KEFI Gold and Copper, the gold and copper exploration and development company with projects in Ethiopia and the Kingdom of Saudi Arabia, presented the maiden MRE at the Al Godeyer Project, which forms part of the Hawiah Complex, all part of KEFI’s Saudi Arabian joint-venture Gold and Minerals Company.
In Saudi Arabia, the Jibal Qutman Gold Project, the Hawiah Copper-Gold Project and the other Saudi projects are under GMCO (now planned to be 25-30% owned by KEFI).
In Ethiopia, the Tulu Kapi Gold Project is under TKGM (now planned to be 70-80% owned by KEFI). Final beneficial ownership will depend on project financing requirements.
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, Jibal Qutman EL and Hawiah.