Study stimulates Aviva to revive Mmamantswe

On Monday, Aviva announced that a A&B Mylec study had shown that the 895-million tonne Mmamantswe project could yield two product streams, including 200 million tonnes of export grade thermal coal, and between 100 million and 150 million tonnes of domestic power coal capable of supporting a 300MW power station.

"These results are considerably above our expectations and were very positive for the project in the current energy fuel market," said Aviva CEO, Lindsay Reed, on Monday [yesterday].