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
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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