KEFI granted two new exploration licences in Saudi Arabia as pace of work accelerates
KEFI has an extensive portfolio of assets in Saudi Arabia and Ethiopia
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 Gold jumps on Tulu Kapi umbrella financing
Target launch for the project is the start of the Ethiopian dry season in October 2022
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KEFI dismisses loss of licence reports
The company remained confident that it has complied with all regulatory requirements
KEFI Gold & Copper making progress and on-track in Saudi Arabia
Drill rigs are turning at the Hawiah and Al Godeyer projects.
KEFI Gold and Copper makes further advances on multi-party project financing for Tulu Kapi
"We continue to accelerate activities in preparation for signing the financing syndicate Umbrella Agreement this month,” said executive chairman Harry Anagnostaras-Adams
KEFI highlights 4.7mln ounce resource base and potential EBITDA of US$100mln per year in full-year results
KEFI has advanced projects in Ethiopia and Saudi Arabia
KEFI Gold expects financing for Tulu Kapi joint venture to be agreed next month
"We continue to step up activities for signing the financing syndicate umbrella agreement next month, enabling full construction to commence from October,” said KEFI chairman Harry Anagnostaras-Adams
KEFI Gold and Copper sees greater resource at Jibal Qutman gold joint venture project in Saudi Arabia
Alternative processing options are now viable, which should allow for a greater portion of the ore body to be developed, meaning a greater resource and production profile
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KEFI Gold raises £8mln in 'last piece' of Tulu Kapi's finance packaging
The money raised will bolster security arrangements at Tulu Kapi ahead of the start of construction
KEFI comes through "watershed quarter", says chairman
Tulu Kapi in Ethiopia is the most advanced project, while Jibal Qutman and Hawiah are in Saudi Arabia
KEFI sees satellite potential at Al Godeyer in Saudi Arabia
Efforts are now focused on delivering an initial JORC Mineral Resource during 2022
Game on for KEFI Gold and Copper, as Ethiopia and Saudi Arabia come good
Patience, and a deep experience of the ups and downs of mining exploration, have stood KEFI in good stead
KEFI Gold and Copper resumes development of Tulu Kapi gold project in Ethiopia
The security situation has remained stable at both the site and the preferred transport routes over the past two months, it said
KEFI Gold and Copper reports rapid progress at Saudi Arabian joint venture projects
Development of the projects are expected to be partly funded by shareholders (25%) with the rest coming from project debt-funding
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