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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."

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