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.
HMS Bergbau AG has signed a memorandum of understanding with Shumba Energy, which will provide it with access to...
https://www.youtube.com/watch?v=83p9QoFHDls&feature=youtu.be
Mining Review, 14 March 2016 Shumba Energy, Botswana-listed junior coal miner, approves that the South African government and regulatory...
The increase in coal prices will allow Shumba Energy to accelerate exports and generate revenue to push forward with...
Mining Mx, 29 April 2016 Five years ago, Mashale Phumaphi was an investment banker, braving the London freeze. On...
Multi-asset Africa-focused energy and resource company, Kibo Mining, has announced it has completed the acquisition of an 85% interest...
JOHANNESBURG (miningweekly.com) – Multi-asset Africa-focused energy and resources company Kibo Mining has completed the acquisition of an 85% interest in the Mabesekwa Coal Independent Power Project(MCIPP), in Botswana, from Sechaba Natural Resources. This project complements...
