In the heart of Ethiopia, a gold rush is on the horizon. Kefi Gold and Copper’s Tulu Kapi gold project, a beacon of hope for the nation’s economy, has secured approval for a monumental transaction worth 320 million dollars.
The Ethiopian federal government has confirmed its equity capital investment in the Tulu Kapi project, demonstrating a commitment to the future of the nation’s mining sector. With preparations for the project launch underway, the stage is set for a new chapter in Ethiopia’s economic growth.
Lycopodium Limited, a professional services company, stands as one of the principal project contractors for process plant design and construction. Their expertise in delivering complex projects on time and within budget positions them as a vital player in the development of the Tulu Kapi project.
London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.
