Botswana has considerable coal deposits, one of the largest untapped potential reserves in the world at over 212 billion tonnes, 77% of which remains in the 'hypothetical' and 'speculative' categories.
JOHANNESBURG () – Work is under way on the new Masama coal mine, which Botswana Stock Exchangelisted Minergy expects to commission in January, ahead of .
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Botswana coal miner Minergy plans London listing for 2018 CEO Andre Boje told Reuters the company, which is already listed in Botswana, could look to raise around 700,000 pounds (925,000) mainly to cover the cost of the listing.
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Tlou Energy, the coal bed methane (CBM) developer based in Botswana, has been granted a mining licence for its major project. The Lesedi CBM Project, focused on the delivering of power in Botswana and Southern Africa, has received a mining licence from Botswana's Department of Mines in the Ministry of Mineral Resources, Green Technology, and Energy Security.
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Minergy Coal was listed on the Botswana Stock Exchange (BSE) in April 2017, and Boje highlighted the listing as the "beginnings of a resurgence in the Botswana coal industry". But it's not just the Botswanan space where coal is resurgent, and it's not just the development of a coal resource like Masama that Minergy sees as the endgame.
