Mmamabula Cannot Proceed Without Regulatory Certainty - CIC

Toronto-listed energy company CIC Energy on Wednesday reiterated that it could not proceed with the Botswana-based Mmamabula project without regulatory approvals from the South African government.

CIC Energy president Greg Kinross said at the Mining Indaba in Cape Town that the regulatory uncertainties were the biggest challenge confronting the advancement of the project.

The company deferred certain financial, legal and engineering activities related to the Mmamabula energy project in December.

Editor's Comment
Let’s stand against the menace of ‘CAT’

Methcathinone’s addictive grip is tightening, and its consequences are devastating. Lives are being ruined, families torn apart, and futures dashed by its destructive power. The drug’s allure knows no bounds, with various methods of ingestion making it accessible to users of all preferences.Whether it’s snorted, smoked, injected, or taken orally, the outcome is the same: a path of ruin and despair. It is time for action. The government,...

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