After two years lost to a state of emergency in Ethiopia, a new political order has emerged that has allowed KEFI to progress Tulu Kapi to the point of development. All federal government consents have now been received (including from the National Bank of Ethiopia, Ethiopia’s central bank). This now allows KEFI to trigger the first equity instalment of US$11.4m from its Ethiopian partners into the project, which will fund detailed engineering & procurement (including long lead item
07 Jun 2019
KEFI Minerals - Final government approvals granted
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KEFI Minerals - Final government approvals granted
KEFI Gold and Copper PLC (KEFI:LON) | 0.6 0 (-0.3%) | Mkt Cap: 33.7m
- Published:
07 Jun 2019 -
Author:
Charles Gibson -
Pages:
21
After two years lost to a state of emergency in Ethiopia, a new political order has emerged that has allowed KEFI to progress Tulu Kapi to the point of development. All federal government consents have now been received (including from the National Bank of Ethiopia, Ethiopia’s central bank). This now allows KEFI to trigger the first equity instalment of US$11.4m from its Ethiopian partners into the project, which will fund detailed engineering & procurement (including long lead item