delay in Govt announcing a decision is unsettling. Maybe other options are being considered, possibly such as closing Phikwe mines and simply processing Selkirk and presumably Maibele ore, and bringing in other concentrates to feed the processing hub in the shorter term, while waiting for prices to improve?
One way or another the lack of certainty is unhelpful to all concerned.
BML Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held