https://www.engineeringnews.co.za

Botswana grants Sese mining lease

Botswana grants Sese mining lease

Photo by Duane Daws

29th March 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – The Botswana government has awarded ASX-listed African Energy a mining licence for its Sese joint venture (JV).

The mining licence covers 51.47 km2 and contains 650-million tonnes of raw coal classified as measured and indicated resources, with African Energy saying on Tuesday that the granted mining lease contains more than enough coal for the currently contemplated 450 MW power project, as well as multiple expansions.

The mining licence will be valid for 25 years and could be extended for a further 25-year period on written application to the government.

African Energy told shareholders on Wednesday that the grant of the mining licence was an important step towards finalising the permits for the Sese integrated coal and power project, with the generation and export licence the only major outstanding permit required before the project can start.

In conjunction with the previously approved land rights and environmental approval, the mining licence gave African Energy the right to erect all buildings and infrastructure required to implement the project.

The Sese integrated power project comprises the initial development of a 300 MW power station and a 1.5-million-tonne-a-year captive coal mine, to be developed in conjunction with JV partner First Quantum Minerals.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.052 0.953s - 140pq - 2rq
Subscribe Now