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Lurco is a diversified commodities, beneficiation and trading business working across the value-chain to lower risk and increase efficiencies. Through a hands-on entrepreneurial approach, equitable partnerships and strategic acquisitions, the company has emerged as one of South Africa’s premier black-owned and managed mining companies; continuing to challenge the status quo as a voice for transformed mining in our country.
Lurco is more than just a trading business - it also believes in the importance of wise stewardship and the effective management of natural assets, all the while looking after the health and economic well-being of employees and communities.
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OVERVIEW OF OUR CURRENT PROJECTS
LURCO IN THE NEWS
A consortium led by State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) has been awarded the post-commencement funding (PCF) bid for Optimum Coal and its associated assets to the value of R1-billion. PCF is finance granted to a company in business rescue and is meant to address the business rescue practitioners’ (BRPs’) remuneration,…Read More
Shumba Energy country manager, Mr Comfort Molosiwa, says they intend to turn Palapye into a coal producing centre. Mr Molosiwa, who was giving a presentation at the ongoing Central District Council (CDC) full council meeting, said they were working at exporting significant tonnage of coal from the area. He said Shumba would put up a…Read More
Botswana Stock Exchange-listed Shumba Energy reports an agreement has been reached for the establishment of a 50:50 joint venture partnership between Shumba and black-owned Lurco Group South Africa at Shumba’s Sechaba thermal coal project situated in the Morupule coalfield in Botswana. The deal will allow the partnership to supply coal into the region and for…Read More
CAREER WORK FOR LURCO
Looking for an organisation that promotes career and skills development?
At Lurco we aim to cultivate a culture of growth, focusing primarily on capacity building, mentorships and knowledge sharing through apprenticeships, learnerships and bursary opportunities for employees.
Our organisational culture is defined by:
- Driving real change and societal impact
- Thriving when faced with challenges
- Ambition and the desire to succeed
- The achievement of results but not at the expense of team wellbeing
- Mutual trust
- Decision making based on sound analysis
- Goal driven, quality interaction