Shumba Energy and Lurco JV to mine coal at Sechaba

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An agreement has been reached for the establishment of a 50:50 joint venture partnership between Shumba and South African black-owned Lurco Group South Africa at the Sechaba thermal coal project.

Lurco has been trading for eight years and is an emerging South African resource business with the vision to be the leader in the international mining sector with a focus on exploration, beneficiation and trading.

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