Kibo Mining notes minor delay in gold projects' amalgamation

5th Jul 2016 12:27

(ShareCast News) - Kibo Mining said it expects the consolidation of its and Lake Victoria Gold Ltd's respective Imweru and Imwelo gold projects will be delayed by a further two weeks. The delay from 30 June had resulted from a minor unforeseen delay in completing compliance and legal work on the follow-on definitive agreement.At 12:26 BST, shares in Tanzania-focused mineral exploration and development company Kibo are up 4.88% to 5.38p.

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