Kibo to implement diversified production strategy for Mbeya

Dual-listed Kibo Mining is adopting a diversified production strategy for the Mbeya coal mine, in Tanzania, which could potentially result in production starting earlier than planned. This followed a “careful study” of the Mbeya coal-to-power project (MCPP) integrated bankable feasibility study (IBFS), which showed the move to be feasible and as having the potential to significantly enhance the economics of the Mbeya coal mine.