Jacobs Canada Inc. - Div. of Jacobs Engineering Group

Drillers at work at CIC Energy's Mmamabula coal field, in Botswana, where resources have climbed by 28% to 2.93 billion tonnes. The company is planning an electricity generating station, coal export facility, and coal-to-hydrocarbon conversion plant at Mmamabula.

CIC Energy buys back shares, advances Mmamabula

CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.


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