The report covers the Masama Coal Mine, the status of the mine and future developments, stakeholder relations, an extract from the Competent Persons Report, the management of risk as well as the current status of coal markets regionally and internationally. The report also includes the consolidated annual financial statements of Minergy for the financial year ending 30 June 2020. The report highlights the company's commitment to supporting the Government of Botswana through job creation, skills development, training, as well as ensuring a thriving coal industry in the country. The report also highlights the company's achievement of significant milestones during the year, including the commissioning of the coal beneficiation plant, the signing of the first off-take agreement, and the securing of P150 million in debt funding. The report also discusses the impact of the COVID-19 pandemic on the company's operations and the steps that the company has taken to mitigate the impact of the pandemic.
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Minergy Limited 2020 Integrated Annual Report
Issuing Company Minergy Limited
Report Type Integrated Report
Report Language EN
Report Filesize 9.3 MB
No. of Pages 97 pages
Reporting periodJuly 1, 2019-June 30, 2020
Report EditionUnknown
Assurance Provider Grant Thornton Botswana
Reporting Standards IFRS; SAMREC 2016; King IV™; others
Materiality Assessmenttrue