African Energy targets Sese coal for export

African Energy Resources has initiated an extensive exploration programme at its Sese coal project in the Central District targeted at boosting the confidence categories of the existing 2.73 billion tonne coal resource.

The company has outlined the potential to ramp up to five million tonnes annually over a short time frame, with a conceptual target of 20-30 million tonnes per year through to the export market.

The Sese project, located 50 kilometres south of Francistown, is expected to have a mine life of between 50 and 100 years, depending on production levels. In a statement, the company said currently the resource breaks down as 0.5 billion tonnes indicated and 2.23 billion tonnes inferred. The company is also set to commence a definitive feasibility study this month, with a decision on an initial one million tonne per annum development by early 2013.

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