Following a comprehensive technical and commercial review of its portfolio, Aim- and AltX-listed Kibo Mining has relinquished several early-stage noncore gold prospecting licences, licence offers and licence applications in the Lake Victoria goldfields, in northern Tanzania. Kibo surrendered 79 licences covering an area of 800 km2 of “very early-stage” exploration blocks that no longer contributed towards the company’s strategic development objectives.
