" /> Minergy Limited – A coal mining and trading company

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

Latest News

Minergy response to INK24 video posted on Facebook

Minergy or “the company” or “the business” or “the mine” is a Botswana registered and mostly Batswana owned company listed on the main board of […]

Minergy overcomes challenges – improves revenue and produces record breaking coal sales to date

Expects to reach consistent steady-state levels of production in FY2022 27 September 2021 – Gaborone – Minergy, the coal mining and trading company with the […]

Progress of the Masama Coal Mine

Watch Progress of the Masama Coal Mine

Masama Coal Resource

Minergy’s focus is the development of the Masama Coal Mine within the scope of the Prospecting Licence located on the south western edge of the Mmamabula Coalfield in southern Botswana. Minergy’s wholly owned subsidiary Minergy Coal holds the Prospecting Licence for Coal and Coal-Bed Methane, where a 380Mt Coal Resource has recently been independently delineated.

COAL EXPORTED FROM BOTSWANA BY RAIL TO SOUTH AFRICA – JULY 2020

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