13th Apr 2015 06:22
LONDON (Alliance News) - KEFI Minerals PLC confirmed media reports that it will sign the mining agreement for the Tulu Kapi gold project with the Ministry of Mines in the Democratic Republic of Ethiopia on Monday.
The mining agreement will include a 20-year mining license which fully permits the development and operation of the Tulu Kapi gold project. The agreement is expected to be signed at 1400 BST on Monday, it said.
KEFI said it will now focus on applying for ancillary licenses and authorisation for things such as power and transportation.
By Joshua Warner; [email protected]; @JoshAlliance
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