14th Apr 2021 11:09
Kefi Gold & Copper PLC - gold explorer in Ethiopia and Saudi Arabia - Releases quarterly operational update saying project in Ethiopia remains on track to start production commissioning in the fourth quarter of 2022. Company starts preliminary feasibility study at joint venture-owned Saudi Arabia project, with development potentially starting in 2023.
"We continue to successfully drive for starting full development of our Ethiopian Tulu Kapi gold project in mid-2021...We have also accelerated operations to enable the start of development in 2023 in Saudi Arabia," Executive Chair Harry Anagnostaras-Adams said.
Current stock price: 1.86 pence, down 17% on Wednesday
Year-to-date change: down 1.8%
By Ivan Edwards; [email protected]
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