Masama coal project targets export market

Low international coal prices are unlikely to deter coal and energy company, Minergy Limited from developing its Masama Coal Project near Lentsweletau, 50 kilometres north of Gaborone.

The company’s directors are adamant that the project, which seeks to produce 2.4 million tonnes per annum for the export market, would be a success.

Minergy chief executive officer, Andre Boje told Mmegi Business that the current price of international seaborne thermal coal is around $80 per tonne, noting that South African prices are significantly higher than this at around R1,000 per tonne, which makes it a viable project.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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