Bit of info about Mmambula
Mmamabula Coalfield
•Global mineral resource estimate of approximately 2.4 billion tonnes (99% in the measured category)
•Thermal coal qualities suitable for export market, domestic power generation and for coal gasification
Location & Landholdings
CIC Energy’s coal resource is located in the Mmamabula Coalfields of southeastern Botswana, adjacent to the country’s main road and rail corridor which links the country’s capital, Gaborone, with its second largest city, Francistown.
The Mmamabula Coalfields form the western extension of South Africa’s Waterberg Coalfield, which contains approximately forty percent South Africa’s coal resources, along with Eskom’s 3,690 MW (net capacity) Matimba power station and Exxaro Resources Limited’s 19 million sales tonnes per annum Grootegeluk coal mine. Exxaro has also been contracted to supply a further 14 million tonnes per annum to Eskom’s 4,800 MW Medupi power station, now under construction.
The two prospecting licences, RL2009/1R (also referred to as the Central Block), and PL11/2004 (divided into the Eastern and Western Blocks) are 100% owned by CIC Energy subsidiaries. The total area for the two licences is 295.4 square kilometers (km2).
The Central Block is the site of the planned coal mine (Serorome Mine) envisaged to supply the Mmamabula Energy Project’s (“MEP”) 1,200 (net) MW power station. The anticipated capacity of this coal mine will be approximately 6.3 million metric run of mine tonnes per year, yielding 4.7 million metric sales tonnes per year.
The 1.3 million sales tonne per annum (mtpa) mine that will support the planned 300 (gross) MW Domestic Power Project (“DPP”) will be located in the Western Block (PL11/2004) and will utilize about one-third of this block as per the layout below.
Geology, Exploration & Mineral Resources
Since commencement of exploration by CIC Energy and its predecessor, Coal Investment Corp., in mid-2005, up to twelve drill rigs have been active concurrently on CIC Energy’s Mmamabula Coal Field. In excess of 165,000 metres have been drilled in approximately 2,000 holes and the exploration drilling program is now largely complete.
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