Yearly Archives: 2016

21 12, 2016

Share Issue

2016-12-21T14:59:20+00:00December 21st, 2016|

21 December 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, has today elected to make a first drawdown under the terms of the forward payment facility provided by Sanderson Capital Partners Limited (“Sanderson”) (the “Facility”), the details of which were announced in the

21 12, 2016

Kibo Mining Agrees Term Sheet with Sanderson Capital Partners

2016-12-21T07:26:29+00:00December 21st, 2016|

21 December 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce it has entered into a binding term sheet (the “Term Sheet”) with Sanderson Capital Partners Limited (“Sanderson”) for a new USD2,940,000 forward payment facility (the “Facility”).

19 12, 2016

Kibo Finalizes and Awards EPC Contract for MCPP Power Plant to SEPCO III

2016-12-19T09:43:08+00:00December 19th, 2016|

19 December 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has awarded the EPC contract for the construction of the proposed Mbeya Coal to Power Project (“MCPP” or the “Project”) thermal power plant to SEPCO III. A

9 12, 2016

Issue of Kibo Shares to Geological Service Provider from Treasury Account

2016-12-09T07:35:18+00:00December 9th, 2016|

9th December 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today issued 218,221 Ordinary Shares (the “Fee Shares”) in the capital of the Company to G&T Exploration Services Ltd (“G&T”) from a Company held forfeited share treasury account (“Treasury Account”).

2 12, 2016

Update on Acquisition by Opera of the Imweru and Lubando Gold Projects

2016-12-02T07:06:21+00:00December 2nd, 2016|

02 December 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company announced on 23 September 2016 that a Heads of Terms had been agreed by Opera and the Company, for Opera to acquire the Imweru and Lubando gold projects from Kibo Mining Plc (“the

30 11, 2016

Kibo Completes Integrated Financial Model for Mbeya Coal to Power Project

2016-11-30T07:01:50+00:00November 30th, 2016|

30 November 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that it has received an advanced draft of the integrated financial model for the Mbeya Coal to Power Project (“MCPP”) from its financial advisors ABSA/Barclays.

21 11, 2016

Kibo Signs Collaboration Agreement with GE Electric International Inc.

2016-11-21T07:02:31+00:00November 21st, 2016|

21 November 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Collaboration Agreement (the “Agreement”) with General Electric International Inc (“GE”), with respect to the development of the Mbeya Coal to Power Project (“MCPP” or

1 11, 2016

Kibo Receives Final Commercial Bids for the Mbeya Coal to Power Project

2016-11-01T07:03:37+00:00November 1st, 2016|

01 November 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that the final commercial bids for the Mbeya Coal to Power Project (“MCPP”) EPC contract and OEM contract were received on 31 October 2016. The Company has also submitted

13 10, 2016

Kibo Agrees Development Costs for MCPP and Balance of Funds Refundable to Company

2016-10-13T06:03:51+00:00October 13th, 2016|

13 October 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that it has reached agreement with SEPCO III on the total direct development cost related to the MCPP (“Mbeya Coal to Power Project”). (See RNS dated 25 August 2016).

23 09, 2016

Kibo Extends Date to Finalize Agreement for Balance of Refund Payment due on MCPP Development Costs

2016-09-23T07:02:16+00:00September 23rd, 2016|

23 September 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, has today agreed to extend the deadline on which SEPCO III and Kibo had intended to reach agreement with regard to the final amount still due for payment with regard to the MCPP

23 09, 2016

Kibo Signs Heads of Agreement with Opera Investments

2016-09-23T06:46:38+00:00September 23rd, 2016|

23 September 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Heads of Agreement (the “HoA”) with LSE Main Market listed Opera Investment PLC (“Opera”) (Kibo and Opera together the “parties”) for the sale of

22 09, 2016

Kibo Signs Financial Advisory Mandate Letter with ABSA / Barclays

2016-09-22T06:06:06+00:00September 22nd, 2016|

22 September 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that it has signed an advisory engagement letter (the “Mandate”) with Absa Bank Limited / Barclays Bank Limited (the “Advisor”) laying out the scope of work and terms under

16 09, 2016

Kibo Signs Memorandum of Understanding with GE International Inc.

