KEFI Gold and Copper (LON:KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has advised that an updated Company presentation has been uploaded to the Company’s’ website, https://www.kefi-goldandcopper.com and will be used at the 121 Mining Investment London conference, taking place next week on Tuesday 9 and Wednesday 10 May 2023.
KEFI Gold and Copper Updated Company Presentation
- Written by: Emily Johnson
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KEFI reported progress at Tulu Kapi and in Saudi Arabia, alongside shareholder resolutions, financing plans and board changes at its AGM.
KEFI Gold and Copper says its Tulu Kapi gold project in Ethiopia remains on schedule, with first production targeted for mid-2028, while the company seeks shareholder approval to raise borrowing capacity for project finance. The AGM update also highlighted progress in Saudi Arabia, a planned Main Market move by end-2026, and board changes including new director Maleda Bisrat.
KEFI has signed a US$400 million mining services contract with BCM Group for its Tulu Kapi Gold Project in Ethiopia, covering mining fleet supply, local operator training and full mining operations.
Copper is gaining support from falling inventories, tariff risk and tighter available supply, giving investors a clearer price case.
KEFI has signed a mining services agreement with BCM Group for its Tulu Kapi Gold Project in Ethiopia, covering fleet provision, operator training and mining operations over the initial nine-year mine life.
Copper’s rise shows how easing geopolitical risk and tight supply expectations are putting industrial metals back in focus.
