Minergy Exports Over 615,000tn Of Coal

Masama Coal Mine. PIC: PHATSIMO KAPENG
Masama Coal Mine. PIC: PHATSIMO KAPENG

Minergy through its 100% owned Masama Coal Mine, located in the Mmamabula Coalfield of Botswana, has exported more than 615,000 tonnes of coal in a 22-month period from late 2019.

With operations nearing nameplate capacity at the Botswana Stock Exchange-listed company, this supported increased sales in Botswana, and in the region, South Africa and Namibia.

According to group CEO Morne du Plessis, Minergy has benefited from the price momentum of a burgeoning commodity market, including South African coal, which has seen the highest export coal pricing in a decade. In addition, he said, average pricing has increased from a stronger South African rand, which resulted in higher pula recovered prices at the mine in the last six months and a better product mix featuring larger fraction products.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up