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Monday, November 23, 2015
Hwange Colliery Company Ltd. (HCCL) could invest in Zimbabwe’s coal-bed-methane potential. The company indicated its interest to venture into coal-bed methane production in Lubimbi in Matabeleland North, as a possible way to diversify.
HCCL is looking for a partnership with others who have the technical and financial capacity to carry out exploration and drilling coal and coal-bed methane activities, according to a tender notice published.
“The company now wishes to diversify its business by venturing into coal-bed methane production,” reads the notice. “Tenders are invited from suitably qualified and interested bidder with technical and financial capacity to carry out exploration and drilling activities in Lubimbi (special grants 4 364 and 4 764) measuring areas of 4,200 hectares and 10,995 hectares respectively.”
The coal mining giant said it requires bidders to delineate coal-bed methane and coal resources and reserves. “For coal, bidders are required to produce a SAMREC compliant coal resource and reserve statement; for coal-bed methane, bidders are required to produce a coal-bed methane resource statement that is compliant to an internationally recognized code of practice for coal-bed methane.”
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