The increase in coal prices will allow Shumba Energy to accelerate exports and generate revenue to push forward with the planned growth of its coal projects.Botswana-based company Shumba Energy is cautiously optimistic about the recent uptick in the physical coal price and Matola Coal Terminal‘s increased export capacity which, for a junior coal and energy development company such as itself, could enable it to accelerate exports and generate revenue to bring forward its planned growth, CEO Mashale Phumaphi tells Chantelle Kotze.
Shumba Energy upbeat about its future as development of its projects gain momentum
Shumba sells 50% stake in Sechaba thermal coal project to SA’s Lurco GroupShumba Energy, , Media, 0
SHUMBA Energy, a company listed in Botswana, is to sell a 50% stake in its Sechaba coal prospect, which is...
Annual Company MeetingShumba Energy, , Media, 0
Shumba Annual Company Meeting Notice – Read Article
Shumba Energy eyes electricity export deal with EskomShumba Energy, , Media, 0
Mining Mx, 29 April 2016 Five years ago, Mashale Phumaphi was an investment banker, braving the London freeze. On...
Kibo Mining acquires 85% stake in Botswana power projectShumba Energy, , Media, 0
Multi-asset Africa-focused energy and resource company, Kibo Mining, has announced it has completed the acquisition of an 85% interest...
Shumba buoyed by power plant’s environ nodShumba Energy, , Media, 0
Botswana Stock Exchange (BSE) listed Shumba Energy says it is elated by the recent environmental approval for its proposed...
Shumba sees potential to supply energy to SAShumba Energy, , Media, Press Releases, 0
Mineweb, 16 March 2016 Botswana-listed Shumba Energy believes two of its advanced baseload coal-fired energy projects could supply electricity...
Shumba Energy partners with Basil Read Mining for coal projects in BotswanaShumba Energy, , Media, 0
Shumba Energy has signed a MoU with Basil Read Mining for technical mining operations to provide contract mining solutions...