Aim- and AltX-listed Kibo Mining has reached the final phase of discussions with the Tanzania Electric Supply company (Tanesco) regarding the power purchase agreement (PPA) for its Mbeya coal-to-power project (MCPP). Kibo on Friday resubmitted a reformatted integrated bankable feasibility study (IBFS), with unchanged content, to Tanesco and the final commercial discussions on the PPA are now expected to be concluded expeditiously.
Brazilian media have reported that the State-owned uranium company, Indústrias Nucleares do Brasil (INB – Nuclear Industries of Brazil) has signed a Memorandum of Understanding (MoU) with a subsidiary of the Russian State-owned nuclear group Rosatom. The subsidiary is the U1 Group, better known as Uranium One, which is (according to its website) responsible for Rosatom’s uranium production outside the borders of the Russian Federation and is the world’s number four uranium producer. INB is responsible for the mining... Читать дальше...
Worsening pollution crises and global warming have brought the world’s critical dependence on fossil fuels into the spotlight and the need for more sustainable and renewable energy solutions has become increasingly urgent, notes coal miner Exxaro, which has recommitted to being part of the solution toward sustainable development. “The coal industry remains a key pillar of the current economy, without which we could not survive. Not only does coal fuel over 90% of our electricity generation, but coal... Читать дальше...
