Provisional judicial manager appointed for Botswana copper mine

Base metals miner Cradle Arc will cooperate with the provisional judicial manager who was appointed for its 60%-owned subsidiary Leboam, in Botswana, to find solutions for the group’s financial difficulties, CEO Kevin van Wouw affirmed on Thursday.

The Botswana High Court has issued a provincial judicial management order, effective December 18, and appointed John Hinchcliffe to oversee matters.