https://newsletter.en.creamermedia.com
Copper|Exploration|Gold|Housing|Infrastructure|PROJECT|Underground|Infrastructure
Copper|Exploration|Gold|Housing|Infrastructure|PROJECT|Underground|Infrastructure
copper|exploration|gold|housing|infrastructure|project|underground|infrastructure

Full Tulu Kapi project development to start by year-end – Kefi

The planned layout of the Tulu Kapi mine

The planned layout of the Tulu Kapi mine

17th November 2025

By: Creamer Media Reporter

     

Font size: - +

Gold and copper exploration and development company Kefi Gold and Copper has informed shareholders that full project development at its Tulu Kapi gold project, in Ethiopia, is set to start by the end of this year.

The company noted in a November 17 statement that the project's $340-million project had been finalised, while the $240-million debt portion of the project funding had been approved by the lenders. 

Equity commitments and proposals had also been received in excess of the remaining $100-million of project funding.

Development activities, including works on community housing and plant and infrastructure, would be immediately escalated.

Tulu Kapi is expected to produce 1.2-million ounces of gold over the life of the project. This includes about one-million ounces from the openpit mine and about 200 000 oz from an initial underground operation.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

SAJ Electrics
SAJ Electrics

Smart energy storage solutions for efficient, safe, and profitable power.

VISIT SHOWROOM 
Rio-Carb
Rio-Carb

Rio Carb is an OEM (Original Equipment Manufacturer) of R-C700 Chromium Carbide (CrC) alloy clad wear plates and pipes used for heavy materials...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

An image showing the Africa Trade Engine launch
Pioneering Africa Trade Engine launched to actualise AfCFTA
14th November 2025 By: Tasneem Bulbulia

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.127 0.22s - 186pq - 2rq
Subscribe Now