Gold hits one-month peak

Gold prices rose to a five-month high on Monday, as the U.S. dollar weakened slightly after more Chinese cities relaxed COVID-19 restrictions over the weekend. Spot gold XAU= was up 0.5% at $1,807.21 per ounce, as of 0233 GMT, after

KEFI finalised the costings and finance plan by all the Tulu Kapi syndicate lead contractors, investors, and lenders for the updated US$320M Tulu Kapi Gold Project in Ethiopia. The agreement is currently being processed for final reviews and

Aim-listed Kefi Gold and Copper has confirmed that an updated $320-million finance plan for the Tulu Kapi gold project, in Ethiopia, has been agreed by all of the project’s syndicate lead contractors, investors and lenders. The plan is

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

Base metals prices largely rose on Thursday, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies, while nickel was boosted by hopes of strong demand from the battery sector. Three-month copper on the London Metal Exchange CMCU3

KEFI Gold and Copper has released a quarterly operational update encompassing the activities of KEFI Minerals (Ethiopia) Ltd and Tulu Kapi Gold Mines Share Company in Ethiopia, and Gold & Minerals Ltd in Saudi Arabia. Since acquiring Tulu Kapi Gold Mines (TKGM)

KEFI Gold and Copper (KEFI) has, this week, made two announcements pertinent to its future. In the first, it announced the renewal of its Jibal Qutman exploration licence in Saudi Arabia, which opens the way for the commencement

Domestic Gold prices gained on Monday as a softer dollar rekindled some of bullion’s appeal for overseas buyers. Meanwhile, the rupee depreciated by as much as 28 paise against the US dollar amid a surge in the global

According to an S&P report on The Future of Copper, copper demand is expected to almost double by 2035 and will continue to grow as the world pursues the global transition to net zero. Copper’s natural conductive properties make it the material

Gold prices held firm on Tuesday near a two-week high hit in the previous session, helped by a subdued dollar, while investors awaited U.S. inflation data that could provide cues on the Federal Reserve’s interest rate hike path.

Copper prices rose on Tuesday on a weaker dollar and expectations for better metals demand after Chinese policymakers said they would accelerate infrastructure investment. Three-month copper on the London Metal Exchange CMCU3 rose 0.7% to $7,707 a tonne