Proactive Investors - Run By Investors For Investors

Kibo Energy applies for full mining rights for Mabesekwa project

"We are pleased to have submitted a formal Mining Right application for Mabesewka, following a formal presentation that outlined our envisaged development plan"
miners
It owns 85% of the 'advanced stage' mine project

Kibo Energy PLC (LON:KIBO) told investors that it has now formally submitted an application for a full Mining Right at the Mabesekwa coal independent power project.

The company has an 85% stake in Mabesekwa and it has made a formal presentation to Botswana's Department of Mines.

READ: Kibo Energy rises as TANESCO confirms resumption of tender process

"We are pleased to have submitted a formal Mining Right application for Mabesekwa, following a formal presentation that outlined our envisaged development plan, to Botswana's Department of Mines. 

"We have reached this key step in an efficient manner and this is testament to the organisation of the Botswanan Department of Mines and the hard work of Kibo's team.

"Mabesekwa is at an advanced stage, with water and land permits and environmental certification in place, in addition to the PFS and Scoping Study that have both already been completed."

View full KIBO profile View Profile

Kibo Energy PLC Timeline

Related Articles

1549597758_MEI-canadian-portfolio-757.jpg
February 08 2019
Meteoric is looking to bolster its portfolio with gold and base metal acquisitions as exploration at its cobalt projects continues.
West Musgrave project in Western Australia on a map
February 19 2019
CZI and Oz Minerals intend to confirm the West Musgrave Nickel-Copper-Cobalt Project's potential in the June half-year.
Lithium Australia aspires to ‘close the loop’ on the energy-metal cycle
March 12 2019
Recent results show high-quality lithium-ion batteries can be generated from mine waste using its process.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use