Date post: | 25-Jun-2015 |
Category: |
Technology |
Upload: | informa-australia |
View: | 65 times |
Download: | 1 times |
MARCH 2012
UTILISING BOTSWANA’S RESOURCES
SHORT-TERM AND LONG-TERM PROSPECTS
Peet Meyer
PC Meyer Consulting
16 April 2013
MARCH 2012
• How extensively have Botswana’s coal reserves been
explored?
• Overview of progress so far – What are the obstacles to
rapid developments in the short-term?
• With Botswana’s infrastructure remaining the vital
concern for those interested in this region’s concern,
what prospects do the next 5 years hold for coal
production?
MARCH 2012
HOW EXTENSIVELY HAVE BOTSWANA’S COAL
RESERVES BEEN EXPLORED?
MARCH 2012
ACTIVE COMPANIES
Company Project
African Energy Resources Ltd : Sese
Aviva Corporation Ltd: Mmamantswe
Asenjo Energy: Mmamabula West and East
Dukwe
Lechana
Tshimoyapula
Continental Coal: Serowe
Kweneng
Debswana Morupule Coal Mine
Hodges Resources Ltd: Moijabana (JV Cancelled)
Morupule South
Jindal (CIC Project): Mmamabula
Nimrodel Resources Ltd: Takatokwane
Shumba Sechaba Thermal Coal Project
MARCH 2012
COAL RESOURCES
• Officially 212 billion tonnes resources & reserves (Chatupa, 1991)
• Geological in situ, economically mineable, > 0.5 m thick, 20% geological loss
included
• Reserves (≥ 21 Mj/kg) 48.6 Bt
Measured/proven (20% accuracy, 0.8 km spacing)
Indicated/probable (0.8 – 2.4 km)
Inferred/possible (2.4 – 9.6 km)
• Resources (≥ 15 Mj/kg) 164.3 Bt
Hypothetical (≥ 10 km, in same geological environment as explored
seams)
Speculative (projected over unexplored area by geological inference)
• Hypothetical & Speculative resources “essentially undiscovered” - Chatupa
MARCH 2012
Moijabana
2406 Mt
5%
Mmamantswe
598 Mt
1%
Letlhakeng
7213 Mt
15%
Dukwe
1604 Mt
3%
Serule
1648 Mt
3%
Mmamabula
23213 Mt
49%
Morupule
9824 Mt
20%
Dutlwe
2070 Mt
4%
Reserves 48.6 Bt
Foley
6860 Mt
4%
Ncojane
4725 Mt
3%Morupule
8248 Mt
5%
Bobonong
179 Mt
0%
Mmamantswe
2300 Mt
1%
Serule
8036 Mt
5%
Letlhakeng
63140 Mt
38%
Dutlwe
69670 Mt
43%
Moijabana
1133 Mt
1%
Resources 164.3 Bt
”Undiscovered” From Company Data
MARCH 2012
MARCH 2012
DECLARED RESOURCES
Company Project Resource (Bt)
African Energy Resources Ltd : Sese 2.40
Aviva Corporation Ltd: Mmamantswe 1.30
Asenjo Energy: Mmamabula West and East 1.10
Dukwe 0.60
Lechana 0.86
Tshimoyapula 1.40
Continental Coal: Serowe 7.00
Kweneng 2.20
Debswana Morupule Coal Mine 2.30
Hodges Resources Ltd: Moijabana (JV Cancelled) 1.70
Morupule South 2.30
Jindal (CIC Project): Mmamabula 2.30
Nimrodel Resources Ltd: Takatokwane 6.88
Shumba Sechaba Thermal Coal Project 1.00
Total 33.34
MARCH 2012
DECLARED RESOURCES
33 000 000 000 Resources Declared
6 600 000 000 20% Mineable
3 960 000 000 60% Destoning
2 376 000 000 60% Extraction
1 188 000 000 50% Yield
594 000 000 50% to 40 Year Power Supply
14 850 000 Annual Power Station Supply
594 000 000 50% to 20 Year Export
29 700 000 Annual Exports
MARCH 2012
OVERVIEW OF PROGRESS SO FAR – WHAT ARE THE
OBSTACLES TO RAPID DEVELOPMENTS IN THE
SHORT-TERM?
MARCH 2012
THE SAME OLD STORY
• Export Infrastructure – Same story since 2006
• Markets
• Lack of synergies between role players
• Lack of power take-off agreements
Everyone is waiting for ESKOM
• Skills
• Funding
MARCH 2012
MARCH 2012
MARCH 2012
MARCH 2012
MARCH 2012
MARCH 2012
WITH BOTSWANA’S INFRASTRUCTURE REMAINING THE VITAL
CONCERN FOR THOSE INTERESTED IN THIS REGION’S
CONCERN, WHAT PROSPECTS DO THE NEXT 5 YEARS HOLD
FOR COAL PRODUCTION?
MARCH 2012
MARCH 2012
• Declare Reserves – be honest about what you have.
How to Plan what is export for future if saleable is unknown?
How much to go on rail?
• Don’t wait on ESKOM – renewables /Medupi/Khusile/Nuclear.
• Is Botswana explored enough?
Measured?
Feasibility Studies?
How much reserves declared?
• Is there confidence in the future?
Do you want to blow more money in Botswana?
Will you get funding for that?
APRIL 2010
THE END THE END