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Botswana
African Energy Resources to remove its Botswanan coal business from Australian Securities Exchange

With the business climate increasingly unfavourable for investment in coal, African Energy Resources plans to hive off its Botswanan coal assets from its Australian parent company, which is listed on the Australian Securities Exchange. They will in future be held by a non-listed company, away from the sight of conscientious investors. [...]

Published on 09.11.2021 at 05:00 GMT Reading time 2 minutes

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Mining

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African Energy
African Energy Resources
Australian Securities Exchange
COP26
Covid-19
Eskom
First Quantum Minerals
Mokgweetsi Masisi
Zimasco

Botswana
First Quantum's departure a setback for Sese coal-fired power station project

The Canadian giant has decided to pull out of the Sese mining and energy project in Botswana, which was to have supplied electricity to its Zambian mines. The aversion of shareholders and partners to this type of project with high CO2 emissions was behind the move.

Subscribers only Energy, Mining 28.06.2023

Zimbabwe
Morgan Stanley and Mitsubishi bet on Prospect Resources' battery metals operations

Australian Prospect Resources may have just shed its flagship Zimbabwean lithium project to China's Zhejiang Huayou Cobalt, but this hasn't deterred investors Mitsubishi and Morgan Stanley from betting on the junior's future battery metals projects.

Subscribers only Finance, Mining 25.01.2022

South Africa
Universal Coal founders hope for success in copper and zinc with Lukin Resources

After founding and leading Universal Coal into coal production in South Africa, a team of businessmen, led by Hendrik Bonsma, are trying their luck again, this time in copper and zinc.

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Spotlight | South Africa
How will South Africa spend $8.5bn pledged by West to wean it off coal?

South Africa has been promised massive funding to reduce and then eliminate its dependence on coal. But there are doubts about how exactly the money will be spent.

Subscribers only Energy, Politics 16.11.2021

South African President Cyril Ramaphosa speaking remotely during COP26 on November 4, 2021.

Lesotho, South Africa
Lesotho Highlands Water Project beset by delays amid water crisis

As heads of the Lesotho Highlands Water Project play musical chairs, the bi-national scheme is falling further behind schedule, much to the dismay of South African local authorities.

Subscribers only Diplomacy 20.10.2021

Katse, one of the dams already completed under the Lesotho Highlands Water Project.

Botswana
Gaborone helps Minergy coal venture weather difficult market conditions

The early stages of production at the Masama mine operated by South Africa's Minergy Coal are being followed closely by the government, which has given strong financial support to the new company, the first private sector operator in the Botswanese coal industry.

Subscribers only Mining 03.09.2021

Botswana
Gaborone reaps bigger share of Debswana's diamonds

Although talks are still in progress between Botswana and diamond producer De Beers on the terms of their partnership agreement, the share of Debswana's diamonds allocated for sale by the state-owned Okavango Diamond Co has been quietly but substantially increased.

Subscribers only Mining 24.08.2021

Inner circles | South Africa
The behind-the-scenes power players at the redoubtable Department of Mineral Resources and Energy

The Department of Mineral Resources and Energy is used to making the headlines in the South African press over its management of the country's electricity supply network. It also plays a crucial role, however, in the functioning of South Africa's tentacular mining sector.

Subscribers only Mining 21.05.2021

Southern Africa
Africa anxious over prospect of World Bank turning away from coal

The Bretton Woods institution is under growing pressure to stop financing coal because of targets tied to the COP21 climate conference in Paris. In Southern Africa, where coal is abundant, anxiety is on the rise.

Subscribers only Mining 19.04.2021

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Botswana
African Energy Resources to remove its Botswanan coal business from Australian Securities Exchange

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Set up email notifications for these topics

Botswana
First Quantum's departure a setback for Sese coal-fired power station project

Zimbabwe
Morgan Stanley and Mitsubishi bet on Prospect Resources' battery metals operations

South Africa
Universal Coal founders hope for success in copper and zinc with Lukin Resources

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Inner circles | South Africa
The behind-the-scenes power players at the redoubtable Department of Mineral Resources and Energy

Southern Africa
Africa anxious over prospect of World Bank turning away from coal

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Indigo Publications' websites

Guinea Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

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Botswana African Energy Resources to remove its Botswanan coal business from Australian Securities Exchange

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Botswana First Quantum's departure a setback for Sese coal-fired power station project

Zimbabwe Morgan Stanley and Mitsubishi bet on Prospect Resources' battery metals operations

South Africa Universal Coal founders hope for success in copper and zinc with Lukin Resources

Spotlight | South Africa How will South Africa spend $8.5bn pledged by West to wean it off coal?

Lesotho, South Africa Lesotho Highlands Water Project beset by delays amid water crisis

Botswana Gaborone helps Minergy coal venture weather difficult market conditions

Botswana Gaborone reaps bigger share of Debswana's diamonds

Inner circles | South Africa The behind-the-scenes power players at the redoubtable Department of Mineral Resources and Energy

Southern Africa Africa anxious over prospect of World Bank turning away from coal

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Botswana
African Energy Resources to remove its Botswanan coal business from Australian Securities Exchange

Botswana
First Quantum's departure a setback for Sese coal-fired power station project

Zimbabwe
Morgan Stanley and Mitsubishi bet on Prospect Resources' battery metals operations

South Africa
Universal Coal founders hope for success in copper and zinc with Lukin Resources

Spotlight | South Africa
How will South Africa spend $8.5bn pledged by West to wean it off coal?

Lesotho, South Africa
Lesotho Highlands Water Project beset by delays amid water crisis

Botswana
Gaborone helps Minergy coal venture weather difficult market conditions

Botswana
Gaborone reaps bigger share of Debswana's diamonds

Inner circles | South Africa
The behind-the-scenes power players at the redoubtable Department of Mineral Resources and Energy

Southern Africa
Africa anxious over prospect of World Bank turning away from coal