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HOW MDCB BAIL OUT BOSTWANA MINERGY OVER LOST OF COAL PRODUCTION
Minergy owners of Masama Coal Mine in Medie has struggled in the past to meet up its cash flow which has seen Minerals Development Company Botswana (MDCB) step in to bail them out. The company has been struggling due to the reduction in international coal prices which has added to their challenges at the moment. MDCB rolled-out it’s plans with a P389 million as a turnaround strategy to take Minergy to profitability and sustainability. Minergy…
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