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KEFI Minerals ( (GB:KEFI) ) has shared an announcement.
KEFI Gold and Copper PLC announced that the signing of the $240 million debt capital offering for the Tulu Kapi Gold Project is expected this week, following the resolution of a procedural issue. The project, with a total value of $340 million, is progressing as planned with construction already underway. The company is poised to benefit from record-high gold prices, which could enhance the project’s financial prospects and stakeholder value.
More about KEFI Minerals
KEFI Gold and Copper PLC operates in the mining industry, focusing on the exploration and development of gold and copper resources. The company is primarily engaged in projects in Ethiopia and Saudi Arabia, with a market focus on leveraging high gold prices to advance its mining ventures.
Average Trading Volume: 75,329,005
Technical Sentiment Signal: Buy
Current Market Cap: £114.1M
See more data about KEFI stock on TipRanks’ Stock Analysis page.