JOHANNESBURG (miningweekly.com) – Aim-listed gold explorer and developer Kefi Minerals has received approval from Ethiopia’s Ministry of Mines to develop its Tulu Kapi project. The company’s application for the 86 000-oz/y mine was now before the Council of Ministers for approval to execute a mining agreement and to issue the mining licence and full permitting
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By Ian Lyall Proactiveinvestors.co.uk KEFI Minerals (LON:KEFI) has announced it is acquiring the 25% of the Tulu Kapi licence in Ethiopia it doesn’t already own from Nyota Minerals (LON:NYO) for £1.5mln in cash and shares. The deal follows the initial purchase of its majority stake last year for £4.5mln. Kefi also announced plans for a
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The Adyabo gold project in Northern Ethiopia continues to yield strong gold hits for Tigray Resources. Author: Kip Keen Tuesday , 11 Mar 2014 HALIFAX, NS (MINEWEB) - Tigray Resources (TSX-V:TIG) drilled the Da Tambuk target in Northern Ethiopia for the…
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