ABG is largest gold producer in Tanzania and one of Africa's five largest gold producers.
Barrick’s Africa region consists of four operating mines and one project: the North Mara, Bulyanhulu, Tulawaka and Buzwagi mines; and the Kabanga nickel joint-venture project with Xstrata plc in Tanzania.
The region hosts 18.4 million ounces of proven and probable gold reserves1 and produced 545,000 ounces of gold in 2008 at total cash costs of $560 per ounce.
ABG confirms production and cash cost guidance of 800,000 to 850,000 ounces at $450 to $500 cash cost per ounce respectively for 2010.

African Barricks Gold ABG share price is 601p

Kibo Mining KIBO share price 3.13p

Both within 5 km of each other in Tanzania.

I know which one I would choose to invest in for future growth. IMHO, DYOR

If you like watching Video's you will enjoy this one on KIBO:

70th Minesite Mining Forum - Kibo Mining PLC - 20th July 2010

http://clients.westminster-digital.co.uk/minesite/microsite/events/70/video/index.aspx?companyid=70_4

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