Company profile

Firestone Energy Limited is an independent, Australian exploration and development company listed on the Australian Stock Exchange Ltd (ASX: FSE) and the Johannesburg Stock Exchange (JSE: FSE).

Firestone has joint ventures with broad-based black economic empowerment mining and energy company Sekoko Coal, a subsidiary of Sekoko Resources, over eight farms in the highly prospective Waterberg coalfield where it plans to develop a coal mining project.

Strategy

• To maximise shareholder value by sourcing and developing viable mineral projects.
• Rapid exploration programme to expand the Waterberg resource base.
• Develop a world-class mining operation with internationally significant exports.
• Identify further joint venture opportunities.

Current focus

Feasibility study on track to start a coal mining project in South Africa’s highly prospective Waterberg coalfield.