KEFI Gold and Copper
London-listed company KEFI Gold and Copper plc (AIM: KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield.
KEFI Gold and Copper is focused primarily on developing the advanced Tulu Kapi Gold Project in Ethiopia. Tulu Kapi has a Probable Ore Reserve of 1.05 million ounces and Mineral Resources totalling 1.7 million ounces. Planned gold production at Tulu Kapi is forecast to be 140,000 ounces per annum at an All-in Sustaining Cost of circa US$800-900/ounce over the initial seven years of mining the open pit.
KEFI has also been successful in Saudi Arabia where the Company has discovered and delineated gold resources at the Jibal Qutman Gold Project and copper-gold-zinc-silver resources at the Hawiah Copper-Zinc Project. Jibal Qutman and Hawiah are both being advanced towards development and KEFI is also exploring its large portfolio of Exploration Licences in Saudi Arabia.