Category: mining in Ethiopia

KEFI defines ‘attractive’ gold project at Tulu Kapi in Ethiopia

Mine Web The latest JORC compliant resource figures for the Tulu Kapi project, although showing a small reduction, give KEFI the confidence to proceed with hoped for initial mine development in 2015. Author: Lawrence Williams LONDON (MINEWEB) -  London-listed gold-focused exploration/development company KEFI Minerals (AIM: KEFI) with its principal projects located on the Arabian/Nubian Shield, which is highly

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KEFI Minerals takes full control of Ethiopia gold project in £1.5mln deal

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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