Aim-listed Kefi Gold and Copper has said that the security situation in Ethiopia has materially improved since the end of last year, following the end of the civil war in the country’s northern regions during December, the lifting of the national state of emergency in February, and the agreed ceasefire in March.
Kefi has a vested interest in Ethiopia, where the Tulu Kapi gold project is being progressed towards development, following the granting of a mining licence in April 2015.
No other mining project of this scale in Ethiopia has been brought to Tulu Kapi’s stage of advancement during recent years, Kefi said on July 13, adding that Tulu Kapi would be the first industrial-scale mine development in Ethiopia in over 30 years.
KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.
