KEFI Minerals looks to Ethiopia-familiar sources to fund Tulu Kapi

KEFI Minerals looks to Ethiopia-familiar sources to fund Tulu Kapi
The company has elevated its focus onto alternative financiers familiar with Africa and especially Ethiopia

KEFI Minerals plc (LON:KEFI) has reiterated that its Tulu Kapi gold mine in Ethiopia is viable  at a gold price well below current levels and that financing talks are making progress.

(proactiveinvestors.co.uk)  —Three proposals built around alternative project contracting syndicates have been received, said Harry Adams, chairman, at the annual meeting.

He added he was comfortable over the economics of the mine at current gold prices.