INTERVIEW: KEFI Minerals plc Bond Mandate Progressing Well

KEFI Minerals plc (LON:KEFI) Exective Chairman Harry Anagnostaras-Adams talks to DirectorsTalk about mandating its bond arranger for the placement of US$160 million of Listed Infrastructure Bonds. Harry explains how this fits in with the overall funding of the Tulu Kapi project, the next steps involved to complete the funding package, why there was a slight increase, the timeline for construction, ultimate goals and an update on operations in Saudi Arabia / Ethiopia.

KEFI Minerals Plc is the operator of two advanced gold development projects within the highly prospective Arabian-Nubian Shield, with an attributable 1.93Moz (100% of Tulu Kapi’s 1.72Moz and 40% of Jibal Qutman’s 0.73Moz) gold Mineral Resources (JORC 2012) plus significant resource growth potential. KEFI targets that production at these projects generates cash flows for further exploration and expansion as warranted, recoupment of development costs and, when appropriate, dividends to shareholders.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
KEFI Minerals Plc

More articles like this

KEFI Gold and Copper

KEFI discovers new high-grade Gold Deposit in Saudi Arabia

Aim-listed Kefi Gold and Copper has confirmed a new discovery, as well as provided an operational update for the Jibal Qutman gold project in Saudi Arabia in the company’s minority-owned Gold and Minerals (GMCO) joint venture (JV). A satellite deposit, Asfingia, was discovered with “excellent”

KEFI Gold and Copper

KEFI: An early mover in the Arabian-Nubian Shield

Entered Arabian-Nubian Shield 2008 Focused on Saudi Arabia and Ethiopia SAUDI ARABIA ▪ 2008 JV with Al Rashid Family Office▪ Largest explorer before recent arrivals▪ 2 discoveries – advancing towards final feasibility:▪ Hawaih (copper & gold)

KEFI Gold and Copper

Safe-haven demand spurs gold prices’ rebound

Gold prices in Monday’s Asian trading showed a notable increase. Spot gold rose 0.2 percent, reaching $2,053.88 per ounce, while gold futures for February climbed by 0.3 percent to $2,057.85 per ounce. These figures are as

KEFI Gold and Copper

Gold prices edge higher on softer dollar

Gold prices edged higher on Tuesday, supported by a pullback in the dollar after an official U.S. report citing consumers expect lower inflation cemented bets for interest rate cuts from the Federal Reserve. Spot gold XAU= was up

KEFI Gold and Copper

Gold prices edged higher

Gold prices edged higher on Tuesday, supported by the prospect of interest rate cuts in 2024 from the Federal Reserve, while investors look forward to a slew of economic data this week for more clarity on