News Results for KEFI Minerals (KEFI)

  • 12 Nov
    13:21
    Kefi Minerals reports encouraging early drilling results at Hawiah in Saudi Arabia

    Kefi Minerals reported 'encouraging' results at the start of ta scout drilling programme at its Hawiah exploration Licence in Saudi Arabia. Assay results for the first drill hole have been...

  • 23 Oct
    09:10
    Kefi minerals hails drilling results as 'massive' sulphide intersected at Hawiah prospect in Saudi Arabia

    Gold exploration and development company Kefi Minerals said drilling had intercepted 'massive' levels of sulphide, confirming signs of copper at its Hawiah exploration licence in Saudi Arabia....

  • 30 Sep
    09:51
    KEFI commences drilling in Saudi Arabia

    KEFI Minerals, the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has updated on exploration activities at...

  • 27 Aug
    13:34
    Kefi Minerals to present with Ethiopian government at Australian conference

    Kefi Minerals said it was presenting at a business conference in Australia alongside representatives from the Ethiopian government and private sector partner there ANS mining. The representatives...

  • 05 Aug
    09:40
    Kefi Minerals restructures loan facility; hails significant progress on ground at gold project in Ethiopia

    Gold exploration and development company Kefi Minerals announced a restructuring of its loan facility. The company also said 'significant' progress on the ground continued at its Tulu Kapi Gold...

  • 01 Jul
    14:10
    Director Deals - KEFI Minerals PLC (KEFI)

    Harry Anagnostaras-Adams, Chairman, bought 1,431,939 shares in the company on the 1st July 2019 at a price of 1.44p. The Director now holds 14,169,787 shares. Story provided by...

  • 24 Jun
    13:22
    Kefi Minerals ups security at Tulu Kapi project in Ethiopia following coup attempt

    Kefi Minerals said it had upped security at its Tulu Kapi gold project in Ethiopia as a precautionary measure following a foiled coup attempt in another part of the country. The incident occurred...

  • 21 Jun
    08:28
    KEFI Minerals starts ground work on Saudi Arabian gold project

    Gold exploration firm KEFI Minerals has started field work on its Hawiah Prospect in Saudi Arabia. Modelling of these geophysical survey results should provide a robust interpretation of the...

  • 05 Jun
    13:54
    Kefi Minerals books annual loss amid Ethiopia project delays

    Kefi Minerals booked a full-year loss as it attempted to progress its delayed flagship Tulu Kapi project in Ethiopia. Pre-tax losses for the year through December amounted to £5.0m, compared to...

  • 16 Apr
    09:02
    Kefi Minerals issues quarterly update

    Gold exploration and development company KEFI Minerals issued its quarterly operational update for the period from 1 January 2019 to 31 March 2019. TULU KAPI GOLD PROJECT IN ETHIOPIA Government:...

  • 13 Mar
    14:55
    Kefi Minerals progresses financing plans as Ethiopia approves Tulu Kapi gold mine

    Kefi Minerals said it had progressed financing plans following the Ethiopian Government's commitments to allow its Tulu Kapi gold project's infrastructure financing and overall development plan to...

  • 25 Jan
    09:46
    KEFI Minerals says progress made on Tulu Kapi Gold project in Ethiopia

    KEFI Minerals said Friday progress had made to get construction of its Tulu Kapi Gold project underway after its Ethiopian private-sector partner ANS had increased its stake in the company's...

  • 06 Nov
    14:32
    Kefi Minerals expects to increase Ethiopian exploration acreage seven-fold

    Kefi Minerals said it expected its Ethiopian exploration tenements to be expanded seven-fold, based on advice it had received from the African nation's mining ministry. The expansion to around...

  • 29 Oct
    14:16
    Kefi Minerals ramps up preparatory work at Ethiopia gold project

    Kefi Minerals said it had escalated preparatory field activities at its Tulu Kapi gold project in Ethiopia since authorities had confirmed their intention to expedite community resettlement....

