OPERATIONAL
- Mining and plant throughput volumes increased with 50% and 37% respectively
- Coal sales increased by 110% to 416 185 tonnes
- Additional off-take agreement concluded
- Commissioning of CHPP rigid screening
- Dewatering circuit section and filter press of CHPP commissioned with a resultant saving of 60% of water previously used per tonne of coal
FINANCIAL
- Revenue increased by 138% to P193 million (2020: P81 million)
- Operating loss for the year improves to P86 million (2020: loss P100 million)
- Net cash used in operating activities improves to P37 million (2020: P105 million used in operating activities)
- Debt funding amounting to P125 million secured
HEALTH & SAFETY
- More than 1 000 days since mine inception with zero injuries
- Mine recorded 60 positive COVID-19 cases with no loss of life
- COVID-19 plan in place which has allowed for effective management
- No reportable accidents, injuries or fatalities
SOCIAL
- 95% of workforce is Batswana
- Corporate social responsibility remains core to Minergy for communities in and around the mining area
