Kibo Mining has announced that an environmental and social impact assessment (ESIA) Certificate has been awarded to both the Mbeya coal project and to the Mbeya power generation project by the Tanzanian government.
Kibo said: 'The ESIAs are an integral element of the Mbeya coal to power project approval process and a further milestone in the development of this critical energy project in Tanzania.
'The ESIA application, submitted to the government in February, is a 1,000-page document setting out the developer's technical, environmental and social assessment of the two components of the MCPP.
'The application was subjected to thorough review by all relevant authorities and key stakeholders before granting of approval.
'The ESIA constitutes a key element of corporate social responsibility and ultimately, of a company's licence to operate.'
At 9:15am: (LON:KIBO) Kibo Mining share price was +1.13p at 5.63p