  • 04 Sep
    14:27
    Kefi Minerals gets key government approvals for Ethiopia gold mine

    Kefi Minerals said it had received key development and financing policy approvals for its Tulu Kapi gold project from the Ethiopian government. The development had now received Ethiopian central...

  • 24 Aug
    13:26
    Kefi Minerals says Ethiopian investors to pour up to $35m into its projects

    Mining small cap Kefi Minerals said a consortium of Ethiopian investors had agreed to help fund its projects in the country by providing between $30m and $35m. A first payment of $9m was subject...

  • 20 Jul
    13:10
    Kefi Minerals splits chairman and managing director roles

    Gold explorer Kefi Minerals said it had promoted deputy chairman Mark Wellesley-Wood to the role of chairman. Executive chairman Harry Anagnostaras-Adams would assume the role of managing...

  • 15 Jun
    08:00
    Broker Forecast - Cantor Fitzgerald issues a broker note on KEFI Minerals PLC

    Cantor Fitzgerald today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and cut its price target to 15p (from 22p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 11 Jun
    08:00
    Ethiopian syndicate acquires 30% stake in Kefi Minerals' Tulu Kapi gold project

    Emerging gold producer KEFI Minerals said Monday an Ethiopian investment syndicate struck an agreement to acquire a 30% stake in the company's Tulu Kapi Gold project for $30m. Following closing...

  • 16 May
    12:30
    Broker Forecast - RFC Ambrian issues a broker note on KEFI Minerals PLC

    RFC Ambrian today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and raised its price target to 5.60p (from 5p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 15 May
    14:28
    Kefi Minerals expects to issue bond with 7% coupon for Ethiopia project

    Kefi Minerals said market soundings indicated that a bond associated with the funding of its Tulu Kapi gold project in Ethiopia would have a coupon of around 7%. The bond would be of the 'senior...

  • 09 May
    10:50
    Broker Forecast - Cantor Fitzgerald issues a broker note on KEFI Minerals PLC

    Cantor Fitzgerald today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and cut its price target to 22p (from 23p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 20 Apr
    14:50
    Broker Forecast - RFC Ambrian issues a broker note on KEFI Minerals PLC

    RFC Ambrian today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and cut its price target to 5p (from 6.80p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 20 Apr
    13:55
    Kefi Minerals gets home resettlement nod for Ethiopia gold mine

    Kefi Minerals said home resettlement arrangements in Ethiopia had been finalised with the government, paving the way for the development of its Tulu Kapi gold mine. The company said it would now...

  • 05 Feb
    14:24
    Kefi Minerals applies for exploration approvals in Ethiopia, Saudi Arabia

    Kefi Minerals said it had assembled and submitted applications for over 1,000 square kilometers of copper and gold tenements near the company's Tulu Kapi development project in Ethiopia. It had...

  • 18 Jan
    08:24
    KEFI gives operational update

    KEFI Minerals said the focus in the quarter to the end of December had been preparing project funding and development of the Tulu Kapi gold project in Ethiopia with its partner the government of...

  • 28 Nov
    08:40
    Ethiopia court dismisses all claims against KEFI

    The Federal Supreme Court of Ethiopia has eliminated KEFI's potential liability regarding an inherited claim for damages. This follows a judgement earlier this year that reduced the company's...

  • 27 Nov
    08:00
    KEFI sees progress on Tulu Kapi financing

    KEFI Minerals has confirmed that it has made considerable progress towards finalising the US$140 million infrastructure finance lease facility for the development of the Tulu Kapi gold project....

  • 31 Oct
    09:12
    KEFI updates financial projections

    KEFI Minerals has announced updated financial projections reflecting plans to expand production. It said that in the meantime, it continued to prepare for finance closing with mandated financier...

  • 25 Oct
    09:04
    KEFI presentation at Arab mining conference

    KEFI Minerals said it delivered a presentation - 'KEFI: Emerging Leader in the Arabian-Nubian Shield' - at The Arab Mining International Conference and Exhibition on Mining, Minerals and Materials...

