Tulu Kapi Gold Mines has presented its project finance syndicate and submitted its project finance plan to the Ethiopian Central Bank.
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.
“Our progress and the Project economics are ever more compelling for KEFI and its shareholders." - Harry Anagnostaras-Adams
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 has selected its preferred project infrastructure finance proposal for the company’s Tulu Kapi gold 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.
12Page 1 of 2