25 February 2016
Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company continues to attract strong Tanzanian government support for the Mbeya Coal To Power Project (MCPP).
This follows a successful meeting between Kibo CEO Louis Coetzee and Tanzania’s Minister of Energy and Minerals (“MEM”), Hon. Professor Sospeter Muhongo, and his team.
The meeting took place last week, on request of the Minister and updated the MEM on progress with the MCPP. Attendees of the meeting included the National Development Corporation (NDC), State Mining Corporation (STAMICO), Tanzania Electrical Supply Company Ltd (TANESCO) and senior staff from the MEM.
Louis Coetzee, CEO of Kibo Mining, said: “My latest meeting with the Hon. Professor Sospeter Muhongo and his team was pivotal in the ongoing development of the Mbeya project. As progress on the overall feasibility work for the project continues at pace, it is highly encouraging to receive continued support from the Tanzanian government.
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