KEFI Gold and Copper clears "all three large hurdles" in Ethiopia

London, UK

--News Direct--

KEFI Gold and Copper PLC (KEFIKFFLF executive chairman Harry Anagnostaras-Adams speaks to Thomas Warner from Proactive after announcing that all key funding conditions for the Tulu Kapi Gold Mine in Ethiopia have been met, allowing it to proceed with reviews and approvals to unlock a US$390mln project finance package. He says that since February, the company has cleared "all three large hurdles" that had been delaying progress on financing the Tulu Kapi gold mine. He also highlights progress made on KEFI's prospects in Saudi Arabia, where capital markets for mining are "red hot."