Home Tags Kefi Minerals
The Company remains optimistic that the Project will still be launched this year albeit with duly refined and risk-managed arrangements
This package is designed to fund all infrastructure, the start-up of the open pit mine and the initial development of the underground mine.
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.