Coal news and updates

The Mines Minister has said, coal production for the year 2020 is expected to be 15 million tonnes as new players come into the radar and old producers are expected to increase their production. According to the Chronicle, several new mining projects are lined up.

Speaking to the publication the Mines Minister, Winston Chitando said:Traditionally we produce about three million tons of coal per annum. This year we expect that we will produce just about four million tons, but the installed capacity for coal production by next year will be 15 million tons per annum.

There are huge coal deposits in Matabeleland North province, Hwange Colliery and Makomo Resources are the current active miners there with other players expected to join them soon. The president last week launched a $12 Billion mining sector roadmap.

 

Source : https://news.pindula.co.