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Kefi Gold & Copper "confident" it will land a new mining license in Saudi next year

Kefi Gold & Copper "confident" it will land a new mining license in Saudi next year

Kefi Gold & Copper Plc executive chairman Harry Anagnostaras-Adams joins Proactive at Mines & Money in London, outlining two ongoing development projects in Saudia Arabia and one substantial mine ‘on the starting blocks’ in Ethiopia.

One of its two discoveries in Saudi has applied for a mining license and Kefi is "pretty confident” that a mining license will come in 2022, which the other is set to see its resources upgraded after being discovered about a year ago.

"We're going through a launch programme shortly to take us to being the equivalent of about a half-million-ounce gold producer but with some other metals like copper and zinc," Anagnostaras-Adams said.

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