New company invests $15m in coal mining

A new African resource company, Asenjo Energy, the new joint venture Resources, says it is responding to growing demand for coal in southern Africa by exploiting its coal-mining prospects in Botswana.

Asenjo is a joint venture between Sentula Mining, Jonah Capital and Aquila Resources.
Sentula is a South African mining services company listed on the JSE while Aquila is an Australian resource company.

The company says the estimated coal resource at its Western Mmamabula, Lechana, Tshimoyapula and Dukwe projects is 6.7 billion tons.

Editor's Comment
Accounting officers should be held accountable

Particular trepidations lie with the seemingly embedded nature of embellishing tender sums, in most cases without the barest minimum of authority. The worrying thing is that the inflated amounts run into millions of pula across the government ministries and departments. The Auditor General’s report of March ending 2022, which we cover extensively in this edition, paints a gloomy picture on management of the government coffers. It depicts the...

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