Kefi Gold & Copper Share News (KEFI)

Kefi Minerals Increases Targeted Production Rate At Tulu Kapi

LONDON (Alliance News) - Kefi Minerals PLC Wednesday said it has increased the targeted open pit mine production at its newly acquired Tulu Kapi gold project in Ethiopia. The gold and copper exploration and development company, with operations in Saudi Arabia and Ethiopia, said its targeted

Kefi Minerals Pretax Loss Widens On Costs

LONDON (Alliance News) - Kefi Minerals PLC Monday said its pretax loss widened in 2013 due to higher costs but the company continues to move towards production in 2016. The gold and copper exploration and development company, with operations in Saudi Arabia and Ethiopia, said its pretax los

KEFI Minerals Says Drilling Programme Underway At Tulu Kapi

LONDON (Alliance News) - KEFI Minerals PLC Tuesday said that its two-month drilling programme at the Tulu Kapi gold project in western Ethiopia is underway, and it anticipates a 1.2 million metric tonnes per annum production rate, at higher grades than previously planned. The company manage

KEFI Minerals targets reactivation of Tulu Kapi in 2015

With a two-month drilling programme under way, KEFI Minerals said it has begun moving its focus from exploration to development. Having acquired the Tulu Kapi gold project in Western Ethiopia in December the AIM-listed company immediately re-opened it with a view of reactivating the Mining Licence

Tuesday broker round-up UPDATE

African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains

Nyota Minerals Announces Retirements, Shareholders Vote Against Remuneration Plan

LONDON (Alliance News) - Nyota Minerals Ltd said Monday, non-executive Directors Norman Ling and Neil Maclachlan have retired from the board, as previously announced, as shareholders vote against remuneration plan. The gold exploration and development company said the departures are integra

Nyota Minerals evaluating new assets after Tulu Kapi sell-down

Ethiopia-focused gold miner Nyota Minerals said it is looking to evaluate new assets to add to its portfolio after selling off the bulk of its stake in the Tulu Kapi Gold Project during the first half. Nyota sold 75% of its Ethiopian subsidiary, which owns Tulu Kapi, to AIM-listed KEFI Minerals for

UK MIDDAY BRIEFING: More Of The Same, Just Better From Pru

LONDON (Alliance News) - Prudential is the biggest gainer on the FTSE 100 Wednesday after the insurer's closely-watched operating profit grew by 17%, driven by its US and Asian operations, while G4S has plummeted after it reported a loss and finally settled wi

UK WINNERS & LOSERS: Ex-Dividend Stocks Weigh On FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

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FTSE 100 - WINNERS

Prudential, up 4%. The group reported a sharp fall in 2013 pretax prof

KEFI Minerals Increases Resources At Tulu Kapi In Ethiopa

LONDON (Alliance News) - KEFI Minerals PLC Wednesday said it has increased the total JORC compliant resources at its newly acquired Tulu Kapi project in Ethiopia. The gold and copper exploration and development company, with operations in Saudi Arabia and Ethiopia, updated its total indicat

KEFI Minerals firms up size of Saudi gold resource

Gold and copper explorer KEFI Minerals has increased the size of one if its Saudi Arabian projects and has been able to reclassify the resource from the inferred category to the indicated. The Jibal Qutman project has been raised 3.2% to a JORC-compliant total indicated resource of 495,194 oz of go

KEFI Minerals Increases Gold Resource At Jibal Qutman In Saudi Arabia

LONDON (Alliance News) - KEFI Minerals PLC Thursday said it has upgraded the gold resource at its 40%-owned Jibal Qutman Project in Saudi Arabia following further drilling. The gold and copper exploration and development company, with operations in Saudi Arabia and Ethiopia, said its resour

Nyota Minerals Develops New Strategy In Ethiopia

LONDON (Alliance News) - Nyota Minerals Ltd Monday developed a renewed strategy to focus on exploration, following the sale of a majority stake in its Tulu Kapi project in Ethiopia during December. The gold exploration and development company said its initial focus is exploration at its 100

KEFI Minerals Says Drilling Still Expanding Mineralisation At Jibal Qutman

LONDON (Alliance News) - KEFI Minerals said Tuesday that its drilling programme at its 40%-owned Jibal Qutman prospect in Saudi Arabia had continued to expand the mineralisation zone found at the project, as it progresses towards its first mining lease application. On-going drill and trench

Nyota Minerals Completes Sale Of Ethiopia Stake To KEFI Minerals