  • 23 Oct
    07:23
    KEFI plans large exploration programme for Tulu Kapi

    KEFI Minerals has received confirmation from the Ethiopian ministry of mines, petroleum and natural gas that the Tulu Kapi District area proposed to be explored by KEFI has been set aside with the...

  • 03 Oct
    09:26
    KEFI to present at The Mining Show in Dubai

    KEFI Minerals will be delivering a presentation, 'KEFI: Emerging Leader in the Arabian-Nubian Shield', at The Mining Show being held in Dubai today. It said a full PDF version of the...

  • 29 Aug
    08:11
    KEFI pleased with progress at Tulu Kapi

    KEFI Minerals is very pleased with the progress being made at Tulu Kapi gold project in Ethiopia having agreed with its partners both the execution plan to close the required financing and the...

  • 29 Aug
    07:04
    FLASH: KEFI pleased with progress at Tulu Kapi

    Story provided by StockMarketWire.com

  • 16 Aug
    08:10
    Broker Forecast - Cantor Fitzgerald issues a broker note on KEFI Minerals PLC

    Cantor Fitzgerald today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and cut its price target to 23p (from 26p). Story provided by StockMarketWire.com

  • 07 Aug
    07:35
    KEFI welcomes lifting of Ethiopia state of emergency

    KEFI Minerals said it was pleased to note that the government of Ethiopia had announced the lifting of the state of emergency implemented in October 2016, following a vote in the country's...

  • 07 Aug
    07:12
  • 17 Jul
    15:10
    Broker Forecast - RFC Ambrian issues a broker note on KEFI Minerals PLC

    RFC Ambrian today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and raised its price target to 9p (from 8.80p). Story provided by StockMarketWire.com

  • 17 Jul
    09:27
    KEFI update on Tulu Kapi project funding

    KEFI Minerals has signed a mandate letter and heads of terms for US$135m of project funding with Oryx Management to finance and operate all the on-site infrastructure at the company's Tulu Kapi...

  • 29 Jun
    13:15
    All resolutions passed at AGM of KEFI Minerals

    KEFI Minerals has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:15pm: (LON:KEFI) KEFI Minerals PLC share price was +0.16p at 4.68p Story...

  • 15 Jun
    08:50
    Broker Forecast - Cantor Fitzgerald issues a broker note on KEFI Minerals PLC

    Cantor Fitzgerald today initiates coverage of KEFI Minerals PLC (LON:KEFI) with a buy investment rating and price target of 26p. Story provided by StockMarketWire.com

  • 25 May
    08:20
    Broker Forecast - RFC Ambrian issues a broker note on KEFI Minerals PLC

    RFC Ambrian today reaffirms its buy investment rating on KEFI Minerals PLC (LON:KEFI) and raised its price target to 10.50p (from 8.80p). Story provided by StockMarketWire.com

  • 05 May
    09:12
    KEFI and Ethiopia government ink Tulu Kapi deal

    KEFI Minerals has signed a shareholder agreement with the government of Ethiopia for the Tulu Kapi gold mine project. KEFI said its wholly-owned subsidiary, KEFI Minerals (Ethiopia), and the...

  • 05 May
    07:09
  • 02 May
    09:50
    Court slashes $12m claim against KEFI to $600k

    A $12m damages claim against KEFI Minerals has been reduced to a potential liability of $600,000 by the Oromia Regional Supreme Court. KEFI said the $12m claim, which was lodged in 2014, was based...

  • 26 Apr
    09:08
    KEFI finalises Tulu Kapi resettlement plan

    KEFI Minerals and the Ethiopia government have finalised resettlement arrangements for the Tulu Kapi community which the company has described as a vital step ahead of starting construction at the...

