KEFI Minerals (GB:KEFI) has released an update.
KEFI Gold and Copper is gearing up for the mid-2024 launch of its high-grade Tulu Kapi Gold Project in Ethiopia, with preparations underway and finance syndicate approvals expected to be finalized in May 2024. The developments are part of a broader positive shift in Ethiopia’s mining sector, with the country aiming to increase its annual gold production significantly within five years. In Saudi Arabia, KEFI’s joint venture is advancing its Hawiah Copper-Gold Development Project and evaluating development scenarios for the Jibal Qutman Gold Project, reflecting a growing interest in the region’s mining potential.
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