Sharenet Sites 
Sharenet Sites
Mbeya Coal to Power Project Successfully Completes Phase 1 of Environmental and Social Impact Study
Kibo Mining Plc (Incorporated in Ireland)
(RegistrationNumber: 451931)
(External registration number: 2011/007371/10)
Share code on the JSE Limited: KBO
Share code on the AIM: KIBO
ISIN:IE00B97C0C31
("Kibo" or "the Company")
19 May 2016
Mbeya Coal to Power Project Successfully Completes Phase 1 of Environmental and
Social Impact Study
Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focused
mineral exploration and development company is pleased to announce that Phase 1 of the Mbeya
Coal to Power Project ("MCPP") Environmental and Social Impact Assessment ("ESIA") was
successfully completed upon receiving notice from the Tanzanian Government that the ESIA
studies for the Mbeya Coal Mine and Mbeya Power Plant have both been accepted and officially
registered.
Environmental Certification for the MCPP requires that the Mining and Power components must be
registered as separate ESIA's, whilst successful registration requires the submission of a
comprehensive project specific ESIA brief and official registration documentation. Successful
registration is in turn dependent on the applicant's ability to demonstrate a comprehensive
understanding and insight into all the project specific and general environmental issues that will and
could have an environmental impact, as per the Tanzanian EIA and Audit Regulations and
guidelines. Following a review of the submitted ESIA briefs and registration documents, the
National Environmental Management Council ("NEMC") reached a decision that the MCPP-
application (Mining and Power) met with all the required criteria for registration and acceptance and
may continue with the rest of the assessment. Phase 2 of the ESIA has already commenced, with
most of the specialist studies that are required for Phase 2 nearing completion.
Louis Coetzee, CEO of Kibo Mining plc said "We are very pleased with progress on the ESIA and
particularly with the fact that the registration was accepted at the first attempt. ESIA registrations
frequently fail on the first attempt and can become a significant delay factor. Our strong and
cooperative relationship with the Tanzanian government coupled with our understanding of the
process has enabled us to expedite this stage of the project. We have already commenced
preparatory work for Phase 2 ahead of submitting the final ESIA to the NEMC. The ESIA is the
third key component, alongside the Mining and Power Definitive Feasibility Studies, for the
Integrated Bankable Feasibility Study."
Contacts
Louis Coetzee
+27 (0) 83 2606126
Kibo Mining plc
Chief Executive Officer
Andreas Lianos
+27 (0) 83 4408365
River Group
Corporate Adviser and
Designated Adviser on JSE
Jon Belliss
+44 (0) 207 382 8300
Beaufort Securities Limited
Broker
Oliver Morse
+61 8 9480 2500
RFC Ambrian Limited
Nominated Adviser on AIM
Daniel Thole / Anna Legge
+44 (0) 203 772 2500
Bell Pottinger Investor and Media Relations
Kibo Mining - Notes to editors
Kibo Mining is listed on the AIM market in London and the AltX in Johannesburg. The
Company is focused on exploration and development of mineral projects in Tanzania, and
controls one of Tanzania's largest mineral right portfolios. Tanzania provides a secure and stable
operating environment for the mineral resource industry and Kibo Mining therein.
Kibo Mining holds a thermal coal deposit at Mbeya, which has a significant NI 43-101
compliant defined resource, and is developing a 250-350 MW mouth-of-mine thermal power
station, the Mbeya Coal to Power Project ("MCPP"), previously called Mbeya Coal to Power
Project ("MCPP"), with an established management team that includes Standard Bank as
Financial Advisor. Kibo is undertaking a Coal Mining Definitive Feasibility Study and a Power
Pre-Feasibility Study for the Mbeya project with an integrated Bankable Feasibility Study report
for the MCPP to be released in the near term. On 20th April 2015, Kibo signed a Joint
Development Agreement for the completion of the Definitive Feasibility Studies and
development of the MCPP with China based EPC contractor SEPCO III.
The Company also has extensive gold focused interests including Lake Victoria Goldfields and
Morogoro projects. At Lake Victoria, the Company has projects with a 550,000 oz. JORC
compliant gold Mineral Resource at Imweru Project and a 168,000 oz. NI 43-101 compliant
gold Mineral Resource at the Lubando Project in which the Company holds a 90% attributable
interest. The Company is currently undertaking a Definitive Feasibility Study on its Imweru
Project.
Kibo also holds the Haneti Project on which the latest technical report confirms prospectivity for
nickel, PGMs, gold and strategic metals including lithium.
Kibo Mining further holds the Pinewood (coal & uranium) project where the company has
entered into a 50/50 Exploration Joint Venture with Metal Tiger plc.
Finally, the Company also holds the Morogoro (gold) project where the company has also
entered into a 50/50 Exploration Joint Venture with Metal Tiger plc.
The Company's projects are located in the established and gold prolific Lake Victoria Goldfields,
the emerging goldfields of eastern Tanzania and the Mtwara Corridor in southern Tanzania
where the Government has prioritized infrastructural development attracting significant recent
investment in coal and uranium. The Company has a positive working relationship with the
Tanzanian government at local, regional and national levels and works hard to maintain positive
relationships with all communities where company interests are held. The Company recognizes
the potential to enhance the quality of life and opportunity for Tanzanian citizens through careful
development of its projects.
Updates on the Company's activities are regularly posted on its website www.kibomining.com
Johannesburg
19 May 2016
Corporate and Designated Adviser
River Group
Date: 19/05/2016 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
