A Clear Strategy for Value

Kibo Mining plc (“Kibo” or the “Company”) is a Tanzania-based minerals exploration and development company, focused on realising value from the Rukwa Coal to Power Project (RCPP) and the Imweru gold project, as well as holding one of the largest exploration land packages in the country with assets spanning coal, gold, uranium and nickel-platinum group metals.

Kibo’s strategy for Rukwa is closely aligned with the interests of the Tanzanian government, which has an urgent requirement for new sources of power to support its rapid growth. We will leverage our expertise and existing stakeholder relationships – technical, financial and governmental – to advance Rukwa through to production and power generation. Important steps on this development path were realised during 2014 with the  commencement of a Definitive Feasibility Study (DFS)  on the project and the completion of preliminary DFS  technical and financial reports, the results from which were very favourable to a successful development.

The Imweru gold project is the most advanced project within the Company’s regional Lake Victoria Project mineral licence portfolio located in this proven gold prospective region of northern Tanzania where a number of operating gold mines are in production. Imweru comprises a 550,000 oz JORC-compliant gold  Mineral Resource on which  Kibo has begun a Definitive Mining Feasibility Study (DMFS). The first stage of this DMFS, a Preliminary Economic Assessment (“PEA”)  was completed in December 2014 by  mining consultants, Minxcon of South Africa. The results of the PEA have provided independent preliminary confirmation of the  economic feasibility of developing a  gold mine at Imweru from the current Mineral Resource and of further extending the base case  mine life by delineation of additional gold resources for which excellent potential exists. The Company is now on a development path to put Imweru into production and realize early cash flow for which the results of  high level economic modelling to date have been very positive.

Kibo’s diversified asset portfolio gives investors exposure to short-term, medium-term and long-term returns and provides the Company with options in terms of developing assets internally, joint-venturing or realising value through asset disposals on attractive terms.



Target: Coal
Location: Tanzania
Region: Mbeya
Total Area: 2,800 sq/km
Resource: 109 Mt

find more >

Target: Gold
Location: Tanzania
Region: Mwanza
Total Area: 1,800 sq/km
Resource: ~700,000 oz. Gold (Imweru & Lubando projects)

find more >

Target: Gold & Nickel
Location: Tanzania
Region: Dodoma
Total Area: 29 tenements covering an area of 6,168 km2

find more >

Target: Gold
Location: Tanzania
Region: Morogoro & Dodoma
Total Area: 3,343 sq/km
Resource: early stage

find more >

Target: Uranium & Coal
Location: Tanzania
Region: Mbeya, Iringa, Mbeya & Ruvuma
Total Area: ~ 9,000 sq/km
Resource: early stage

find more >

Location Map

AIM Share Price
(Ticker: KIBO)
4.38p Change -0.12p
at 10:25am on 31 Mar 2015

JSE Share Price
(Ticker: KBO)
108.00c Change +8.00c
at 11:25am on 31 Mar 2015

Subscribe to Kibo Mining plc E-mail Alerts!

To ensure that you stay updated about developments at our projects, we would encourage that you register for our e-mail alerts.

If you wish to be updated, please click HERE and subscribe.