KEFI Gold and Copper PLC (LSE:KEFI) has announced that the signing of its $240 million debt financing package for the Tulu Kapi Gold Project is expected to take place this week, following the resolution of a procedural matter. The total project value of $340 million supports a construction program that is already underway.
With gold prices currently at record highs, the company stands to benefit from a favorable pricing environment that could significantly boost the project’s financial returns and enhance overall stakeholder value.
About KEFI Gold and Copper
KEFI Gold and Copper PLC is a mining exploration and development company with a focus on gold and copper resources. Its core projects are located in Ethiopia and Saudi Arabia, where the company aims to leverage high commodity prices to advance its mining operations and deliver long-term value.
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