Masama coal project targets export market

Tuesday, May 09, 2017

Low international coal prices are unlikely to deter coal and energy company, Minergy Limited from developing its Masama Coal Project near Lentsweletau, 50 kilometres north of Gaborone.

The company’s directors are adamant that the project, which seeks to produce 2.4 million tonnes per annum for the export market, would be a success.

Minergy chief executive officer, Andre Boje told Mmegi Business that the current price of international seaborne thermal coal is around $80 per tonne, noting that South African prices are significantly higher than this at around R1,000 per tonne, which makes it a viable project.

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Masama coal project targets export market

Low international coal prices are unlikely to deter coal and energy company, Minergy Limited from developing its Masama Coal Project near Lentsweletau, 50 kilometres north of Gaborone.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!