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Kibo reviewing proposed legislative change to Tanzania mining act

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World Coal,

Kibo Mining, the Tanzania focused mineral exploration and development company, has noted the submission of proposed legislation to the Tanzanian Parliament, which recommends material changes to the legal framework concerning the natural resources sector in Tanzania.

Kibo is currently reviewing the proposed legislation and has reported it will continue to monitor the situation closely. The company has indicated it will provide an update to the market when appropriate.

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