Yearly Archives: 2018

16 10, 2018

New Website Launch

2018-10-16T06:03:35+00:00October 16th, 2018|

16 October 2018 Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused energy company, is pleased to announce that it has today launched its new website at www.kibo.energy. This website reflects our recent change of name and our change in business focus to a dedicated diversified energy company with projects across Africa and

18 09, 2018

Update on MCPP in Tanzania

2018-09-24T16:05:34+00:00September 18th, 2018|

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused, energy company, notes the announcement by the Tanzania Electricity Supply Company (“TANESCO”) regarding the development of Independent Power Projects in Tanzania and the initiation of a tender process for superior coal technology and integrated gasification combined cycle power plants.

29 08, 2018

Strategic Collaboration Agreement with General Electric To Develop Energy Projects

2018-09-24T16:11:00+00:00August 29th, 2018|

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused, energy company, is pleased to announce that it has signed a new expanded Collaboration Agreement with USA based General Electric (‘GE’), one of the world’s leading industrial technology companies, to work with Kibo towards the development of its portfolio of energy projects in Tanzania,

15 08, 2018

Acquisition of 60% Interest in UK Project Development Company

2018-09-24T16:12:22+00:00August 15th, 2018|

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused, energy company, is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) for the acquisition (“the Acquisition”) of a 60% equity interest in Mast Energy Developments (“MED”), a private UK registered company targeting the development and operation of flexible power plants

6 08, 2018

Completion of Second School Support Project

2018-09-24T16:13:52+00:00August 6th, 2018|

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused, energy company, is pleased to announce that it has completed the second phase of the school building and upgrade programme at the villages of Mheza and Namkukwe.

3 08, 2018

Change of Name

2018-09-24T16:14:48+00:00August 3rd, 2018|

Kibo Energy PLC (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that the change of name to Kibo Energy PLC has become effective immediately on the AIM and the name change will follow the below timetable on the JSE.

30 07, 2018

Results of AGM and Repositioning

2018-09-24T16:15:34+00:00July 30th, 2018|

Kibo Mining PLC (AIM: KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that all resolutions were duly passed at its Annual General Meeting (“AGM”) held today. The AGM was attended in person and by proxy by shareholders holding approximately 38% of the shares in Kibo (624,792,973 shares  issued and  outstanding at the

30 07, 2018

Details of Equity Placing

2018-09-24T16:18:19+00:00July 30th, 2018|

Kibo Mining PLC (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that it has received commitments from an Irish based Investment Fund to raise £500,000 via a placing of 9,523,810 ordinary shares in Kibo of par value. €0.015 each (‘New Ordinary Shares’) at a placing price of 5.25p per share (the ‘Placing’).

27 07, 2018

Updated Corporate Presentation and Change of Advisor

2018-09-24T16:20:13+00:00July 27th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that an updated corporate presentation for the Company is now available to view on Kibo’s website. To access the presentation please copy and paste the following link to your web browser: www.kibo.energy The Company is also pleased to announce that effective

19 07, 2018

Mbeya Special Mining Licence Update

2018-09-24T16:21:28+00:00July 19th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that the Mining Commission, a constituent of the Tanzanian Ministry of Mines (“MoM”) responsible for the issuance of new mining licences, is ready to consider Kibo’s application for a Special Mining License (‘SML’) for the Mbeya Coal to Power Project (‘MCPP’)

3 07, 2018

Strategic Development Agreement with SEPCOIII, To Develop Energy Projects

2018-09-24T16:24:14+00:00July 3rd, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that it has signed a Strategic Development Agreement (‘SDA’) with China based SEPCOIII (‘SEPCOIII’), one of the world’s largest power EPC contractors, to work with Kibo towards enhancing its strategy and the development of its portfolio of energy projects. As part

29 06, 2018

MBEYA COAL TO POWER PROJECT POWER PURCHASE AGREEMENT UPDATE

2018-09-24T16:25:29+00:00June 29th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy and resource company, is pleased to announce that, having submitted a reformatted Integrated Bankable Feasibility Study (‘IBFS’), it has, in accordance with the agreed amended PPA-process, reached the final phase of discussions regarding the Power Purchase Agreement (‘PPA’) for the Mbeya Coal to Power Project (‘MCPP’)

29 06, 2018

Press Speculation

2018-09-24T16:27:05+00:00June 29th, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, announces that, contrary to press speculation, its engagement with the Tanzania Electric Supply Company (‘TANESCO’) with regard to the development of the Mbeya Coal to Power Project (‘MCPP’) remains unchanged and the Company is continuing to advance its discussions with TANESCO

28 06, 2018

Benga JV Finalised and Feasibility Study Commences on Mozambique Power Project

2018-09-24T17:17:38+00:00June 28th, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa focused energy and resource company, is pleased to announce, further to the RNS of 6 June 2018, that it has finalised the Joint Venture Agreement (‘JV’) with Mozambique energy company Termoeléctrica de Benga S.A. (‘Termoeléctrica’) regarding the development of the Benga Independent Power Project (‘Benga’,

