tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

KEFI Gold and Copper Advances Tulu Kapi Project with Key Developments

Story Highlights
  • KEFI has completed early works for the Tulu Kapi Gold Project, enabling full development.
  • The company secures a $240 million finance package, with project launch expected in September 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KEFI Gold and Copper Advances Tulu Kapi Project with Key Developments

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

KEFI Minerals ( (GB:KEFI) ) has shared an update.

KEFI Gold and Copper PLC has completed the necessary early works for the Tulu Kapi Gold Project in Ethiopia, paving the way for full project development. The company has updated its finance plan and financial model, with definitive project documentation expected to be signed this month and full financial closure anticipated in September 2025. This marks a significant milestone for KEFI, as it secures a $240 million finance package and prepares for the project’s full launch, which is a first of its kind in Ethiopia.

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: 49,568,415

Technical Sentiment Signal: Sell

Current Market Cap: £50.75M

For an in-depth examination of KEFI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1