Investments and investor services
FTSE 100 regains ground as miners rise
The FTSE 100 ended 1.6%, or 96.4 points higher at 6,032.
Company
Kibo Energy PLC
LON:KIBO
Kibo is listed on the AIM market in London and the AltX in Johannesburg. The Company is focused on the development of three thermal coal power projects in Mozambique, Botswana and Tanzania, which all share stable operating environments as well as an acute need for consistent power. Additionally, it is building a portfolio of flexible energy projects in the UK through its 60% owned subsidiary, Mast Energy Developments Limited (“MED”). This has given Kibo an entry to the UK Reserve Power market; in time it plans to introduce the Reserve Power market model to its operations in Africa.
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Investments and investor services
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FTSE 100's last minute spike can't prevent losses
FTSE 100 eased 1.4%, or 93 points, to 6,541, after a last minute spike softened the blow.
Investments and investor services
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Investments and investor services
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Archive
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Pure Wafer shareholders are set for a pay-out worth more than last night's closing value of the shares.
Free dig option boosts Kibo Mining's thermal power plans
In particular, the all-in cost margin improved to between 49% - 62%.
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Kibo Mining excited by confirmation of footprint at Haneti
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Archive
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Archive
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Kibo Mining "extremely pleased" with airborne results from Haneti
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Archive
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Investments and investor services
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Kibo and Metal Tiger get underway at Morogoro
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Archive
Proactive news summary, including Abzena, OptiBiotix Health, ZincOx Resources, Mariana Resources, Gemfields and Forte Energy
A treatment for a rare form of haemophilia developed with the help of Abzena’s screening technology has been granted orphan status by the US regulatory authorities. It was one of a number of pharma stories to come out today.
Kibo Mining expects Mbeya study to be completed in October
The plan is to use the coal for a mine mouth 250MW to 300MW thermal power station.