African Energy Resources Limited (ASX:AFR)
African Energy Resources Limited is an Australia-based independent power producer company. The Company is focused on the development of power projects in southern Africa. Its segments include Coal-fired Power Projects, Power Investments and Unallocated. The Company's projects include Briggs, Mannersley and Fig Tree Hill Porphyry Copper Project, Sunnyside-Mayanup Project, Mmamabula West Coal Power Project and Mmamantswe Coal Project. The Briggs, Mannersley and Fig Tree Hill Porphyry Copper Project consists of three exploration permits for minerals (EPMs) covering a total area of approximately 241 square kilometers (km). The Sunnyside-Mayanup Project consists of two exploration licenses, such as Sunnyside (E70/5614, 57 graticular blocks), and Mayanup (E70/5613, 40 graticular blocks). The Mmamabula West Coal Power Project is located approximately 65 km west of the main railway line in Botswana. The Mmamantswe Coal Project is located approximately 20 km from the South African border.