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ABM to buy 35% stake in Katoro's Haneti project

By: Creamer Media Reporter      15th May 2019 Aim-listed Katoro Gold has entered into an investment and option agreement with fellow Aim-listed African Battery Minerals (ABM) that will result in ABM acquiring up to 35% of Katoro's Haneti nickel project, in Tanzania, for £125 000. Under the terms of the agreement, ABM will acquire, in... 

Kibo presents power station DFS to Mozambique govt 

By: Creamer Media Reporter      9th May 2019 Johannesburg- and London-listed Kibo Energy’s Benga power plant project, in Mozambique, is advancing “well ahead” of its development schedule, CEO Louis Coetzee said on Thursday, reporting that the definitive feasibility study for the coal-fired power station had been presented to the Energy... 

Tanesco gives Kibo green light to develop MCPP

By: Marleny Arnoldi     29th April 2019 Aim- and JSE-listed Kibo Energy has received formal notice from the Tanzania Electric Supply Company to develop the Mbeya coal-to-power project for the export market. This enables the company to engage with African power pools regarding offtake agreements.  

Kibo appoints Wimmer as adviser for African project financing

By: Tasneem Bulbulia     17th April 2019 Kibo Energy has signed a corporate finance engagement letter with Wimmer Financial, which will advise Kibo on and manage all aspects related to the structuring and provision of a project finance corporate credit line facility of up to $900-million which could form part of a broader funding... 

Kibo, Sepco III still discussing finalisation of SDA for Mbeya project

By: Tasneem Bulbulia     3rd April 2019 Dual-listed Kibo Energy on Wednesday said a final decision regarding a strategic development agreement (SDA) with China-based Sepco III at the Mbeya coal-to-power project (MCPP), in Tanzania, has not been made and that discussions are ongoing. As previously reported by Mining Weekly Online, Kibo... 

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