Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKefi Gold & Copper Share News (KEFI)

Share Price Information for Kefi Gold & Copper (KEFI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.63
Bid: 0.63
Ask: 0.638
Change: -0.012 (-1.87%)
Spread: 0.008 (1.27%)
Open: 0.642
High: 0.666
Low: 0.63
Prev. Close: 0.642
KEFI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Kefi says Tuly Kapi project progressing towards launch

Wed, 24th Jan 2024 14:15

Kefi Gold & Copper PLC - Cyprus-based gold exploration company, focused on assets in Ethiopia and Saudi Arabia - Says its Tulu Kapi gold project financing agreements are in "near-final form". This comes after Kefi Gold reported earlier this month that its lead lender had approved a conditional final credit committee. The company said that the USD320 million financial packages will go towards its "shovel-ready" Tulu Kapi project in western Ethiopia. The project has already received approval from "key syndicate members", the company said, and Kefi believes that reported actions by the Ethiopian Government indicate its assent. Adds that its 25% owned Jibal Qutman gold and Hawiah copper-gold development projects are undergoing feasibility studies. Kefi also says it is targeting the launch of the projects.

Current stock price: 0.63 pence, down 1.4%

12-month change: down 19%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
11 Jun 2018 10:45

KEFI Minerals Secures Ethiopian Investors For Tulu Kapi Gold Mine

LONDON (Alliance News) - KEFI Minerals PLC shares spiked Monday after it the company reached an agreement with an Ethiopian investment syndicate for 30% of KEFI's wholly-owned operating KEFI a

Read more
15 May 2018 13:12

KEFI Minerals Stays In Contact Amid Changes In Ethiopian Government

LONDON (Alliance News) - Gold mining company KEFI Minerals PLC said on Tuesday it noted the changes in the Ethiopian government on April 2, including a new prime minister and new state minister of

Read more
8 May 2018 13:23

KEFI Minerals Issues Bonds To Fund Ethiopia's Tulu Kapi Project (ALLISS)

LONDON (Alliance News) - KEFI Minerals PLC on Tuesday said it has formally given consent for its bond arranger to place USD160.0 million of listed infrastructure bonds.The bonds, KEFI said,

Read more
13 Feb 2017 09:28

Kefi Minerals to raise £5.62m to develop Ethiopian gold project

(ShareCast News) - Miner Kefi Minerals aims to raise £5.62m from a share and subscription placing in order to develop its gold project in Ethiopia. The AIM-listed company is to raise £600,000 from a share placing of 10.69m shares of 0.33p to be sold at 5.61p each, a subscription by certain directors

Read more
25 Oct 2016 13:58

KEFI Minerals positive about talks with Ethiopian Government

(ShareCast News) - Gold exploration and development company KEFI Minerals provided an update on its discussions with the Government of Ethiopia on Tuesday, over various aspects involved in formalising the agreements for the development of the Tulu Kapi Gold Project. The AIM-traded firm confirmed tha

Read more
13 Jul 2016 08:59

KEFI Minerals Prepares For Gold Production With Board Reshuffle

Read more
6 Jul 2016 09:33

New Nyota Minerals Board Makes Cost Savings Top Priority

Read more
30 Jun 2016 10:34

KEFI Minerals Looks To Finalise Approvals For Tulu Kapi Gold Project

Read more
23 Jun 2016 15:08

UK Shareholder Meetings Calendar - Next 7 Days

Read more
7 Jun 2016 09:43

KEFI Minerals Signs New Tulu Kapi Contractor As Loss Narrows In 2015

Read more
2 Jun 2016 13:51

Kefi Minerals further cuts Tulu Kapi funding requirements

(ShareCast News) - Shares in Kefi Minerals are down about 5% as it further cut the funding requirements and finance costs for developing the Tulu Kapi Gold Project in Ethiopia. The Saudi Arabia- and Ethiopia-facing gold exploration and development firm said it remained on track to execute syndicated

Read more
2 Jun 2016 06:53

KEFI Continues To Optimise Tulu Kapi Plan As Funding Requirements Fall

Read more
16 May 2016 14:05

KEFI says Ethiopia to invest $20m for equity in Tulu Kapi Gold Project

(ShareCast News) - KEFI Minerals said the Government of Ethiopia has formally committed to invest $20m for equity in the Tulu Kapi Gold Project. The money would go to roads, power and certain other associated infrastructure required by the project. The investment would see the Government of Ethiopia

Read more
16 May 2016 08:06

Ethiopian Government Invests USD20 Million Into KEFI's Tulu Kapi Asset

Read more
11 Apr 2016 10:18

KEFI Believes Tulu Kapi Can Generate Enough Cash To Pay Dividends (ALLISS)

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.