https://www.miningweekly.com

Kodal appoints project manager for Mali project

23rd November 2018

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Aim-listed Kodal Minerals has appointed Steven Zaninovich project manager of the company’s flagship Bougouni lithium project, in Mali.

Zaninovich has 25 years’ experience in project management, encompassing all stages of mine development.

His appointment reflects Kodal’s transition into the development phase as it targets initial production at Bougouni in 2020.

Kodal has also entered into a consultancy contract with Zivvo, which is controlled by Zaninovich, for the provision of advisory services.

Zivvo will be issued with 180-million warrants, in three tranches. Each warrant is exercisable into one ordinary share of Kodal and has a life of five years from vesting. If all warrants were to be exercised, Zivvo would have a 2.34% shareholding in Kodal.

“Having declared our maiden resource at Bougouni and moving towards application for a mining licence, now is the perfect time to bolster our team with the engagement of Zaninovich as project manager.

“With a strong team behind us, an exciting lithium project which is delivering consistent high grades and has a scalable Joint Ore Reserves Committee-compliant Resource, a strategic investor and offtake partner secured, as well as a defined development path in place, we believe we are strongly positioned to advance towards our target of first lithium production from Bougouni in 2020,” stated Kodal CEO Bernard Aylward.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION