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Tue, 22nd Dec 2020 09:00
(ShareCast News) - Kibo Mining has reassured investors that the sacking of the head of Tanzania's state owned electricity company does not affect the company's Mbeya coal to power project. On Sunday Tanzania's president fired Felschesmi Mramba, managing director of Tanzania Electric Supply Company (
Read more(ShareCast News) - Kibo Mining, a Tanzania-focused mineral exploration and development company, has entered into a collaboration agreement with General Electric International (GE) to help with the development of the Mbeya coal power project. The agreement follows the memorandum of understanding anno
Read more(ShareCast News) - Tanzania-focused mineral exploration and development company Kibo Mining announced on Thursday that it has re-negotiated terms for the payback of a £1.5m loan facility provided by Sanderson Capital Partners in March. Under the existing terms of the Facility, the AIM-traded firm wa
Read more(ShareCast News) - Kibo Mining has recrafted its agreement with SEPCO III for the construction of the Mbeya Coal to Power Project (MCPP) in Tanzania. SEPCO III would refund Kibo 50% of the development costs incurred, starting with US$1.8mln by 30 August. In return, it would acquire the right to be t
Read more(ShareCast News) - Tanzania-focused mineral exploration and development company Kibo Mining announced on Wednesday that it has signed a share purchase agreement, to effect the consolidation of the Imweru and Imwelo gold projects. The AIM-traded firm said that under the agreement, Sloane Investments
Read more(ShareCast News) - Tanzania focused mineral exploration and development company Kibo Mining posted an interim update on progress at its Mbeya Coal to Power Project and the Imweru gold project on Wednesday. The AIM and JSE-traded firm said work on the MCPP is continuing at pace, with all attention an
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