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

Cobalt
November 28 2018
The junior miner is acquiring the Hautalampi nickel-copper-cobalt deposit in the historic Outokumpu mining camp of eastern Finland
The Toral project
October 31 2018
Since June, the company has achieved an increase in the Toral project's inferred resource estimate, completion of the Phase 1 RC drilling programme and commencement of a Phase 2 diamond infill drill programme, a successful re-logging exercise of historic core to provide valuable additional data and sustained progress on the preparation of the initial scoping study
worker on a hill
April 19 2018
The turnaround plan at the Drakelands mine is beginning to take effect

© 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