Canadian out t wants Tati Nickel

GABORONE — Premium Nickel Group (PNRG), a company with Canadian footprints, has shown interest in acquiring certain assets of Tati Nickel, the Competition and Consumer Authority (CCA) has announced. “The Competition and Consumer Authority has received a merger noti cation for the proposed acquisition of certain assets (Selkirk Assets) of the business of Tati Nickel Mining Company (Pty) Ltd (in liquidation) by PNRG,” CCA says in a statement. Tati Nickel has been in liquidation since 9 October 2016 while Selkirk Mine ceased operations in 2002 and has been under care and maintenance. According to CCA, the Selkirk assets that PNGR is interested in are related to the Selkirk Mine that was operated by Tati Nickel. “The key output/product of the Selkirk Mine is Ni-Cu-Co-PGM,” the CCA statement reads. “These minerals were then shipped to Selibe-Phikwe to be smelted into a high-grade sulphide matte, containing nickel, copper and cobalt, which was then exported to international markets such as Norway.”