Tag: Kefi Minerals

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KEFI Minerals boost as Ethiopian legal claim is "drastically reduced"

A ruling by an Ethiopian Supreme Court has reduced the potential financial impact of legacy legal issue affecting KEFI Minerals plc to US$600,000 from US$12mln. The

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KEFI Minerals Agrees Community Resettlement For Tulu Kapi In Ethiopia

KEFI Minerals PLC said Wednesday it has finalised a community resettlement plan with the government of Ethiopia in order to allow construction to begin at

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Government to Increase Investment in Tulu Kapi Gold Mine

Tulu Kapi Gold Mine’s developer, KEFI Minerals, asked the Government of Ethiopia to increase its investment in the gold mining project.   It was back in

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KEFI Updates on Talks with Ethiopia Government

KEFI Minerals has issued an update on its discussions with the government of Ethiopia on various aspects involved in formalising the agreements for the development

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KEFI Minerals Seek DBE’s Loan for Its Wolega Gold Project

In a bid to accelerate its gold mine development project, British gold exploration and development company KEFI Minerals PLC has applied for a credit facility

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KEFI Minerals inches closer to finance deal for Ethiopia gold mine

They are described as “reputable African banking organisations” willing to offer US$85mln in senior secured debt at coupon of 8%.. KEFI Minerals (LON:KEFI) has narrowed down

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KEFI Minerals appoints new process plant contractor for Ethiopian mine

KEFI Minerals (LON: KEFI) has confirmed a change in the EPC contractor for its Tulu Kapi mine in Ethiopia after receiving better financial terms. Australian firm

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KEFI Minerals Is Well On The Way To Locking In Finance

‘The pleasant part is that we thought we’d have 85,000 ounces of gold production per year, but we’ve revved it up to 115,000 ounces,’ Harry

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KEFI Minerals Requests Ethiopian Government To Raise Share In Tulu Kapi Gold Mine

KEFI Minerals, UK’s Gold Exploration and Development Company requested Ethiopian government to raise its share in the new Tulu Kapi gold mine locality, according to

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Kefi Minerals Appoints Australian Firm To Construct Its Gold Plant

Kefi on Tuesday said it had selected Australia-based Sedgman as the preferred plant construction engineering, procurement and construction management contractor for the 105 000-oz-a-year gold operation.

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Ethiopia Secure Three Billion USD From Mining Sector

The Ministry of Mines plans to earn three billion USD profit a year at the GTP II period from mineral and gas exports, The Reporter

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Mines Ministry Gives Go Ahead For Tulu Kapi Development

Aim-listed gold explorer and developer Kefi Minerals has received approval from Ethiopia’s Ministry of Mines to develop its Tulu Kapi project. The company's application for the

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