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KEFI GoldCopOrd 0.1P (KEFI)

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30-Jun-2020 09:54 AM

Kefi Minerals losses widen on higher costs

Gold exploration and development company Kefi Minerals reported wider losses on rising costs. For the year ended 31 December 2019, pre-tax losses widened to £5.6m from £5m on-year Looking ahead, the company said it would continue to progre
21-Jun-2019 08:28 AM

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 geometry of any possible sulphide mineralisation allowing for a
05-Jun-2019 01:54 PM

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 losses of £6.3m on-year. '2018 was a year
15-Jun-2018 08:00 AM

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 provided by www.sharesmagazine.co.uk...
16-May-2018 12:30 PM

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 provided by www.sharesmagazine.co.uk...
09-May-2018 10:50 AM

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 provided by www.sharesmagazine.co.uk...
20-Apr-2018 02:50 PM

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 provided by www.sharesmagazine.co.uk...
18-Jan-2018 08:24 AM

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 Ethiopia, contractors Lycopodium and Ausdrill/African Mining
28-Nov-2017 08:40 AM

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 liability from US$12m to US$0.6m, which was announ
27-Nov-2017 08:00 AM

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. It said: 'Major milestones achieved included the docum
31-Oct-2017 09:12 AM

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 Oryx Management and the other consortium members the govern
25-Oct-2017 09:04 AM

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 in the Arab World, held in London from 23-24 Oc
23-Oct-2017 07:23 AM

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 intention of being granted to the KEFI group upon commence
29-Aug-2017 08:11 AM

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 project works schedule. It said all VAT refunds had now been
16-Aug-2017 08:10 AM

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-2017 07:35 AM

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 parliament. KEFI said it continued to progress its Tulu Kap
17-Jul-2017 03:10 PM

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-2017 09:27 AM

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 gold project in Ethiopia. KEFI said the planned finan
29-Jun-2017 01:15 PM

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 provided by StockMarketWire.com...
15-Jun-2017 08:50 AM

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-2017 08:20 AM

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-2017 09:12 AM

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 government had signed a shareholders' agreement and other
02-May-2017 09:50 AM

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 on the impact of exploration field activities conducted b
26-Apr-2017 09:08 AM

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 project. KEFI said tasks included property survey and dat
01-Mar-2017 01:01 PM

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 0.1p each. At 1:01pm: (LON:KEFI) KEFI Minerals PLC
 
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