Minergy Ltd 2018 IR
The report details Minergy Limited's progress on the Masama Coal Project in Botswana, highlighting the critical granting of a 25-year Mining License on August 27, 2018. The company advanced its mine and washing plant development, aiming for commissioning in January 2019 and first saleable coal in February 2019. Minergy also expanded its workforce to 62 employees on site, of whom 57 are Botswana citizens, and established a Social and Ethics Committee to monitor stakeholder engagement. Financially, the company raised BWP 26.9 million through an additional share issue and maintained cash and cash equivalents of BWP 55.9 million at year-end.
Company: Minergy Ltd
Sector: Mining & quarrying
Country: Botswana
Year: 2018
Type: IR
Pages: 81
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Minergy Ltd
Integrated Annual Report
The report details Minergy Limited's progress on the Masama Coal Project in Botswana, highlighting the critical granting of a 25-year Mining License on August 27, 2018. The company advanced its mine and washing plant development, aiming for commissioning in January 2019 and first saleable coal in February 2019. Minergy also expanded its workforce to 62 employees on site, of whom 57 are Botswana citizens, and established a Social and Ethics Committee to monitor stakeholder engagement. Financially, the company raised BWP 26.9 million through an additional share issue and maintained cash and cash equivalents of BWP 55.9 million at year-end.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees