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KEFI Secures US$240 Million for Tulu Kapi Gold Project

Story Highlights
  • KEFI Gold and Copper focuses on gold and copper exploration in Ethiopia and Saudi Arabia.
  • KEFI secured US$240 million for its Tulu Kapi project, advancing its development in Ethiopia.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KEFI Secures US$240 Million for Tulu Kapi Gold Project

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KEFI Minerals ( (GB:KEFI) ) has shared an update.

KEFI Gold and Copper PLC has secured a US$240 million debt offering for its Tulu Kapi Gold Project in Ethiopia, marking significant progress in its development. The project, which adheres to international ESG standards, is expected to enhance Ethiopia’s gold sector and has attracted substantial local and international investment interest, with commitments exceeding the required equity-risk capital.

More about KEFI Minerals

KEFI Gold and Copper PLC is a gold and copper exploration and development company focused on the Arabian-Nubian Shield, with projects in Ethiopia and Saudi Arabia.

Average Trading Volume: 84,400,169

Technical Sentiment Signal: Buy

Current Market Cap: £163.2M

For an in-depth examination of KEFI stock, go to TipRanks’ Overview page.

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