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The National Bank of Ethiopia has approved term sheets with project finance banks who are expected to provide debt finance for the Tulu Kapi Gold Project.
"The FEED pricing reconfirmation is underway, and we are pleased to have identified several optimisation and cost saving opportunities." - Tony Harrington
The key to attract mineral exploration into resource-rich African countries is having access to reliable, publicly-available geological data.
KEFI Minerals has selected its preferred project infrastructure finance proposal for the company’s Tulu Kapi gold project.
East Africa Metals has received the final payment of US$600,000 from Tibet Huayu Mining as part of the of purchasing a 70% interest in the Adyabo Project.
KEFI Minerals subsidiary, Tulu Kapi Gold Mines, has launched the company’s Tulu Kapi Gold Project with its Ethiopian private and public sector partners.
KEFI Minerals has received confirmation from the Ethiopian Government that it has now resolved the outstanding internal administrative arrangements.