Project Description

Key Facts

  • Project Type |Development of coal mine and associated 300 MW thermal power plant

  • Location | Central District, Botswana

  • Development Stage | Definitive Feasibility Study underway

  • Kibo’s Project Interest | 85%

  • Kibo’s Resource Interest| Kibo has 35% interest 761 Mt Coal Resource (Mabesekwa)

  • Major Partners & Contractors |Shumba Energy & SEPCOIII

  • Next Steps |

    1. Complete Definitive Feasibility Studies (Mine & Power Plant)
    2. Complete Integrated Bankable Feasibility Study (whole project)
    3. Complete final agreement with Shumba for development of second power station


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Project Details

  • The Mabesekwa Project is located approximately 40 km west of the village of Tonata and approximately 50 km south of Francistown, Botswana’s second largest city. Kibo envisages the Project as a coal-based integrated mine-mouth power plant, with potential for the incorporation of a solar component as part of the further studies to be conducted on the project by Kibo.
  • The power plant fuel source is envisaged to be drawn from the Mabesekwa Coal Resource, which has a total mineable in-situ SAMREC compliant Coal Resource of 761 million tonnes (266 Mt attributable to Kibo on a 35% basis).
  • After restructuring of the project, the Company will forthwith participate as a 35%-40% partner with Shumba for the development of a second 300 MW power with electricity output directed solely to a petrochemical plant being developed by Shumba and other parties.
Resource Category Mineable In-Situ Tonnes
(100% basis)
Mineable In-Situ Tonnes
(85% attributable)
% of Total
Measured 109.20 38.15 14.32
Indicated 494.70 173.14 65.00
Inferred 157.37 55.07 20.68
Total 761.09 266.36 100
  • With water and land use permits and environmental certification in place, as well as a PFS on the coal mine and scoping study on the power plant, a clear development path with deliverables that will increase the inherent value of the project and is visible and currently aligned with further progress by Shumba.