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Kibo progresses Mbeya definitive mining feasibility study

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World Coal,

Kibo Mining has completed Phase 1 of the Mbeya definitive mining feasibility study (MDMFS), according to a company press release. The MDMFS forms part of the final stage of the mining feasibility study for the Mbeya coal-to-power project (MCPP), which Kibo is developing in Tanzania.

Key highlights of the study include an 820 m diamond core drill programme to confirm slope angles of pit design, a metallurgical sampling programme to verify specific coal properties and obtaining additional data from the drill programme to enable restatement of the Mbeya coal resouce during phase two of the MDMFS.

“The MCPP, an as integrated project, is persistently growing in stature,” said Louis Coetzee, CEO of Kibo Mining. “This is best reflected in the continued progress we are making towards concluding the critical commercial arrangements on the MCPP to ensure optimal value creation and realisation of the company’s flagship asset.”

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