KEFI Gold & Copper PLC - gold explorer in Ethiopia and Saudi Arabia - At its annual general meeting, says it remains set to commence development of the Tulu Kapi gold project early in the new year, with production starting in late 2022. Meanwhile, in Saudi Arabia company remains on track to expand the maiden JORC resource at the Hawiah copper-gold discovery.
Notes conflict in northern Ethiopia, but company has been reassured by government remained localised to the region, which is 1,000 kilometres from Tulu Kapi.
Current stock price: 1.80 pence
Year-to-date change: up 50%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Kefi Gold (KEFI)