KEFI Gold and Copper has advanced development of its Tulu Kapi gold project in Ethiopia with the award of an engineering, procurement and construction management contract covering the processing plant and associated infrastructure.
The contract supports the next stage of project execution and reflects progress toward construction of the mine’s core operating facilities. With key work packages now assigned, the company is transitioning from development preparation into the delivery phase of the project.
Tulu Kapi is being developed through the company’s subsidiary Tulu Kapi Gold Mines and represents Kefi’s primary near-term production asset. The project is designed as an open-pit gold operation supported by a conventional processing plant, with development activity structured across several parallel workstreams.
These include engineering and plant construction, mine preparation, power connection, road access and the relocation and housing of local communities affected by the development. Assigning contractors to these areas allows multiple parts of the build programme to move forward at the same time, helping to keep the overall schedule on track.
The company has reiterated that the project remains aligned with its targeted development schedule. First gold production is currently expected in early 2028, followed by ramp-up to full production later that year.
KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.
