Norilsk Nickel issue legal proceedings against Botswana government
Norilsk Nickel has served notice that it intends to commence legal proceedings in Botswana against the Government of Botswana in respect of its involvement in the reckless trading of BCL Limited and BCL Investments Proprietary Limited (BCL), with a view to recovering the US$271mn (plus damages and other costs) that they are owed in relation to the sale of a 50 per cent interest in the Nkomati mine in South Africa and the US$6.4mn they are owed in relation to the sale of the Tati mine in Botswana