2016-09-16T06:16:47+00:00September 16th, 2016|

16 September 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with General Electric International Inc (“GE”), with respect to the development of the Mbeya Coal to Power Project (“MCPP” or

8 09, 2016

Transfer of Kibo Shares to Sanderson from Company’s Treasury Account

2016-09-08T09:39:54+00:00September 8th, 2016|

8th September 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today issued 2,712,477 Ordinary Shares (the “Conversion Shares”) in the capital of the Company to Sanderson Capital Partners Limited (“Sanderson”) from a Company held forfeited share treasury account (“Treasury Account”).

1 09, 2016

Kibo Announces Re-Negotiated Terms for Settling Sanderson Loan Facility

2016-09-01T06:02:18+00:00September 1st, 2016|

1 September 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has re-negotiated terms for the payback of the loan facility (the “Facility”) of GBP1,500,000 provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of

25 08, 2016

Kibo Signs New Agreement with SEPCO III

2016-08-25T06:04:13+00:00August 25th, 2016|

25 August 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company, is pleased to announce that it has signed a new Agreement (the “Agreement”) with major international China based EPC contractor, SEPCO III.

17 08, 2016

Kibo Signs Letter of Engagement with global law firm Norton Rose Fulbright

2016-08-17T07:03:33+00:00August 17th, 2016|

17 August 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed an Engagement Letter (the “Letter”) with global law firm Norton Rose Fulbright to provide it with legal services in regard to the development of its

10 08, 2016

Share Issue

2016-08-10T12:01:58+00:00August 10th, 2016|

10 August 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to make the fifth drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced in the Company’s

10 08, 2016

Kibo signs Definitive Agreement with Lake Victoria Gold Ltd for the Consolidation of the Imweru & Imwelo Gold Projects

2016-08-10T06:03:52+00:00August 10th, 2016|

10 August 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Share Purchase Agreement (the “Agreement”) to effect the consolidation of the Imweru and Imwelo gold projects.

3 08, 2016

MCPP and Imweru Gold Project Interim Update

2016-08-03T07:01:55+00:00August 3rd, 2016|

03 August 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company provides an interim update on progress at the Company’s Mbeya Coal to Power Project (“MCPP”) and the Imweru gold project.

22 07, 2016

Kibo Reaches Net Smelter Royalty Agreement with Acacia at Imweru and Lubando

2016-07-22T06:03:49+00:00July 22nd, 2016|

22 July 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce it has reached an agreement (“the Agreement”) with Acacia Mining plc, (“Acacia”) for the conversion of Acacia’s residual equity interests in the Imweru and Lubando Projects to a 2%

21 07, 2016

Results of Annual General Meeting

2016-07-21T11:49:28+00:00July 21st, 2016|

21 July 2016 Shareholders are advised that the Annual General Meeting of Kibo Mining plc (“Kibo”) held today was attended in person and by proxy by shareholders holding approximately 6.6% of the shares in Kibo (354,632,316 issued and outstanding).

20 07, 2016

MCPP: O&M Expression of Interest for Mbeya Power Plant

2016-07-20T06:03:24+00:00July 20th, 2016|

20 July 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce another milestone in the progress of the Mbeya Coal to Power Project (“MCPP”) following the finalization of an Expression of Interest process, focused on developing the Operations and Maintenance

5 07, 2016

Imweru Gold Project Update

2016-07-05T06:08:34+00:00July 5th, 2016|

05 July 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company provides a further update to its announcement on June 2 on the Memorandum of Understanding (“MOU”) signed with Lake Victoria Gold LTD (“Lake Victoria”) to consolidate the companies’ respective Imweru and Imwelo gold

1 07, 2016

Share Issue

2016-07-01T09:35:23+00:00July 1st, 2016|

1 July 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to make the fourth drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced in the Company’s

21 06, 2016

Mbeya Coal to Power Project Update

2016-06-21T07:14:53+00:00June 21st, 2016|

21 June 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to update shareholders on the latest progress with regard to the main work streams on the Mbeya Coal to Power Project (“MCPP”) Integrated Bankable Feasibility Study (“IBFS”).

