Mmegi

Minergy sees light after doldrums

Out of the woods: Minergy executives hope Masama will come good this year PIC: PHATSIMO KAPENG
Out of the woods: Minergy executives hope Masama will come good this year PIC: PHATSIMO KAPENG

Minergy Ltd has resumed production at the troubled Masama Coal Mine in Medie and anticipates reaching full-scale output and sales by the end of June this year, BusinessWeek has learnt.

Masama’s new mining contractor, Meropa Resources, a wholly citizen-owned mining contractor, is currently mobilising while mining operations restarted in February this year.

Minergy’s operations were temporarily stopped last March after a dispute with the previous mining contractor, Jarcon Opencast Mining, over payable arrears.


Editor's Comment
No room for perjury

It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...

Have a Story? Send Us a tip
arrow up