KEFI nears final signatures to $320m financing plan

Copper traded within a narrow range on Monday as investors gauged metals stocks against global economic headwinds, while the nickel contract on the London Metal Exchange (LME) resumed its Asian hours trading after over a year. Three-month copper

KEFI Gold and Copper is expecting to complete the definitive feasibility study (DFS) for the Jibal Qutman Gold Project in Saudi Arabia this year,  London’s Alternative Investment Market-listed company said in a statement. “We expect a minimal delay

Gold prices have more room to run as global banks struggle and the U.S. Federal Reserve renders another interest rate decision, potentially breaking all-time highs — and staying there. “A sooner Fed pivot on rate hikes will likely

Gold prices ticked up on Friday and were on course for a third consecutive weekly rise as the global banking crisis sent investors flocking to the safe-haven metal. Spot gold XAU= was up 0.1% at $1,920.19 per ounce, as of

Gold raced towards the key $1,900 level on Monday as investors sought cover from the uncertainty triggered by the collapse of Silicon Valley Bank, emboldened by bets that the Federal Reserve may now have to tone down its

Gold prices regained some ground on Wednesday as the dollar’s rally cooled, but any further advance is likely to be capped with Federal Reserve Chair Jerome Powell signalling more rate hikes. Spot gold rebounded 0.3% to $1,820.31 per

London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project,

Central bank gold demand picked up from where it left off in 2022 with the addition of 31 tonnes to the global gold reserves in January, the World Gold Council said on Thursday. This total, which represents a 16% monthly increase, falls

Gold prices edged up on Monday as the dollar eased, but hovered near their lowest levels since late December after U.S. economic data last week raised worries that the Federal Reserve could hike interest rates further. Spot gold XAU= was

Copper prices rose on Monday as investors and traders bet on a recovery in demand from top consumer China amid support from global mining supply disruptions. Three-month copper on the London Metal Exchange advanced 0.5% to $9,033 a

Copper prices rose on Wednesday, supported by supply disruptions and expectation of a demand recovery in top consumer China, even as the dollar held firm after sticky US inflation suggested interest rates would remain higher for longer. Three-month

Aim-listed KEFI Gold and Copper is pursuing a dual listing of its shares in Saudi Arabia. The Saudi Exchange is currently the eleventh-largest stock exchange globally, with 223 listed companies and a market capitalisation of $2.63-trillion. Kefi says the Saudi Arabian government’s

Demand for gold has reached its highest in over a decade on the back of colossal purchases made by central banks, as well as vigorous retail investor buying and slower ETF outflows, the World Gold Council (WGC) said

Gold exploration and development company Kefi Gold and Copper has announced that all lead contracting and equity investment parties have agreed to the draft agreements for the financing of the Tulu Kapi gold project, in Ethiopia.   The project, which has a total cost of $320-million, has received in-principle agreement