KEFI Gold and Copper PLC has secured stakeholder approval to proceed with the Tulu Kapi project in Ethiopia, marking a significant milestone since the company’s 2008 focus shift. The land resettlement process is on track, and the project launch is being expedited without risks of blockage.
KEFI Gold and Copper PLC has received the necessary approvals to advance its Tulu Kapi gold project in Ethiopia. Executive Chairman Harry Anagnostaras-Adams highlighted this moment as a pivotal achievement since the company shifted its focus to the Arabian Nubian Shield in 2008. All stakeholders now support the project, allowing it to enter its next phase.
Anagnostaras-Adams assured that there is no risk of delays due to land resettlement, which is progressing with community support and is expected to be finalized in one month. This process involves resettling thousands of individuals and is concurrent with the last steps in project preparations.
He emphasized that the company has exceeded the “point of no return” and is dedicated to expediting the commencement of the project. Detailed information about KEFI’s technical, environmental, and financial studies can be accessed on their official website.
KEFI Gold and Copper has attained crucial approvals for its Tulu Kapi project in Ethiopia, signaling significant progress since its strategic redirection in 2008. With stakeholder backing and community support facilitating the resettlement process, KEFI is poised to advance without delays. This milestone marks a confident step forward in the company’s commitment to launching this important mining project.
Original Source: www.proactiveinvestors.co.uk
