SA investors bag another local power project

In yet another deal involving international investors buying junior coal explorers out of prospective local power projects, African Energy has announced plans to sell its Mmamantswe project to South African buyers.

The deal for the Mmamantswe coal and power project was worth an initial A$10 million (P77 million).

The project, which is estimated to host 1.25 billion tonnes of coal, has an approved Environmental Impact Assessment (EIA) for a coal mining operation of up to 10 million tonnes a year and a 2,000MW power station.

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