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Kefi Minerals

Site preparations at KEFI’s Tulu Kapi recommence

The Project launch schedule is expected to trigger certain community steps in December 2021, with full launch within the following months.

Positive resolution for seized personnel at Tula Kapi

The Company remains optimistic that the Project will still be launched this year albeit with duly refined and risk-managed arrangements

Enlarged funding package structured to enable start of Tulu Kapi

This package is designed to fund all infrastructure, the start-up of the open pit mine and the initial development of the underground mine.

KEFI submits finance plan to the Ethiopian Central Bank

Tulu Kapi Gold Mines has presented its project finance syndicate and submitted its project finance plan to the Ethiopian Central Bank.

Will cracking the whip finally get Ethiopia’s mining sector going?

Make hay while the sun shines. But for the holders of 27 mining licences in Ethiopia, the sun has set on their ambitions in the country.

KEFI takes big strides with raising of £2,976,000

“Our progress and the outlook for both our Tulu Kapi and Hawiah projects are ever more compelling for KEFI and its shareholders."

KEFI expected to increase project ownership from 45% to c.65%

“Our progress and the Project economics are ever more compelling for KEFI and its shareholders." - Harry Anagnostaras-Adams

Plans for Tulu Kapi remain on schedule

"Development and financing activities have been adjusted following operational and global events, and plans remain on schedule for project finance."
gold Mako Gold

Finance banks now accessible for KEFI’s gold project

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.

KEFI Minerals’ gold deal finalised

TKGM will be further empowered by the transfer of the first tranche of the ANS Mining funding of US$9.5 million during January 2020.