Botswana’s Minergy on track to supply coal to SA in 2019
Minergy, a coal mining and trading company, is steaming ahead on its Masama Coal project in Botswana from which it expects to supply coal to the SA market by February 2019. The company is the first to hold a mining licence for an open-pit coal mine in Botswana where diamond mining has dominated the economy. Although the country has known of coal reserves of more than 200-billion tons, it only has one operating colliery which supplies its Morupule power station. Minergy’s Masama coal mine has a life of 100 years and is expected to produce 2.4-million tons a year. Although the Botswana government’s relative inexperience in coal mining has caused some teething problems, the coal project, located near the small village of Medie 50kms north of Gaborone, is now forging ahead. At a site visit this week, the operations appeared to be taking shape with the pit digging well-advanced. “The progress has been exceptional. We’ve met all our self-imposed targets and we’ll be in production in Febru...
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