Kefi Gold signs off umbrella agreement for Tulu Kapi development
"We push for construction in Q4 2023 following procurement and community preparations.”
Company
KEFI Gold and Copper PLC
LON:KEFI
KEFI Gold and Copper PLC is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The company is focused primarily on developing the advanced Tulu Kapi Gold Project in Ethiopia. KEFI has also been successful in Saudi Arabia where it has discovered and delineated gold resources at the Jibal Qutman Gold Project and copper-gold-zinc-silver resources at the Hawiah Copper-Zinc Project.
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KEFI reports financing for Tulu Kapi now agreed, with first gold production expected 2025
KEFI has an attractive portfolio of gold projects in Ethiopia and Saudi Arabia
KEFI Gold says higher costs for Tulu Kapi covered by financing
Its shares were changing hands 2.1% higher at 0.59p following the news
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KEFI Gold and Copper says it's 'better positioned than ever'
As it awaits regulatory permission in Ethiopia, the exploration focus has been switched to Saudi Arabia
KEFI Gold and Copper eyes launch of Tulu Kapi following stakeholder workshops
“The Tulu Kapi Gold Project will be a first for many decades in Ethiopia," KEFI executive chair Harry Anagnostaras-Adams said
KEFI Gold and Copper receives two exploration licences in Saudi Arabia
A Definitive Feasibility Study (DFS) for development at the Jibal Qutman Gold Project will commence soon
KEFI Gold and Copper sees shares rise as it notes widely publicised request for a permanent ceasefire by the Tigrayan rebel leadership in Ethiopia
KEFI said it views the development as "positive for the country and as well as for the Company's Tulu Kapi Gold Project, which is currently clearing the last regulatory processes required ahead of the expected signing of binding project fin
KEFI Gold & Copper primed and ready for progress on two fronts
The group is active in both Ethiopia and Saudi Arabia
KEFI Gold makes progress on licencing for Jibal Qutman joint venture in Saudi Arabia
"We can now realistically target bringing the mine into production in H2-2024," said executive chairman Harry Anagnostaras-Adams
KEFI Gold says on track to start construction of Tulu Kapi project in fourth quarter
Tulu Kapi is set to be the first industrial scale mine development in Ethiopia for more than 30 years