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KEFI Minerals ( (GB:KEFI) ) has shared an update.
KEFI Gold and Copper plc has announced a significant upgrade to the Mineral Resource Estimates at their Hawiah Copper-Gold Project, increasing the total resources by 26% to 38.2 million tonnes. This includes substantial increases in indicated resources and potential for open-pit mining, reinforcing the project’s standing as the third largest base metals development in Saudi Arabia. The expansion of their exploration license area also promises further resource additions, supporting long-term development planning and enhancing shareholder value.
More about KEFI Minerals
KEFI Gold and Copper plc is a gold and copper exploration and development company with a focus on the Arabian-Nubian Shield. It operates through the joint venture Gold and Minerals Company Limited and is engaged in advancing projects like the Hawiah Copper-Gold Project in Saudi Arabia.
YTD Price Performance: 8.82%
Average Trading Volume: 45,983,075
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £41.34M
For a thorough assessment of KEFI stock, go to TipRanks’ Stock Analysis page.
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