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Definitive power feasibility study work completed at the Mbeya coal project

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World Coal,

Tanzania focussed mineral exploration and development company, Kibo Mining, has announced that the definitive power feasibility study (DPFS) work has been completed on schedule at the Mbeya coal to power project (MCPP). The DPFS report is now subject to a review process. The findings of the DPFS will be announced on completion of the review.

Louis Coetzee, CEO of Kibo Mining, commented: “We are very pleased with the overall progress on the MCPP and in particular with the timely completion of work on the DPFS. The professional and committed way in which Tractebel has conducted the DPFS to date has been critical to delivering the DPFS work to the highest standard and within a challenging timeframe. Results from the DPFS can only be announced once the review process has been completed, but we can at this stage state that all the DPFS outcomes to date have been well within our expectations.”

Coetzee concluded: “We remain on schedule with all other parallel and interdependent MCPP work streams as per the recently published MCPP Timeline & Description.”

Edited from press release by Harleigh Hobbs

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