KEFI Gold and Copper formally launches Tulu Kapi Gold project

KEFI Gold and Copper plc (LON:KEFI), the gold and copper exploration and development company focused on the Arabian-Nubian Shield with a pipeline of projects in the Federal Democratic Republic of Ethiopia, and the Kingdom of Saudi Arabia, has advised the Board of Tulu Kapi Gold Mines (TKGM) has formally launched the Project.

The TKGM Board includes representatives from both KEFI and the Ethiopian Federal and Oromia Regional Governments. This decision to launch Tulu Kapi follows deployment of dedicated site policing and the conditional confirmations that quickly ensued from all members of the Project’s finance syndicate.

An updated corporate presentation will be uploaded to the company website and includes a summary of Early Works, Major Works, Key Milestones, Finance Plan and Key Economic Metrics which are summarised below.

Early Works until September 2024:

·    Completion of preparation for community resettlement;

·    Detailed engineering for procurement;

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
KEFI Gold and Copper

More articles like this

KEFI Gold and Copper

KEFI Gold and Copper GM to be held on 2 January 2025

KEFI Gold and Copper plc (LON: KEFI), the exploration and development company focused on gold and copper projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, anounces that, further to its Company’s

KEFI Gold and Copper

Copper prices gain momentum amid global dynamics

Copper prices are experiencing an upswing as a weakening US dollar enhances their affordability for international buyers. On the London Metal Exchange, copper climbed to $9,089.50 per metric ton, while on the Shanghai Futures Exchange, it

KEFI Gold and Copper

Promising developments for KEFI Gold and Copper

KEFI Gold and Copper (KEFI) has initiated discussions with its Saudi joint venture partner, ARTAR, to exit their Saudi Arabian joint venture, Gold and Minerals (G&M). This move would relieve KEFI of the obligation to contribute

KEFI Gold and Copper

Gold prices rebound as dollar rally pauses

Gold prices climbed on Monday after enduring losses for six consecutive sessions. The rebound was attributed to a pause in the U.S. dollar’s recent rally, with spot gold increasing by 1.2% to $2,591.43 per ounce as