EARNINGS UPDATES: Kefi tips bright outlook; Keras bets on Togo license
(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Receives two exploration licences issued for the development of the Jibal Qutman Gold project in Saudi Arabia. Says the Jibal Qutman North and Jibal Qutman Southeast exploration licences have been issued on an initial five-year term and cover 174 kilometres. Expects the award of the final Jibal Qutman exploration licence "shortly". Anticipates construction to start mid-2023 and first gold at the end of 2024. Read More
Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Says the Tigrayan rebel leadership has called for a permanent ceasefire in Ethiopia. On Sunday, the communique asked for mediation by the African Union and participation in the national reconciliation process already being arranged by the Federal Government of Ethiopia, the company adds. Read More
Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - For the Jibal Qutman project in Saudi Arabia, land access issues halting the mine development application in 2016 have been resolved, paving the way for a potential mining licence being granted. Read More
Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Says field activities at the Tulu Kapi gold project in Ethiopia have continued to build ahead of full project launch. Company says it is "keen" to re-commence its exploration of additional prospects at the project but is awaiting regulatory permission. As a result, Kefi switches focus to Saudi Arabia with its Jibal Qutman and Hwaiah projects. Read More
(Alliance News) - Kefi Gold & Copper PLC on Tuesday said it won two additional exploration licences in Saudi Arabia through a joint venture. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Kefi Gold & Copper PLC shares dropped on Monday, as the gold and copper exploration and development company said that local press have "inaccurately" referred to the loss of its Tula Kapi licence in western Ethiopia. Read More
Kefi Gold & Copper PLC - gold and copper exploration and development company focused on Ethiopia and Saudi Arabia - Renews its exploration licence at its Hawiah Copper-Gold project in Saudi Arabia for five years. Company on track to complete new mineral resource estimates and a preliminary feasibility study at Hawiah in the final quarter of 2022. At Jibal Qutman, also in Saudi Arabia, the company continues discussion with the Ministry of Industry & Mineral Resources regarding the outcomes of its licence applications. Begins independent audit of mineral resource estimate, detailed mine planning and more to allow the project to be advanced more rapidly. Read More
Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Plans to start full construction at the Tulu Kapi gold project in Ethiopia during the dry season in October this year. It says mining progress over the past month has remained on track. KEFI says it has maintained the full funding syndicate for the project. It plans to sign the funding "Umbrella Agreement" during June to demonstrate the full funding commitment, especially to the Ethiopian Ministry of Mines. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Progresses studies targeting recommencement and development at its Jibal Qutman gold project. Says a preliminary feasibility study is underway at its Hawiah copper-gold project, noting progress progress on the underground, open-pit and surface infrastructure designs. Also receives positive assay results from drilling at Hwaiah, returning a weighted-average gold grade of 1.7 grams per tonne. Completes initial drilling at Al Godeyer copper-gold prospect. Says assay from Al Godeyer are pending. Read More
KEFI Gold & Copper PLC - gold and copper explorer and developer in Ethiopia and Saudi Arabia - Places 1.0 billion in new shares at 0.8 pence each, raising GBP8.0 million. Of this, GBP3.6 million is conditional on shareholder approval. The fresh cash will fund the Tulu Kapi gold project in Ethiopia, exploration works at satellite deposits in the Tulu Kapi district, and the company's share of exploration at the Hawiah gold and copper project in Saudi Arabia. "The placing is to reinforce the rapid advancement of our three advanced projects in Ethiopia and Saudi Arabia," says Chair Harry Anagnostaras Adams. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More