Kibo awaits MCPP Esia certification

Dual-listed Kibo Mining has completed the environmental- and social-impact assessment (Esia) for its Mbeya coal-to-power project (MCPP), in Tanzania, and is now awaiting certification. CEO Louis Coetzee on Wednesday said the completion of the Esia work marked another major step forward in the development of the MCPP, which had now reached an advanced stage of development.   The company, meanwhile, remained in ongoing consultation with the Tanzanian government and State-owned entities, including the Ministry of Energy and Minerals (MEM) and the Tanzania Electric Supply Company (Tanesco), regarding a power purchase agreement (PPA).