Gold edges up on weaker dollar

Three recent developments have served to put KEFI’s Tulu Kapi into the spotlight. The first is Ethiopia’s recent central bank directive exempting certain strategic industries – including mining – from foreign exchange controls, satisfying the last major condition

Three recent developments have served to put KEFI’s Tulu Kapi into the spotlight. The first is Ethiopia’s recent central bank directive exempting certain strategic industries – including mining – from foreign exchange controls, satisfying the last major condition

Gold and copper exploration and development company Kefi Gold and Copper has announced that almost all the prerequisites to begin construction at the Tulu Kapi gold project, in Ethiopia, are now in place. The company revealed details of where the project stands in an operational update issued on September 5 covering developments

Gold prices inched higher on Thursday, as a slight pullback in Treasury yields offered some respite from a robust dollar, while investors looked forward to more U.S. economic data to gauge the outlook for interest rates. Spot gold XAU= was

Gold rose for a third straight session on Wednesday, supported by a fresh batch of weak US economic data which reinforced the view that the Federal Reserve may have to hit pause on its interest rate hikes. Spot

Gold rose for a fourth straight session to a two-week high on Thursday, extending gains from the previous session fuelled by weaker U.S. data in the run up to likely interest rate guidance from central bankers at Jackson

Copper prices rose on Tuesday from a six-week low hit in the previous session, on expectations of improvingdemand as top metals consumer China cut policy rates, and as a softer dollar made greenback-priced metals cheaper to holders of other currencies. Three-month copper on the

KEFI Gold and Copper is gearing up to begin the first phase of its Tulu Kapi gold mine project after securing funding for development in June. According to the company, Tulu Kapi Gold Mines plans to start relocating

Gold prices bounced back on Tuesday on a weaker dollar and expectations that the US Federal Reserve will likely end its monetary tightening cycle after a widely expected rate hike this week. Spot gold gained a modest 0.3%

Gold prices edged up on Tuesday on a dollar that was close to hitting its lowest in over a year, while traders waited for retail sales data from the United States to gauge any impact on the U.S. Federal

Gold prices rose on Wednesday after the dollar and bond yields retreated as investors awaited U.S. inflation data that could offer more cues on the Federal Reserve’s rate-hike policy path. Spot gold rose 0.4% to $1,939.43 per ounce by 0518 GMT,

KEFI Gold and Copper has obtained a positive assessment of the PFS for Hawiah, the largest discovery to date by KEFI’s 27%-owned Saudi Arabian joint-venture Gold and Minerals Company Limited (GMCO). Hawiah is a part of a larger mineralized