  • 26 Apr
    07:04
    FLASH: KEFI update on Tulu Kapi project

    Story provided by StockMarketWire.com

  • 31 Mar
    07:14
    FLASH: KEFI gives operational update

    Story provided by StockMarketWire.com

  • 01 Mar
    13:01
    KEFI share consolidation approved

    KEFI Minerals has announced that, following today's General Meeting, shareholders will receive one New Ordinary Share of nominal value 1.7p for every 17 Existing Ordinary Shares of nominal value...

  • 02 Feb
    14:32
    KEFI presenting at Mining Indaba conference

    KEFI Minerals has confirmed that Harry Anagnostaras-Adams, Executive Chairman of the Company, will be meeting with investors and bankers at functions associated with the Mining Indaba conference in...

  • 10 Jan
    15:55
    Mining Roundup

    Central Rand Gold (LON:CRND) has agreed a $1m loan with Jia Bang Wang. The loan will be provided in two tranches, with the first tranche of US$500 000 having already been received by the company...

  • 20 Dec
    16:27
    Mining Roundup

    Goldplat (LON:GDP), the AIM quoted African gold producer, has received confirmation that its Ghanaian licence to purchase and deal in gold has been renewed for a period of three years. Gold...

  • 20 Dec
    16:14
    KEFI Minerals gives operational update

    KEFI Minerals has issued an update for the period from 1 October to 19 December which encompasses the activities of KEFI Minerals (Ethiopia) Ltd in Ethiopia and Gold & Minerals Ltd in Saudi...

  • 09 Nov
    15:59
    Mining Roundup

    Rio Tinto (LON:RIO) has contacted regulatory authorities in the US and UK over the discovery of contractual payments totalling $10.5m to a consultant providing "advisory services" on the Simandou...

  • 09 Nov
    07:48
    KEFI gives update on Tulu Kapi project

    KEFI Minerals has issued an update on the Tulu Kapi gold project provided to project financiers during their site visits this week. These visits follow far-reaching government actions recently....

  • 09 Nov
    07:09
    FLASH: KEFI gives Tulu Kapi update

    Story provided by StockMarketWire.com

  • 25 Oct
    16:18
    Mining Roundup

    Anglo American's (LON:AAL) shares were up in late trading after it said operational improvements continue across the portfolio, delivering a 4% production increase on a copper equivalent basis in...

  • 25 Oct
    07:45
    KEFI updates on talks with Ethiopia government

    KEFI Minerals has issued an update on its discussions with the government of Ethiopia on various aspects involved in formalising the agreements for the development of the Tulu Kapi gold project....

  • 25 Oct
    07:08
    FLASH: KEFI updates on talks with Ethiopia government

    Story provided by StockMarketWire.com

  • 18 Oct
    16:14
    Mining Roundup

    DiamondCorp's (LON:DCP) shares soared after mining resumed at the Lace diamond mine and also announced that it has put itself up for sale. Mining resumed at Lace after the Section 54 underground...

  • 18 Oct
    09:54
    KEFI Minerals gives operational update

    KEFI Minerals has issued an update for its operations in Ethiopia and Saudi Arabia. Corporate: - Raised £3.8 million (US$5 million) primarily for project finance for the scheduled...

  • 26 Sep
    16:11
    Mining Roundup

    Greatland Gold (LON:GGP) has agreed to acquire the Havieron gold project in Western Australia for an initial payment of A$25,000 in cash and 65,490,000 ordinary shares (approximate value...

  • 26 Sep
    09:06
    KEFI Minerals losses rise

    KEFI Minerals - which has projects in Ethiopia and Saudi Arabia - posts a pre-tax loss of £1.9m for the six months to the end of June - up from £1.6m last time. KEFI said that despite the...

  • 26 Sep
    07:12
    FLASH: KEFI losses widen

    Story provided by StockMarketWire.com

  • 05 Sep
    16:28
    KEFI gives operational update

    KEFI Minerals has issued an operational update for the period from 1 July to 31 August. The update encompasses the activities of KEFI Minerals (Ethiopia) Ltd in Ethiopia and Gold & Minerals Ltd...

