JOHANNESBURG (miningweekly.com) – Aim- and AltX-listed Kibo Mining has been awarded the General Electric (GE) Innovative Project Development Deal of the Year 2017 for its Mbeya coal-to-power project, in Tanzania.
The award was presented to the company in New York on Thursday.
“With innovation, we have been able to improve the economic viability of the project, which is crucial to Tanzania’s energy dynamic,” said Kibo CEO Louis Coetzee in a statement published Friday.
He added that the Tanzania-focused mineral exploration and development company was receiving strong endorsements from the corporate, financial and political arenas as it worked to deliver an “exceptional project”.