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
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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