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Kibo to issue shares to Sanderson to settle debt

By: Marleny Arnoldi     9th July 2018 Aim- and AltX-listed Kibo Mining has settled the outstanding balance of £1.11-million on the forward payment facility that was agreed on in December 2016 with Sanderson Capital Partners.  

Kibo signs development agreement with Sepco III

By: Simone Liedtke     3rd July 2018 Aim-listed Kibo Mining has signed a strategic development agreement (SDA) with China-based Sepco III to work towards enhancing Kibo’s strategy and the development of its portfolio of energy projects. As part of the SDA, Sepco III has committed to a two-stage equity investment in Kibo. 

Kibo moves into the Mozambican market

By: Marleny Arnoldi     6th June 2018 Aim- and JSE-listed Kibo Mining has signed a joint venture (JV) agreement with Mozambican energy company Termoeléctrica de Benga to participate in the further assessment and potential development of the Benga independent power project, in Tete, Mozambique.  

Kibo awards second lot of Mbeya EPC contract

By: Simone Liedtke     21st May 2018 Aim-listed Kibo Mining has awarded Sepco III the second lot of the engineering, procurement and construction (EPC) contract for its Mbeya coal-to-power project (MCPP), in Tanzania. Lot 2 of the EPC contract involves the construction of the power line that will evacuate power from the Mbeya power... 

Kibo secures Esia certification for Mbeya project

By: Natasha Odendaal     27th October 2017 AltX- and Aim-listed Kibo Mining has been granted an environmental- and social-impact assessment (Esia) certificate for its Mbeya coal and power generation project, in Tanzania. The Esia is the latest critical milestone for the company’s Mbeya coal-to-power project (MCPP), taking the project a... 

Kibo finalises transmission line bid for MCPP

By: Creamer Media Reporter      29th August 2017 Aim- and AltX-listed Kibo Mining has concluded the final bid clarification for the construction of the transmission line that will evacuate power from the Mbeya power plant to State-owned Tanesco’s Mbeya substation. The power plant forms part of Kibo’s Mbeya coal-to-power project (MCPP), which... 

Kibo secures $2.9m forward payment facility for Mbeya project

By: Ilan Solomons     21st December 2016 Tanzania-focused mineral exploration and development company Kibo Mining has entered into a binding term sheet with UK-based private equity provider Sanderson Capital Partners for a new $2.9-million forward payment facility. The facility provides for Kibo to be advanced part of the $3.6-million... 

Kibo, Sepco tour Tanzania assets

By: Natasha Odendaal     29th April 2015 A week after announcing its new Chinese suitor, Kibo Mining on Wednesday said the first and “strategically most important” condition for the joint development agreement (JDA) for its Tanzanian coal asset had been fulfilled. Aim- and AltX-listed Kibo Mining on April 20 inked a deal with... 

Kibo inks Rukwa development deal with Chinese firm

By: Natasha Odendaal     20th April 2015 Aim- and AltX-listed Kibo Mining has signed a new deal with a Chinese firm to jointly develop its Rukwa coal-to-power project (RCPP) in Tanzania. The Joint Development Agreement (JDA) with China-headquartered engineering, procurement and construction (EPC) group Sepco III would see the project... 

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