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Share Price: 0.66

Bid: 0.65

Ask: 0.668

Change: -0.036 (-5.17%)

Spread: 0.018 (2.769%)

Open: 0.674

High: 0.674

Low: 0.636

Prev. Close: 0.696

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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

More News

16 Nov 2021 12:41

Kefi restarts site preparation work at Tulu Kapi

(Sharecast News) - Kefi said on Tuesday that, following permission from security authorities, site preparations for project launch had restarted for the Tulu Kapi Gold Project, majority-owned via its subsidiary Tulu Kapi Gold Mines Share Company (TKGM).

16 Nov 2021 11:45

IN BRIEF: Kefi restarts Tulu Kapi preparations, expects mining in 2023

10 Nov 2021 18:22

TRADING UPDATES: Permanent TSB sells loan portfolio; Dekel output up

3 Nov 2021 16:46

IN BRIEF: Kefi gains confirmation of Tulu Kapi licence tenure to 2035

1 Nov 2021 18:21

IN BRIEF: KEFI Gold arranges remobilisation to Tulu Kapi project

25 Oct 2021 14:17

KEFI reveals recent Ethiopia issues involved kidnapping of project staff

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer KEFI announced a positive resolution to the recent security situation at its Tulu Kapi gold project on Monday, revealing that the issues involved the kidnapping of four members of the project company's workforce.

25 Oct 2021 11:46

Four abducted workers at Kefi Gold mine in Ethiopia released unharmed

18 Oct 2021 18:13

IN BRIEF: Kefi Gold confirms launch of Tulu Kapi on October 31

30 Sep 2021 13:32

IN BRIEF: Kefi posts widening loss amid Ethiopian mine shutdown

29 Sep 2021 11:55

Kefi shares plummet as security concerns cause delays at Ethiopia mine

29 Sep 2021 11:34

Security concerns arise at KEFI's Tulu Kapi project

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper exploration and development company KEFI announced on Wednesday that, during preparations for the expected October launch of the development phase of its Tulu Kapi gold project, security concerns had arisen.

24 Aug 2021 12:35

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Kefi Gold Share News (KEFI)

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

Kefi restarts site preparation work at Tulu Kapi

IN BRIEF: Kefi restarts Tulu Kapi preparations, expects mining in 2023

TRADING UPDATES: Permanent TSB sells loan portfolio; Dekel output up

IN BRIEF: Kefi gains confirmation of Tulu Kapi licence tenure to 2035

IN BRIEF: KEFI Gold arranges remobilisation to Tulu Kapi project

KEFI reveals recent Ethiopia issues involved kidnapping of project staff

Four abducted workers at Kefi Gold mine in Ethiopia released unharmed

IN BRIEF: Kefi Gold confirms launch of Tulu Kapi on October 31

IN BRIEF: Kefi posts widening loss amid Ethiopian mine shutdown

Kefi shares plummet as security concerns cause delays at Ethiopia mine

Security concerns arise at KEFI's Tulu Kapi project

TRADING UPDATES: IG Design starts year well; Ilika in Stereax progress

Kefi to develop Ethiopian mine using USD356 million funding package

TRADING UPDATES: Topps Tiles improves as curbs ease; Bermele makes buy

Kefi Gold makes solid progress in Ethiopia and Saudi Arabia

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Kefi Gold Share News (KEFI)

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

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