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KEFI Gold and Copper Advances Tulu Kapi Project with $340 Million Budget

Story Highlights
  • KEFI Gold and Copper focuses on gold and copper projects in Ethiopia and Saudi Arabia.
  • Tulu Kapi Gold Project in Ethiopia is set for full development in October 2025 with a $340 million budget.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KEFI Gold and Copper Advances Tulu Kapi Project with $340 Million Budget

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The latest announcement is out from KEFI Minerals ( (GB:KEFI) ).

KEFI Gold and Copper PLC announced updates on its Tulu Kapi Gold Project in Ethiopia, highlighting a $340 million capital budget and a $240 million debt facility. The project is set to begin full development in October 2025, with significant financial and operational preparations underway, including community resettlement and infrastructure development. The project is expected to enhance KEFI’s industry positioning and contribute positively to Ethiopia’s growing gold sector.

More about KEFI Minerals

KEFI Gold and Copper PLC is a gold and copper exploration and development company focused on the Arabian-Nubian Shield, with projects in Ethiopia and Saudi Arabia.

Average Trading Volume: 38,666,134

Technical Sentiment Signal: Hold

Current Market Cap: £70.22M

Find detailed analytics on KEFI stock on TipRanks’ Stock Analysis page.

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