Minergy to list Masama coal project on BSE

Thursday, February 23, 2017

Australian coal and energy company, Minergy Limited says it has raised P70 million for its Masama Coal Project and plans to list on the Botswana Stock Exchange (BSE) before June this year.

The Masama Coal Project is located in the southwestern corner of Mmamabula coalfield and Minergy says it can be mined at low cost and low risk.

“We will list a coal company in Botswana in the first half of the year that will aid job creation in Botswana, supply the regional coal market with high grade product and potentially take advantage of the buoyant international coal markets.

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