KEFI Minerals (GB:KEFI) has released an update.
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KEFI Gold and Copper is advancing its Tulu Kapi Gold Project in Ethiopia, having received preliminary approval from co-lender African Finance Corporation, with final approval expected soon. The company has begun the Early Works programme, which will lead to major project works post-funding in October 2024. The Ethiopian government’s support for the mining sector, including Tulu Kapi, is set to boost the country’s gold exports significantly, potentially surpassing coffee as the largest export sector.
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