14 06, 2016

Notice of AGM and Condensed Consolidated Annual Financial Statement of for the year ended 31 December 2015

2016-06-14T08:56:23+00:00June 14th, 2016|

14 June 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the mineral exploration and development company focused on gold, nickel, coal and uranium projects in Tanzania, is pleased to announce that its full audited financial results for the year ended 31 December 2015 are now available on its website as part

3 06, 2016

Mbeya Coal to Power Project Commences with Formal EPC Bid Process for Mbeya Power Plant and Mbeya Coal Mine

2016-06-03T07:02:13+00:00June 3rd, 2016|

03 June 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce that feasibility work on the Mbeya Coal to Power Project (“MCPP”) has now advanced to a level where the Company can commence with the formal EPC-bid process for both

2 06, 2016

Kibo Signs MOU with Lake Victoria Gold LTD to Fast Track Development of the Imweru Gold Project

2016-06-02T06:03:19+00:00June 2nd, 2016|

02 June 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with Lake Victoria Gold LTD (“Lake Victoria”) to consolidate the companies’ respective Imweru and Imwelo gold projects.

31 05, 2016

Share Issue

2016-05-31T08:11:36+00:00May 31st, 2016|

31 May 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today issued 433,835 new Ordinary Kibo shares of €0.015 par value each in the capital of the Company (the “Settlement Shares”) to service providers in settlement of invoices. 321,457 of the Settlement

20 05, 2016

Share Issue

2016-05-20T09:02:40+00:00May 20th, 2016|

20 May 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to make the third drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced on the Company’s

19 05, 2016

Mbeya Coal to Power Project Successfully Completes Phase 1 of Environmental and Social Impact Study

2016-05-19T07:03:35+00:00May 19th, 2016|

19 May 2016  Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company is pleased to announce that Phase 1 of the Mbeya Coal to Power Project (“MCPP”) Environmental and Social Impact Assessment (“ESIA”) was successfully completed upon receiving notice from the Tanzanian Government that the

4 05, 2016

Results for Power Definitive Feasibility Study – Mbeya Coal to Power Project

2016-05-04T07:27:05+00:00May 4th, 2016|

04 May 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce results from the Power Definitive Feasibility Study (“PDFS”) for the Mbeya Coal to Power Project (“MCPP”). This announcement should be read in conjunction with previous RNS statements dated 18

22 04, 2016

Kibo to Exhibit at UK Investor Show on 30th April 2016 in London

2016-04-22T07:42:14+00:00April 22nd, 2016|

22 April 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company is pleased to confirm that it will be exhibiting and presenting at the UK Investor Show being held at the Queen Elizabeth II Conference Centre in London, on Saturday 30th April 2016 (9

12 04, 2016

Share Issue

2016-04-12T15:03:53+00:00April 12th, 2016|

12 April 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to make the second drawdown of the loan facility (the “Facility”) provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced on the Company’s

11 04, 2016

Mbeya Coal to Power Project (MCPP): Restatement of the Mbeya Coal Resource Completed

2016-04-11T07:17:25+00:00April 11th, 2016|

11 April 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce that the restatement of the Mbeya coal resource has now been completed. This represents another key milestone as the MCPP approaches the final stages of its development ahead of

1 04, 2016

Mbeya Coal to Power Project: Definitive Power Feasibility Study Work Completed

2016-04-01T07:43:43+00:00April 1st, 2016|

01 April 2016  Mbeya Coal to Power Project: Definitive Power Feasibility Study Work Completed Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce that the Mbeya Coal to Power Project (“MCPP”), Definitive Power Feasibility Study (“DPFS”) work has been completed on

24 03, 2016

Updated Company Presentation and Web integration of MCPP Process Graphic

2016-03-24T08:12:34+00:00March 24th, 2016|

24 March 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company is pleased to inform shareholders that it has uploaded an updated company presentation to its website. It has now also fully web integrated its previously announced interactive process description and timeline for the

4 03, 2016

Mbeya Coal to Power Project: Response to Market Speculation

2016-03-04T12:40:48+00:00March 4th, 2016|

04 March 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, notes recent speculation relating to the Company’s announcements released this week (RNSs dated 2nd and 3rd March 2016) regarding the Mbeya Coal to Power Project (“MCPP” or “the Project”).

