https://www.miningweekly.com

Kibaran gets assurance for mine licence

5th September 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Graphite developer Kibaran Resources has been assured by the Tanzanian government that the mining licence for its Epanko graphite project would be renewed for an additional ten years, upon its expiry.

The renewal would be conditional upon Kibaran meeting the requirements of the country’s Mining Act.

Kibaran on Wednesday said that the guarantee letter from the Tanzanian government was a major requirement of the project lenders.

The original mining licence was signed in July 2015, and was at the time the major remaining milestone for the project. Kibaran has been working to progress the project towards development.

A bankable feasibility study estimated that the Epanko project would require a capital investment of $88.9-million, to produce 60 000 t/y of graphite over a mine life of 18 years.

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION