KEFI Minerals Eyes Robust Growth in Ethiopia and Saudi Arabia

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

KEFI Minerals reports significant progress at its Tulu Kapi Gold Project in Ethiopia, with preparations on track for the major works set to commence in October 2024, and the project poised to become a major economic contributor as Ethiopia’s first large-scale mining operation in three decades. In Saudi Arabia, the company’s joint venture GMCO is expanding with strong government support, advancing the development of copper-gold resources. KEFI’s Chairman expressed optimism for the company’s developments, which are bolstered by favorable metal prices and governmental shifts, promising substantial returns for shareholders.

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