logo-loader
MiningGeneral mining & base metals
Kibo Energy PLC

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."

Quick facts: Kibo Energy PLC

Price: £0.00

Market: LSE
Market Cap: £0.00
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Kibo Energy PLC named herein, including the promotion by the Company of Kibo Energy PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Kibo Mining beds down transformation into energy company with Benga project

Louis Coetzee, chief executive of Kibo Mining PLC (LON:KIBO), discusses with Proactive's Andrew Scott their joint venture agreement with Mozambique energy company Termoeléctrica de Benga SA to participate in the potential development of the Benga Independent Power Project (BIPP). The JV...

on 12/6/18

2 min read