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Management team, financial adviser for Rukwa coal-to-power project

18th October 2013

By: Leandi Kolver

Creamer Media Deputy Editor

  

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Mineral exploration and development company Kibo Mining has appointed a management team to manage and execute its Rukwa coal-to-power project, in Tanzania.

The newly appointed team includes Kibo CEO Louis Coetzee, Kibo COO Louis Scheepers and external appointees, former Hydro Tasmania CEO Roy Adair and River Group chartered accountant Casper van Wyk.

The management team will be respon- sible for the implementation of the Rukwa development programme (RDP). Stage 1 of this programme comprises a bankable feasibility study on the Rukwa coal mine and a prefeasibility study on the power plant, which are expected to be completed by December next year.

Stage 2 of the RDP will comprise all development and construction activities relevant to the mine and the power plant, while Stage 3 will comprise the commis- sioning and operation of the Rukwa coal mine and its associated power station.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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