The Stage 2, Phase 1 definitive mining feasibility study (DMFS) of dual-listed Kibo Mining’s Mbeya coal-to-power project (MCPP), in Tanzania, has delivered better-than-expected results, which would improve the overall economics of the coal mine. The company said in a statement on Wednesday that the results from the geotechnical programme not only confirmed the slope angles, but also made it possible to further improve the detailed mine design that would be completed during the DMFS.
