Minergy makes progress at Masama

2019-08-13T13:46:20+00:00 August 13th, 2019|News|

Minergy, the Botswana Stock Exchange listed coal mining and trading company, is making good progress with the construction of its 390-million tonne Masama Coal Project in the Mmambula Coalfield of Botswana.

Minergy reported earlier this year in its interim result announcement that mine infrastructure, including extensive civil work, power reticulation, water reticulation systems, access roads, weighbridges offices and workshops, had been completed. The mine box cut was ahead of schedule.

Morné du Plessis, CEO at Minergy. Image credit: Minergy 

Morné du Plessis, CEO at Minergy. Image credit: Minergy

According to Morné du Plessis, CEO at Minergy, about 2.2 million cubic metres of overburden material was moved by July 2019. “The level of service and support received from the opencast mining contractor Jarcon Opencast Mining is key to this achievement and speaks clearly of their commitment. Furthermore, the mine site and plant are fully electrified,” says du Plessis.

He adds that during early July 2019, the plant had successfully passed both electricity connectivity and leak tests. “We are pleased to report that it is now fully operational, producing saleable coal. Plant upgrades are ongoing to improve efficiencies and provide consistency in both product quality and sizing,” says du Plessis.

The Masama Coal Project has an excellent quality coal product within sustainable coal seams, and as such, has received significant interest from regional companies. Minergy has successfully moved product to South Africa and Namibia. The smaller Botswana market is also targeted and Minergy believes it will be able to provide competitive pricing.

“We have come such a long way and are pleased with developments at the mine site. We are extremely excited about the future of the project, our ability to supply coal into the region, the highly experienced team responsible for executing the plan, as well as our capacity to contribute towards a viable coal sector in Botswana,” says du Plessis.