(1 minute read)
· KEFI Minerals, an exploration and development company focused
on gold and copper deposits, assured that it would begin major site
activities in its Tulu Kapi gold project in Ethiopia.
· KEFI Minerals managed to infuse as equity US$4.48 million
recently to keep going with its Tulu Kapi project preparations in
Ethiopia, despite the challenges COVID-19 posed.
KEFI Minerals, an exploration and development company focused on gold
and copper deposits assured The company said it would commission its
Hawiah mineral resources project well within the time without any time
run due to the pandemic.
KEFI Minerals managed to infuse as equity US$4.48 million recently
to keep going with its Tulu Kapi project preparations in Ethiopia,
despite the challenges COVID-19 posed. The company is also expecting
funding from the private sector in Ethiopia. What that has helped in
infusing funds into the company was the higher gold prices. Experts
say gold prices will continue to pick up globally due to slump in oil
and real estate. To hedge against risks and wild fluctuations in the
prices of these sectors, people may invest in gold for assured returns
at least for some time.
