Mowana Mine sale to be concluded August

Wednesday, May 18, 2016

Mowana Mine will be sold to the highest bidder

FRANCISTOWN: African Copper’s beleaguered Mowana Mine, which is located at Dukwi, may find new owners by early August.

PricewaterhouseCoopers (PwC) managing director, Butler Phiri confirmed the development to Mmegi Business yesterday. The firm has been tasked to sell the mine.

Mowana was placed under liquidation November last year after failing to pay its liquidators.

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