3 03, 2016

Share Issue

2016-03-03T11:18:56+00:00March 3rd, 2016|

03 March 2016  Share Issue Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company has today elected to activate the loan facility (the “Facility”) recently provided to the Company by Sanderson Capital Partners Limited (“Sanderson”), the details of which were announced on the Company’s RNS

2 03, 2016

Kibo Mining Agrees Unsecured, Interest Free Loan Facility of £1, 500,000 Ensuring Adequate Funding Security In The Medium Term

2016-03-02T12:33:14+00:00March 2nd, 2016|

  02 March 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce it has today entered into a loan facility (the “Facility”) with Sanderson Capital Partners Limited (“Sanderson”) for an amount up to £1,500,000 to be utilised by Kibo, at

17 02, 2016

Mbeya Coal to Power Project: Special Analysis Test Results Provides Further Impetus to Definitive Feasibility Study

2016-02-17T09:05:30+00:00February 17th, 2016|

17 February 2016  Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company is pleased to announce the special analysis (specific metallurgical tests) test results on the Mbeya coal resource of the Mbeya Coal to Power Project (“MCPP”).

8 02, 2016

Mbeya Coal to Power Project: Critical Next Step of Integrated Feasibility Study Completed

2016-02-08T08:02:38+00:00February 8th, 2016|

08 February 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce that Phase 1 of the Mbeya Coal to Power Project (“MCPP”), Integrated Bankable Feasibility Study (“IBFS”), has been successfully completed.

29 01, 2016

Share Issue

2016-01-29T09:03:02+00:00January 29th, 2016|

29 January 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development Company has today issued 9,000,000 Ordinary Shares (the “Shares”) of €0.015 each in the capital of the Company at a price of 4.7p to Sanderson Capital Partners Limited (“Sanderson”) for a total value of

28 01, 2016

Kibo Receives Proceeds from Hume Placing and Secures New Favorable Settlement Terms in Re-Negotiated Sanderson Loan Agreement

2016-01-28T07:04:33+00:00January 28th, 2016|

28 January 2016 Kibo Mining Plc (“Kibo” or the “Company”) (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce that the Company has now received the amount of £522, 800 from the delayed receipt of final proceeds from its February 2015 placing with Hume Capital Securities plc (“Hume

20 01, 2016

Mbeya Definitive Mining Feasibility Study: Results from Geotechnical Drill Programme Received

2016-01-20T07:01:57+00:00January 20th, 2016|

20 January 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce the results from Phase 1 of Stage 2 of the Mbeya Definitive Mining Feasibility Study (MDMFS). This is a critical work stream of the final stage of the broader

13 01, 2016

Mbeya Coal to Power Project – Kibo consolidates Mbeya Coal Deposit

2016-01-13T07:11:26+00:00January 13th, 2016|

13 January 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce that three new Prospecting Licences (“PLs”) were issued to its wholly owned subsidiary Rukwa Coal Limited. These newly issued PLs are contiguous with its existing PL block in southern

11 01, 2016

MCPP – Finalizing Memorandum of Understanding with TANESCO on Power Purchase Agreement

2016-01-11T07:05:08+00:00January 11th, 2016|

11 January 2016 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce that it is busy finalizing a Memorandum of Understanding (“MOU”) with Tanzania Electric Supply Company Limited (“TANESCO”), on a Power Purchase Agreement (“PPA”) for the Mbeya Coal to Power

AIM Share Price
(Ticker: KIBO)
0.40p Change -0.01p
at 01:33 PM on 14 Nov 2019

JSE Share Price
(Ticker: KBO)
12.00c Change +0.00c
at close on 13 Nov 2019

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