Name and Location
Rukwa coal-to-power project (RCPP), Tanzania.

Client
Kibo Mining.

Project Description
The project comprises two prospecting licences and two prospecting licence applications in south-western Tanzania, just south of Lake Rukwa.

The Rukwa Development Programme (RDP) will be implemented to accelerate the development of the project. Stage 1 of the RDP comprises the completion of a bankable feasibility study on the coal mine and a prefeasibility study (PFS) on the power plant by December 2014.

Stage 2 will comprise all development and construction activities relevant to the mine and the power plant, with Stage 3 encompassing the commissioning and operation of the Rukwa coal mine and the Rukwa power station.

Net Present Value/Internal Rate of Return
Not stated.

Value
Not stated.

Duration
Not stated.

Latest Developments
The PFS for Kibo’s planned 300 MW power plant at its Rukwa coal-to-power project will start immediately, with the full study to be completed early next month, the company has announced.

Kibo CEO Louis Coetzee says that, following its appointment, engineering and technical services company Aurecon has undertaken a review of historically gathered information, with the comprehensive nature of the data available enabling the firm to commit to the delivery of the PFS next month.

The power plant PFS will cover the conventional PFS elements associated with a power plant feasibility study, while also assessing certain key parameters required for planning the definitive power feasibility study on the Rukwa power plant.

The power PFS is an important milestone for the RCPP as its marks the stage where feasibility work has progressed sufficiently to allow the integrated feasibility study – comprising mining and power aspects – to continue concurrently.
Key Contracts and Suppliers
Standard Bank (financial adviser).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Kibo Mining, tel +353 91 865367, fax +353 91 755066 or email info@kibomining.com.