  • 05 Sep
    16:20
    Mining Roundup

    Amur Minerals Corporation (LON:AMC) has signed a non-binding letter of intent with IG Copper LLC to investigate potential synergies in processing the companies' respective sulphide concentrates....

  • 10 Aug
    16:18
    Mining Roundup

    Centamin's (LON:CEY) gold production rose to 140,306 ounces in the second quarter - 12% up on the previous three months and 30% higher than a year ago. EBITDA rose to US$101.6 million - up 51% on...

  • 10 Aug
    09:02
    KEFI appoints joint broker

    KEFI Minerals has appointed RFC Ambrian as joint broker with immediate effect. At 9:02am: (LON:KEFI) KEFI Minerals PLC share price was 0p at 0.56p Story provided by StockMarketWire.com

  • 13 Jul
    16:08
    Mining Roundup

    Edenville Energy's (LON:EDL) shares were up in late trading after it issued an update on its Rukwa coal to power project, in south-west Tanzania. Edenville says work has started on the next stage...

  • 13 Jul
    08:57
    KEFI board restructure

    KEFI Minerals' board is being restructured as from August as part of the company's transition towards gold production. It is intended that Mark Wellesley-Wood, experienced African mining...

  • 13 Jul
    07:04
    FLASH: KEFI board restructure

    Story provided by StockMarketWire.com

  • 07 Jun
    16:19
    Mining Roundup

    Herencia (LON:HER) was the sector's biggest riser after it secured funding of up to $150,000 while the proposed sale of its 70% interest in Paguanta with Golden Rim Resources continues. Herencia...

  • 07 Jun
    15:43
    KEFI Minerals schedules AGM

    KEFI Minerals will hold its annual general meeting at The Montague on The Gardens Hotel, 15 Montague Street, London, WC1B 5BJ, on 30 June at 11 a.m. At 3:43pm: (LON:KEFI) KEFI Minerals PLC share...

  • 07 Jun
    07:51
    KEFI losses narrow

    KEFI Minerals posts an operating loss of £22,837,000 for the year to the end of December - down from £23,500,000 in 2014. Revenues were nil - unchanged from last time . The pre-tax loss fell to...

  • 07 Jun
    07:08
    FLASH: KEFI losses narrow

    Story provided by StockMarketWire.com

  • 02 Jun
    16:04
    Mining Roundup

    Beowulf (LON:BEM) was one of the sector's biggest risers after Sweden's Mining Inspectorate has awarded the company an exploration licence for Atvidaberg nr 1, with the company focusing on the...

  • 02 Jun
    08:47
    KEFI reduces funding requirements for Tulu Kapi

    KEFI Minerals has further reduced the funding requirements and finance costs for the development of the Tulu Kapi gold project in Ethiopia. The company remains on track to execute syndicated...

  • 02 Jun
    07:19
    FLASH: KEFI reduces funding requirements for Tulu Kapi

    Story provided by StockMarketWire.com

  • 16 May
    16:02
    Mining Roundup

    Lonmin (LON:LMI) reports significant progress on its business plan in the six months to the end of March following a successful refinancing. EBITDA for the period was $36 million against a loss of...

  • 16 May
    08:51
    Ethiopia to invest $20m in Tulu Kapi, says KEFI

    KEFI Minerals has received formal confirmation from the government of Ethiopia of its commitment to invest US$20 million for equity in the Tulu Kapi gold project. This investment will provide the...

  • 25 Apr
    13:11
    KEFI presenting at UK Investor Show

    KEFI Minerals non-executive director Norman Ling will be representing the company at the UK Investor Show 2016 at the Queen Elizabeth II Conference Centre in Westminster, London, on 30 April. Ling...

