Kefi Gold Share News (KEFI)

Kefi Gold & Copper shares down amid press reports on loss of license

(Alliance News) - Kefi Gold & Copper PLC shares dropped on Monday, as the gold and copper exploration and development company said that local press have "inaccurately" referred to the loss of its Tula Kapi licence in western Ethiopia.

Kefi Gold denies it has lost key licence

(Sharecast News) - Kefi Gold and Copper has dismissed media reports claiming it has lost its Tulu Kapi licence in western Ethiopia.

IN BRIEF: Kefi Gold & Copper makes progress on Saudi Arabia projects

Kefi Gold & Copper PLC - gold and copper exploration and development company focused on Ethiopia and Saudi Arabia - Renews its exploration licence at its Hawiah Copper-Gold project in Saudi Arabia for five years. Company on track to complete new mineral resource estimates and a preliminary feasibility study at Hawiah in the final quarter of 2022. At Jibal Qutman, also in Saudi Arabia, the company continues discussion with the Ministry of Industry & Mineral Resources regarding the outcomes of its licence applications. Begins independent audit of mineral resource estimate, detailed mine planning and more to allow the project to be advanced more rapidly.

IN BRIEF: Kefi Gold & Copper to start full Tulu Kapi construction

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Plans to start full construction at the Tulu Kapi gold project in Ethiopia during the dry season in October this year. It says mining progress over the past month has remained on track. KEFI says it has maintained the full funding syndicate for the project. It plans to sign the funding "Umbrella Agreement" during June to demonstrate the full funding commitment, especially to the Ethiopian Ministry of Mines.

EARNINGS UPDATES: Jadestone boasts record revenue on surging oil price

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

TRADING UPDATES: Belluscura to raise GBP5 million; React buys

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

UK shareholder meetings calendar - next 7 days

IN BRIEF: Kefi Gold & Copper reports good progress on three projects

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Progresses studies targeting recommencement and development at its Jibal Qutman gold project. Says a preliminary feasibility study is underway at its Hawiah copper-gold project, noting progress progress on the underground, open-pit and surface infrastructure designs. Also receives positive assay results from drilling at Hwaiah, returning a weighted-average gold grade of 1.7 grams per tonne. Completes initial drilling at Al Godeyer copper-gold prospect. Says assay from Al Godeyer are pending.

IN BRIEF: Kefi Gold raises GBP8 million from discounted share placing

KEFI Gold & Copper PLC - gold and copper explorer and developer in Ethiopia and Saudi Arabia - Places 1.0 billion in new shares at 0.8 pence each, raising GBP8.0 million. Of this, GBP3.6 million is conditional on shareholder approval. The fresh cash will fund the Tulu Kapi gold project in Ethiopia, exploration works at satellite deposits in the Tulu Kapi district, and the company's share of exploration at the Hawiah gold and copper project in Saudi Arabia. "The placing is to reinforce the rapid advancement of our three advanced projects in Ethiopia and Saudi Arabia," says Chair Harry Anagnostaras Adams.

AIM WINNERS & LOSERS: Naked Wines plans US push; Mosman output rises

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

TRADING UPDATES: Yooma, Love Hemp in UK boost; Peel Hunt tops forecast

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

TRADING UPDATES: Getech wins mining contracts; Bluejay starts drilling

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

TRADING UPDATES: Next Fifteen raises GBP50 million; N Brown sales up

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

TRADING UPDATES: CentralNic expects revenue growth ahead of views

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

Kefi positive on its plans at Ethiopia's Tulu Kapi

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi updated the market on the Tulu Kapi Gold Project on Friday, which is part of the Kefi-operated Ethiopian joint-venture Tulu Kapi Gold Mines Share Company (TKGM).