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.
Mining Mx, 29 April 2016 Five years ago, Mashale Phumaphi was an investment banker, braving the London freeze. On...
Energy development company Shumba Energy has signed an option to acquire 75% of the Morupule South project from Hodge...
https://www.youtube.com/watch?v=83p9QoFHDls&feature=youtu.be
African energy companies are gearing up to supply South Africa with electricity following the publication of the determination by...
The increase in coal prices will allow Shumba Energy to accelerate exports and generate revenue to push forward with...
BSE-listed Shumba Energy, a Botswana-based coal mining and energy development company, has announced that its trading division has generated...
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...
JOHANNESBURG (miningweekly.com) – Potential cross-border power-from-coal generation from neighbouring Botswana took another step forward on Thursday when Mauritius– and...
