{"id":5383,"date":"2015-08-12T06:10:47","date_gmt":"2015-08-12T06:10:47","guid":{"rendered":"https:\/\/kibo.energy\/?p=5383"},"modified":"2015-08-12T06:10:47","modified_gmt":"2015-08-12T06:10:47","slug":"rukwa-definitive-mining-feasibility-study-phase-2-stage-1-pre-feasibility-study-final-report-findings","status":"publish","type":"post","link":"https:\/\/kibo.energy\/index.php\/rukwa-definitive-mining-feasibility-study-phase-2-stage-1-pre-feasibility-study-final-report-findings\/","title":{"rendered":"Rukwa Definitive Mining Feasibility Study \u2013 Phase 2, Stage 1 &#8211; Pre-Feasibility Study,  Final Report Findings"},"content":{"rendered":"<p>12 August 2015<\/p>\n<p>Kibo Mining plc (&#8220;Kibo&#8221; or the &#8220;Company&#8221;) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce the findings from Phase 2, Stage 1, \u00a0Mining Pre-Feasibility Study (\u201cMPFS\u201d), of the Company commissioned Definitive Mining Feasibility Study (DMFS), concerning the mining element of the Mbeya Coal to Power Project (MCPP).<br \/>\n<!--more--><\/p>\n<p><strong>Key highlights<\/strong><\/p>\n<ul>\n<li>Selected mining method &#8211; modified terrace mining method, with over burden removal by means of a free dig (truck and shovel) method, and coal seam and inter burden mining by means of mechanised continuous surface mining method.<\/li>\n<\/ul>\n<ul>\n<li>Limited processing in the form of destoning of product required.<\/li>\n<\/ul>\n<ul>\n<li>River diversion as identified in the Concept Study proven unnecessary in Pre \u2013 Feasibility Pit Optimization.<\/li>\n<\/ul>\n<ul>\n<li>Four alternative mining options for the selected mining method identified, with the Project financially feasible for all of the options investigated;<\/li>\n<\/ul>\n<ul>\n<li>Annual estimated coal sale revenues of between US$48.4million and US$48.6million;<\/li>\n<\/ul>\n<ul>\n<li>All-in cost margin ranges from 49% to 62%. Applying the aforementioned all-in cost margin, Kibo interprets that an annual profit margin of between US$24 million to $27 million will be generated;<\/li>\n<\/ul>\n<ul>\n<li>Applying a real discount rate of 5.5% the best estimated Net Present Value ranges from US$211million to US$244million.<\/li>\n<\/ul>\n<ul>\n<li>Internal Rate of Return (IRR) ranging between 33.6% and 53.9%<\/li>\n<\/ul>\n<ul>\n<li>Return on Investment (ROI) ranging between 595% and 903%<\/li>\n<\/ul>\n<ul>\n<li>Payback Period ranging between 2.6 \u2013 3.65 years<\/li>\n<\/ul>\n<h5>Download Full Report<\/h5>\n<p>[ott_teaser btn_text=&#8221;Download&#8221; btn_icon=&#8221;icon-right-big&#8221; btn_url=&#8221;https:\/\/kibo.energy\/wp-content\/uploads\/Final-RNS_Rukwa-DMFS_P2-S1-Report-Findings_V3.2_10082015.pdf&#8221; btn_target=&#8221;_blank&#8221;]Rukwa Definitive Mining Feasibility Study \u2013 Phase 2, Stage 1 &#8211; Pre-Feasibility Study,Final Report Findings[\/ott_teaser]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>12 August 2015 Kibo Mining plc (&#8220;Kibo&#8221; or the &#8220;Company&#8221;) (AIM: KIBO; AltX: KBO), the Tanzania focussed mineral exploration and development company, is pleased to announce the findings from Phase 2, Stage 1, \u00a0Mining Pre-Feasibility Study (\u201cMPFS\u201d), of the Company commissioned Definitive Mining Feasibility Study (DMFS), concerning the mining element of the Mbeya Coal to<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[47],"tags":[],"class_list":["post-5383","post","type-post","status-publish","format-standard","hentry","category-news"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts\/5383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/comments?post=5383"}],"version-history":[{"count":4,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts\/5383\/revisions"}],"predecessor-version":[{"id":5388,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/posts\/5383\/revisions\/5388"}],"wp:attachment":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/media?parent=5383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/categories?post=5383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/tags?post=5383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}