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IN BRIEF: KEFI Minerals Sees 2019 Loss Widen On Higher Costs

Tue, 30th Jun 2020 17:17

KEFI Minerals PLC - London-based gold exploration & development company - Says pretax loss for 2019 was GBP5.6 million, widened from GBP5 million in 2018. No revenue was recorded. Adds that it will continue to advance its Tulu Kapi gold project in Ethiopia towards plans to commence gold production in 2022. It expects to generate average earnings before interest, taxes, depreciation and amortisation of between USD78 million to USD129 million each year.

Current stock price: 0.87 pence

Year-to-date change: down 28%

By Ife Taiwo; ifetaiwo@alliancenews.com

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17 Oct 2022 13:55

Kefi wins renewal of Saudi Arabia exploration licence

(Sharecast News) - Gold and copper explorer and developer Kefi announced the renewal of the Jibal Qutman exploration licence in Saudi Arabia on Monday.

17 Oct 2022 13:37

Kefi Gold to complete fieldwork after licence renewal of Saudi site

(Alliance News) - Kefi Gold & Copper PLC on Monday said it is ready to push on with development work at Jibal Qutman now the licence for the site has been renewed.

28 Sep 2022 14:38

EARNINGS UPDATES: Kefi tips bright outlook; Keras bets on Togo license

(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

14 Sep 2022 14:54

IN BRIEF: Kefi Gold & Copper shares rise with new exploration licenses

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Receives two exploration licences issued for the development of the Jibal Qutman Gold project in Saudi Arabia. Says the Jibal Qutman North and Jibal Qutman Southeast exploration licences have been issued on an initial five-year term and cover 174 kilometres. Expects the award of the final Jibal Qutman exploration licence "shortly". Anticipates construction to start mid-2023 and first gold at the end of 2024.

12 Sep 2022 14:04

IN BRIEF: Kefi shares up as rebel group calls for Ethiopia ceasefire

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Says the Tigrayan rebel leadership has called for a permanent ceasefire in Ethiopia. On Sunday, the communique asked for mediation by the African Union and participation in the national reconciliation process already being arranged by the Federal Government of Ethiopia, the company adds.

5 Aug 2022 17:44

IN BRIEF: KEFI Gold raises recovery target for Jibal Qutman project

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - For the Jibal Qutman project in Saudi Arabia, land access issues halting the mine development application in 2016 have been resolved, paving the way for a potential mining licence being granted.

3 Aug 2022 13:23

Kefi reports further licensing progress in Saudi Arabia

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi announced positive licensing progress on the Jibal Qutman project on Wednesday, as well as the award of two further exploration licences through its Gold and Minerals (G&M) joint venture in Saudi Arabia.

13 Jul 2022 13:18

IN BRIEF: Kefi Gold & Copper switches focus to Saudi Arabia

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Says field activities at the Tulu Kapi gold project in Ethiopia have continued to build ahead of full project launch. Company says it is "keen" to re-commence its exploration of additional prospects at the project but is awaiting regulatory permission. As a result, Kefi switches focus to Saudi Arabia with its Jibal Qutman and Hwaiah projects.

12 Jul 2022 16:05

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Kefi Gold Share News (KEFI)

Share Price Information for Kefi Gold (KEFI)

IN BRIEF: KEFI Minerals Sees 2019 Loss Widen On Higher Costs

TRADING UPDATES: Braemar launches gas desk; Aterian hails Azrar finds

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

TRADING UPDATES: Fiske swings to loss; Nanoco sees loss widen

Kefi wins renewal of Saudi Arabia exploration licence

Kefi Gold to complete fieldwork after licence renewal of Saudi site

EARNINGS UPDATES: Kefi tips bright outlook; Keras bets on Togo license

IN BRIEF: Kefi Gold & Copper shares rise with new exploration licenses

IN BRIEF: Kefi shares up as rebel group calls for Ethiopia ceasefire

IN BRIEF: KEFI Gold raises recovery target for Jibal Qutman project

Kefi reports further licensing progress in Saudi Arabia

IN BRIEF: Kefi Gold & Copper switches focus to Saudi Arabia

Kefi venture awarded two exploration licences in Saudi Arabia

Kefi Gold shares surge on two new exploration licences in Saudi Arabia

TRADING UPDATES: M&C Saatchi expects to deliver on annual profit

AIM WINNERS & LOSERS: Frasers invests in MySale; Kefi keeps license

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Kefi Gold Share News (KEFI)

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