Minergy eyes rebound despite market tightness

From the soils: Masama Coal Mine is the country’s second and smaller colliery after Morupule Coal Mine PIC: PHATSIMO KAPENG
From the soils: Masama Coal Mine is the country’s second and smaller colliery after Morupule Coal Mine PIC: PHATSIMO KAPENG

Masama Coal Mine’s operations were suspended for most of last year, amidst a cash crunch and sliding coal prices. Minergy Ltd acting CEO, Matthews Bagopi, a minerals veteran, tells MBONGENI MGUNI a turnaround is underway

Mmegi: What is the situation with Minergy at the moment in terms of operations?

Bagopi: Operations have restarted. As you know we took the decision to part with the former mining contractor in September last year and it took a bit of time to get the whole issue settled out. However, it was resolved by the end of the year on December 29 and we were immediately able to appoint the new contractor at the turn of the year and it takes a bit of time for them to mobilise.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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