Modern Mining January 2016

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January 2016 MODERN MINING17
MINING News
Diamcor installs
XRT technology at
diamond operation
Diamcor Mining Inc, listed on the TSX-V, has
announced the installation of a deposit-
specific crushing circuit, along with Tomra
XRT diamond recovery technology, for the
processing of material in the +26,0 mm size
fractions at its Krone-Endora at Venetia proj-
ect in Limpopo Province.
The selection and installation of this
equipment is aimed at achieving the effec-
tive liberation of oversized materials, while
reducing the potential breakage of larger dia-
monds through a selective crushing system.
The Tomra systemwas chosen – says Diamcor
– based on its demonstrated operational
benefits and the exceptional results demon-
strated at various other projects testing and
using this new diamond recovery system.
The Tomra XRT diamond recovery technol-
ogy provides the added benefit of being a‘dry
system’, and thus does not require water like
many other X-ray final recovery systems. The
company believes this technology may ulti-
mately enhance overall processing capacities,
increase efficiencies, and is the optimum solu-
tion for the effective treatment of the oversize
material at the project.
The initial installation of this equipment
will enable it to operate independently from
the current processing underway at the proj-
ect, thereby providing for an incremental
analysis of the benefits of its utilisation for a
period of approximately 90 days. 
Kibo Mining has announced that it is busy
finalising a Memorandum of Understanding
(MOU) withTanzania Electric Supply Company
Limited (TANESCO) on a Power Purchase
Agreement (PPA) for the Mbeya Coal to Power
Project (MCPP).
Over the past twelve months Kibo says
it has been engaged in a very constructive
dialogue with TANESCO and the Tanzanian
Ministry of Energy and Minerals (MEM).
During this process the parties identified an
agreed set of principles to guide and direct
the development of a PPA for the MCPP. These
principles seek to recognise, balance and pro-
tect the interests of all MCPP stakeholders in a
manner that ensures that the best interests of
Kibo Mining advances Mbeya project
the MCPP are served at all times.
Louis Coetzee, CEOof KiboMining, said:
“The MCPP continues to make significant
progress, with this latest breakthrough
being one of the most important mile-
stones in the development of the MCPP
to date. Finalising critical commercial
arrangements on the MCPP – to ensure
optimal value creation and realisation on
the company’s flagship asset – is crucial at
this stage of the project’s development.
This announcement also shows that the
company is diligently and successfully
attending to the MCPP’s key commercial
development objectives. These efforts are
in turn strongly supported by the ongoing
technical feasibility work that is rapidly
advancing in parallel.”
KiboMining is listed on the AIMmarket
in London and the AltX in Johannesburg.
The company is focused on exploration
and development of mineral projects in
Tanzania, and controls one of Tanzania’s
largest mineral rights portfolios. It holds
a thermal coal deposit at Rukwa, which is
the basis of the MCPP. 