BEE

Firestone Energy’s BEE partner, Sekoko Coal (Pty) Ltd, is a wholly owned subsidiary of Sekoko Resources (Pty) Ltd, a South African broad-based BEE company.

This BEE partnership not only ensures that Firestone Energy can acquire appropriate mining and prospecting rights, but also that the company can work closely with the local communities near our projects. The joint venture was established on the basis of Sekoko’s broad based socio-economic empowerment strategy which aims to attract talented historically disadvantaged persons to work with Firestone Energy and Sekoko Joint Venture.

In terms of the Minerals and Petroleum Resources Development Act (MPRDA), Sekoko Coal holds valid New Order Prospecting Rights to eight farms in the Waterberg coalfield, and 27 farms in the Soutpansberg /Tuli coalfield.

Sekoko Resources

www.sekoko.co.za

WATERBERG PROJECT

Map of South Africa indicating location of Waterberg project
 

PHOTO GALLERY

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