Workers down tools at country's newest mine
Friday, August 23, 2019

Workers gather outside Masama mine on Mondais. PIC: Phatsimo Kapeng
Owned by Minergy Limited, Masama is ramping up to full operations with a target of 80,000 tonnes of saleable coal per month starting from next month. Minergy has already extracted roughly 39,000 tonnes of coal to date and in excess of 340,000 tonnes are exposed in the pit.
However, operations came to a standstill this week when some Jarcon employees called a strike. Jarcon is a joint venture between IPP, a South African company and Giant Plant, a Botswana company. The joint venture won the mining contract last September.
We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...