KEFI Gold and Copper plc (LON:KEFI) has reported good progress to schedule at the Company’s high-grade Tulu Kapi Gold Project in Ethiopia. The remaining finance syndicate board processes are on track for final (conditional) approvals during May 2024, whilst Project launch preparations have commenced at Tulu Kapi.
· Remaining finance syndicate approvals expected to be granted during May 2024
· Project launch preparations progressing
· Ethiopian gold sector taking off
Notably, these developments coincide with construction works commencing at another Ethiopian industrial scale gold-mine development, west of Tulu Kapi, and the commencement of a modernisation programme at the only pre-existing large Ethiopian gold mine, south of Tulu Kapi.