State steps in to stabilise Botswana’s junior coal miner Minergy

The Minerals Development Company Botswana, which manages assets on behalf of the government and is the biggest funder to Minergy, has stepped in to help the junior miner navigate various challenges.

As junior coal miner Minergy faces mounting challenges amid lower prices and operational difficulties, a new interim CEO has been seconded to the company by the state’s Minerals Development Company Botswana (MDCB) in a bid to urgently stabilise operations.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won’t be billed.

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