  • 11 Apr
    07:57
    KEFI making 'solid progress'

    KEFI Minerals reports announce another quarter of solid progress, in particular with the Tulu Kapi project in Ethiopia where it has made significant advances towards becoming a gold producer. It...

  • 11 Apr
    07:12
    FLASH: KEFI gives operational update

    Story provided by StockMarketWire.com

  • 22 Mar
    15:58
    Mining Roundup

    Churchill Mining's (LON:CHL) shares were up in late trading despite losses for the six months to the end of December rising to USD1,858,975 or 1.39c per ordinary share (half year Dec 2014:...

  • 22 Mar
    07:47
    KEFI raises GBP1.75m

    KEFI Minerals has conditionally raised approximately GBP1.75 million, before expenses, through the issue of 499,359,791 new ordinary shares at 0.35p by way of a placing through Brandon Hill Capital...

  • 22 Mar
    07:17
    FLASH: KEFI placing to raise GBP1.75m

    Story provided by StockMarketWire.com

  • 08 Mar
    15:54
    Mining Roundup

    KEFI Minerals' (LON:KEFI) shares were up in late trading after revealing positive results of the preliminary economic assessment of the underground mining potential at the Tulu Kapi gold project...

  • 08 Mar
    09:08
    KEFI reveals underground potential at Tulu Kapi

    KEFI Minerals reveals positive results of the preliminary economic assessment of the underground mining potential at the Tulu Kapi gold project underneath the planned open pit. KEFI says there is...

  • 29 Feb
    16:06
    Mining Roundup

    Ormonde Mining's (LON:ORM) shares were down in late trading after it provided an update on progress at the Barruecopardo Tungsten Project in Salamanca, Spain. HIGHLIGHTS: � 100% of Priority 1 1...

  • 29 Feb
    08:15
    Tulu Kapi on track, says KEFI

    KEFI Minerals says its Tulu Kapi gold project in Ethiopia remains on track for financing mid-2016 and production end-2017. Operational Progress: - FEED (Front-End Engineering and Design)...

  • 29 Feb
    07:11
    FLASH: Tulu Kapi on track, says KEFI

    Story provided by StockMarketWire.com

  • 08 Feb
    08:03
    KEFI to present at Mining Indaba

    KEFI Minerals executive chairman Harry Anagnostaras-Adams,head of operations Wayne Nicoletto and non-executive director Norman Ling will be meeting with investors and bankers at the Mining Indaba...

  • 08 Feb
    07:08
    FLASH: KEFI to present at Mining Indaba

    Story provided by StockMarketWire.com

  • 03 Feb
    16:03
    Mining Roundup

    Thor Mining's (LON:THR) shares jumped after it confirmed that, in respect of the sale of its Spring Hill Gold Project for an initial A$3.5m, the acquirer, PC Gold, has completed its technical due...

  • 03 Feb
    07:50
    KEFI selects preferred bankers for Tulu Kapi

    KEFI Minerals has selected its preferred senior secured lenders for the Tulu Kapi gold project in Ethiopia. The lenders, a leading African mining bank and a leading African development bank,...

  • 03 Feb
    07:11
    FLASH: KEFI selects Tulu Kapi preferred bankers

    Story provided by StockMarketWire.com

  • 13 Jan
    16:08
    Mining Roundup

    Turkey-focused Ariana Resources (LON:AAU) was the sector's biggest riser in late trading after it announced that it remains on track for its maiden gold pour during the second half of this year....

  • 13 Jan
    09:15
    KEFI update on development and financing plan

    KEFI Minerals reports progress on the development and financing plan for the Tulu Kapi gold project. This follows feedback from the financiers who have now been engaged and other recent...

  • 13 Jan
    07:16
    FLASH: KEFI update on development and financing plan

    Story provided by StockMarketWire.com

  • 30 Dec
    07:16
    KEFI's strength

    KEFI Minerals has finished the year in a strong position and eagerly looks forward to reporting further progress in 2016, chairman Harry Anagnostaras-Adams says in an operational update. He said:...

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