Bcl

Cu
3.20
USD/lb
0.06
green
Data as of Jul 23, 2014 12:00AM UTC
Ni
8.60
USD/lb
0.19
green
Data as of Jul 23, 2014 12:00AM UTC


Key Facts
Status: Past Producer
Type of Work: Open-Pit/Underground
Location: Botswana
                 94 km SE of Francistown

Commodities: Copper, Nickel
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Latest Information
December 24, 2008
Norilsk Nickel announced that as a result of the recent unforeseen furnace breakdown at the BCL Smelter in Botswana, to which 90% of the concentrate produced at Tati is trucked, the Tati operation in North East Botswana will be shut down for a period of 12 days whilst various options are being assessed.
March 15, 2006
Planned to increase production from 12,500 tonnes to 13,500 tonnes in 2006 and over 14,000 tonnes in 2007 for the Project 5 Million. Expected cash cost in the range of $2,65 per pound on full production. Planned to construct DMS Phase I plant (1.7 million tpa). Expected completion of a feasibility study for a DMS Phase II plant due for completion on July 2006 to operate by Dec. 2007. Capital expenditures for the DMS Phase II plant were estimated at US$70 million with an internal rate of return (IRR) in excess of 25%.
March 31, 2003
Smelter which had been shut down temporarily since Feb. 3, has commenced producing as of Mar.18. In 1999, the development of the Tertiary Sub-Incline (TSI) shaft at No 3 shaft. In 1970, plant construction started and, concurrently, Phikwe No 1,2 and Selebi shafts were sunk. In 1959, surface prospecting started covering an area of 42 000 square miles.

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