LONDON (Alliance News) - KEFI Minerals PLC Monday said Ethiopia's Ministry of Mines has renewed its exploration licence for the Tulu Kapi gold project until May 2015. KEFI said the ministry also is in the process of renewing the strategic exploration licences adjacent to Tulu Kapi. Th
Read moreGold explorers Nyota Minerals and Kefi Minerals have signed a conditional agreement for Nyota to sell its final 25% interest in the Tulu Kapi Gold Project to Kefi for a total of £1.5m. Under the deal, Nyota will receive £0.75m in cash and 50m new Kefi shares. This will take its stake in Kefi from
Read moreLONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales.
However, the overall market has opened lower, depressed by a group of ex-dividend stocks such as VodafoneRead more
LONDON (Alliance News) - Nyota Minerals Ltd Wednesday said it has entered a deal with KEFI Minerals PLC to sell its remaining 25% in the Tulu Kapi Gold project in Ethiopia for GBP1.5 million in cash and shares, after failing to fund its cash calls for the site. The gold exploration company
Read moreLONDON (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
Read moreLONDON (Alliance News) - Nyota Minerals Ltd Wednesday said it made significant cuts to corporate overheads in the three month ended March 31, 2014. The Australia-based gold exploration and development company with operations in Ethiopia said it made good cuts to corporate overheads in the q
Read moreLONDON (Alliance News) - Nyota Minerals Ltd Monday said SRK Exploration has completed its Competent Person's Report on the company's Northern Block in Ethiopia and there have been no material changes to its previously reported data for the site. The gold exploration company in East Africa s
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