Mmegi

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
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

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