Ex-Kiwara CEO Targets Zambia Geothermal Power to Plug Gap
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Kalahari GeoEnergy Ltd. plans to produce power from steam resources in Zambia to help end a shortfall of electricity in Africa’s biggest copper producer, Chief Executive Officer Peter Vivian-Neal said.
The basin where Kalahari is drilling its first exploration well may have enough resources for as much as 1,000 megawatts, or about half of the southern African nation’s current generation capacity, Vivian-Neal, the former CEO of Kiwara Plc, which First Quantum Minerals Ltd. paid $260 million for in 2009, said by phone on Aug. 23.