22 06, 2018

Vox Markets Podcast

2018-09-24T17:21:05+00:00June 22nd, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa focussed energy and resource company is pleased to announce that Kibo’s CEO, Louis Coetzee, is appearing on the Vox Market Podcast today. Mr Coetzee will provide an update about recent developments including the sale of the Haneti Nickel project (announced 22 June 2018) and the

22 06, 2018

Sale of Haneti Nickel Project

2018-09-24T17:22:14+00:00June 22nd, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset Africa focused energy and resource company is pleased to announce that its wholly owned subsidiary Kibo Mining (Cyprus) Ltd (the ‘Seller’) has sold Kibo Nickel Limited (‘Kibo Nickel’) to Katoro Gold Ltd (‘Katoro’) in an all share transaction (‘the Sale’). This is in line with Kibo’s strategy of

21 06, 2018

Maiden SAMREC-Compliant Coal Resource Statement for Mabesekwa

2018-09-24T17:24:32+00:00June 21st, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa focused energy and resource company, is pleased to announce an update on its 85% controlled Mabesekwa Coal Independent Power Project (‘MCIPP’ or the ‘Project’) in Botswana, which it is developing with Botswana listed energy company Shumba Energy Limited (“Shumba”).

6 06, 2018

Power JV in Mozambique Delivers Further on Strategy to Develop Regional Energy Group

2018-09-24T17:30:43+00:00June 6th, 2018|

Kibo Mining Plc (AIM: KIBO; AltX: KBO), the multi-asset Africa focused energy and resource company, is pleased to announce that it has signed a Joint Venture Agreement (the ‘Benga Power Joint Venture’ or ‘JV’) with Mozambique energy company Termoeléctrica de Benga S.A. (‘Termoeléctrica’) to participate in the further assessment and potential development of the Benga

21 05, 2018

Final Lot of Engineering, Procurement and Construction Contract Signed on MCPP

2018-09-24T17:32:09+00:00May 21st, 2018|

Kibo Mining plc (‘Kibo’ or the ‘Company’) (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that the Company has awarded Sepco III, Kibo’s Chinese development partner, the second lot of the Engineering, Procurement and Construction (“EPC”) (Power) contract involving the construction of the Power Line that will evacuate

17 05, 2018

Change of South African Share Registrar

2018-09-24T17:35:54+00:00May 17th, 2018|

Kibo Mining plc (‘Kibo’ or the ‘Company’) (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company is pleased to announce that effective from 7 a.m. Friday 1st June 2018, its new Share Registrar (Transfer Secretary) in South Africa will be: Link Market Services South Africa (Pty) Ltd 13th Floor, 19 Ameshoff Street Braamfontein Postal Address:

2 05, 2018

Partial Settlement of Sanderson Capital Partners Ltd Facility and Board of Directors Change

2018-09-24T17:37:15+00:00May 2nd, 2018|

Kibo Mining plc (‘Kibo’ or the ‘Company’) (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, has today issued 8,370,716 new ordinary Kibo shares (the ‘Conversion Shares’) of par value €0.015 each to Sanderson Capital Partners Limited (‘Sanderson’) as a partial settlement on the balance of funds drawn down under the forward payment

24 04, 2018

Kibo Mining Re-positions as an African Energy Company

2018-10-08T08:50:52+00:00April 24th, 2018|

KIBO  Energy: Kibo Mining Re-positions as an African Energy Company [Mining Review Africa- 24 April 2018 – Johannesburg https://www.miningreview.com/kibo-mining-repositions-african-energy-company/] AIM and AltX-listed energy development company Kibo Mining has repositioned itself as an emerging strategic regional electricity supplier on the back of its flagship Mbeya coal to power project in Tanzania.

17 04, 2018

Update on the UK Investor Show

2018-09-24T17:38:44+00:00April 17th, 2018|

Kibo Mining plc (‘Kibo’ or the ‘Company’) (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company remains engaged with Tanzania Electric Supply Company (‘TANESCO’) in the ongoing process for the Power Purchase Agreement (‘PPA’) on the Company’s Mbeya Coal to Power Project (‘MCPP’). Due to the critical importance and extent of these ongoing

10 04, 2018

Details of Placing, Changes to the Roles of Directors and Appointment of Joint Broker

2018-09-24T17:39:58+00:00April 10th, 2018|

Kibo Mining plc (‘Kibo’ or the ‘Company’) (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that it has received commitments to raise £1,500,000 before expenses via a placing of 28,571,428 ordinary shares in Kibo of par value. €0.015 each (‘New Ordinary Shares’) at a placing price of 5.25p per

5 04, 2018

Correction on Broker Information

2018-09-24T20:12:33+00:00April 5th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset Africa-focused energy and resource company, wishes to apologize for providing the incorrect broker information in the RNS dated 05 April 2018 released earlier today.

