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Project financiers visit KEFI Minerals' Tulu Kapi project

The government has welcomed KEFI's invitation to increase its equity above the US$20mln committed to date

KEFI Minerals plc (LON:KEFI) said financiers of its Tulu Kapi gold project in Ethiopia visited the site this week.

"The Tulu Kapi Gold Project ranks high as national priority within Ethiopia's Growth and Transformation Plan and we are delighted to have the strong support of the community in addition to the support from the Government at all levels,” said executive chairman, Harry Anagnostaras-Adams.

“KEFI continues to carefully advance the development and financing plans for production in 2018 and recent government changes in Ethiopia have reinforced mutual commitment to the project," he added.