16th Nov 2021 11:45
Kefi Gold & Copper PLC - Tulu Kapi gold project in Ethiopia - Recommences site preparations for the Tulu Kapi launch following permission from the security authorities. This includes district inspections by assessors for the financing syndicate and consultations with the community. Kefi says it expects to start mining and commission the plant in late 2023. The launch, previously scheduled for October 31, had been set back in late October when four workers were abducted while inspecting traffic routes for Tulu Kapi. They were later released. Kefi says its mining license is in good standing until 2035, subject to project finance being confirmed by January 31 next year.
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By Evelina Grecenko; [email protected]
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