The government of Tanzania recently established a Mining Commission in accordance with its new Mining Act. This means that the government can reinstate the issuing of mining licences following the enforcing of a copper and gold concentrate ban and some draconian amendments to mining policy and legislation.
Kibo Mining has announced that having submitted a reformatted IBFS, it has reached the final phase of discussions regarding the Power Purchase Agreement for the Mbeya Coal to Power Project with TANESCO.
Kibo Mining's wholly-owned subsidiary Kibo Mining (Cyprus) has sold Kibo Nickel Limited to Katoro Gold in an all share transaction. This is in line with Kibo’s strategy of becoming a major regional power player in Africa as the sale allows it to focus on its three energy projects currently in development.
A new joint venture between two energy development companies may result in the potential development of a coal-fired power station in Mozambique.
AIM and AltX-listed energy development company Kibo Mining has repositioned itself as an emerging strategic regional electricity supplier on the back of its flagship Mbeya coal to power project in Tanzania.
AIM and AltX-listed energy development company Kibo Mining has completed the acquisition of an 85% interest in the Mabesekwa Coal Independent Power Project (MCIPP)...
Business and policy
Speaking at the 11th Tanzania National Business Council meeting at the State House, the Tanzanian president has pledged to support the private sector. This is...
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