5 04, 2018

MCPP Purchase Agreement Update

2018-09-24T20:13:54+00:00April 5th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that the Company has received confirmation from the Tanzania Electric Supply Company (‘TANESCO’) today that a work session for the full Power Purchase Agreement (‘PPA’) task team, has been convened for Tuesday 10 April 2018.

21 03, 2018

Tanzanian Government Prioritises Private Sector

2018-09-24T20:19:45+00:00March 21st, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Tanzania focused energy and resource company, notes recent comment in the press regarding the Tanzanian President’s pledge to support the private sector at the 11th Tanzania National Business Council (‘TNBC’) meeting at the State House.

5 03, 2018

Appointment of new Broker and Update on Placement Proceeds

2018-09-24T20:22:06+00:00March 5th, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce a further update regarding Beaufort Securities Limited (“Beaufort”) and the Company placement for gross proceeds of £750,000 announced on 27 February 2018 (the “Placement”).

2 03, 2018

Update on Broker and Placement Proceeds

2018-09-24T20:23:06+00:00March 2nd, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, notes the announcement regarding Beaufort Securities Limited (“BSL”) and Beaufort Asset Clearing Services Limited (“BACSL”) being placed into insolvency. Additionally, the Company notes that the Financial Conduct Authority (“FCA”) has also imposed requirements on BSL and BACSL, with immediate effect, requiring

1 03, 2018

Correction to Kibo RNS dated 24 February 2017

2018-09-24T20:25:06+00:00March 1st, 2018|

The Company wishes to inform shareholders that the 10,000,000 warrants at an exercise price of 9p shown as outstanding to Metal Tiger plc in Kibo’s RNS of 24 February 2017 expire on 23 March 2018 and not on 25 February 2018 as stated in the RNS. The Company apologises for this typographical error.

1 03, 2018

New Corporate Presentation

2018-09-24T20:26:09+00:00March 1st, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that the Company’s new corporate presentation is now available to view on Kibo’s website. To access the presentation please copy and paste the following link to your web browser: http://kibo.energy/wp-content/uploads/Final RNS Reach New Presentation_V3.1_ 010318

27 02, 2018

Press Speculation

2018-09-24T20:27:13+00:00February 27th, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, announces that, contrary to press speculation, the company has not yet signed a PPA with Tanzania Electric Supply Company (‘TANESCO’), however it remains in advanced discussions with TANESCO and the Ministry of Energy (‘the Ministry’) regarding the Power Purchase Agreement (‘PPA’)

27 02, 2018

Placing to Raise £750,000

2018-09-24T20:28:44+00:00February 27th, 2018|

Kibo Mining plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that it has received commitments to raise £750,000 before expenses via a placing of 17,647,060 ordinary shares of par value Eur. 0.015 each (‘New Ordinary Shares’) at a placing price of 4.25p per New Ordinary Share (the

14 02, 2018

KIBO signs MOU with TANESCO on MCPP

2018-09-24T20:30:09+00:00February 14th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset Africa-focused energy and resource company, is pleased to announce that the Company signed a Memorandum of Understanding (‘MOU’) with the Tanzania Electric Supply Company (‘TANESCO’) today, for the Power Purchase Agreement (‘PPA’) of the Company’s flagship 300MW Mbeya Coal to Power Project (‘MCPP’). The MOU constitutes the precursor

5 02, 2018

MCPP – MOU Update

2018-09-24T20:31:11+00:00February 5th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset African focused energy and resource company, announces that following a month of close interaction and co-operation with the Tanzania Electric Supply Company (‘TANESCO’) and the Ministry of Energy ‘(the Ministry’), at both departmental as well as ministerial level, the Company CEO and COO arrived in Dar es Salaam

10 01, 2018

Mbeya Coal to Power Project MOU and PPA Update

2018-09-24T20:32:35+00:00January 10th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset, African focused energy and resource company, is pleased to announce an update on the Memorandum Of Understanding (‘MOU’) and Power Purchase Agreement (‘PPA’) for the Mbeya Coal to Power Project (‘MCPP’) following a productive meeting with the Tanzania Ministry for Energy (‘the Ministry’) and Tanzania Electric Supply Company

5 01, 2018

Mbeya Coal to Power Project MOU Update

2018-09-24T20:34:30+00:00January 5th, 2018|

Kibo Mining Plc (AIM:KIBO; AltX:KBO), the multi-asset African focused energy and resource company, is pleased to confirm that further to the meetings held with the Ministry of Energy (‘ME’) in late December 2017, the ME has called a meeting on Monday 8 January with Kibo and the Tanzania Electric Supply Company (‘TANESCO’) to finalise the

AIM Share Price
(Ticker: KIBO)
0.41p Change +0.00p
at close on 14 Nov 2019

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

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