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KEFI Minerals ( (GB:KEFI) ) has shared an update.
KEFI Gold and Copper PLC announced significant progress in the Tulu Kapi Gold Project in Ethiopia, with updated financing facilities increasing to $240 million. Key preparations for project launch are underway, including parliamentary ratification and insurance processes, aimed for completion by March 2025. These efforts are aligned with the firm gold price, potentially increasing the project’s net present value per share.
More about KEFI Minerals
KEFI Gold and Copper PLC is an exploration and development company focused on gold and copper projects, primarily operating in the Arabian-Nubian Shield. The company’s main activities involve advancing mining projects, such as the Tulu Kapi Gold Project in Ethiopia.
YTD Price Performance: 2.10%
Average Trading Volume: 50,102,658
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £38.79M
See more data about KEFI stock on TipRanks’ Stock Analysis page.
