Business
African Down Under Conference
African Down Under Conference.
About this update from Kefi Gold And Copper Plc
[{"type":"text","content":"\n \nRNS Number : 2742K KEFI Minerals plc 27 August 2019 \n\n27 August 2019\nKEFI Minerals plc\n(\"KEFI\" or the \"Company\")\nAfrican Down Under Conference\n \nKEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to report that, along with representatives of the Government of Ethiopia and the Company's Ethiopian private sector partner ANS Mining, it will be presenting at the African Down Under Conference between 4 September 2019 and 6 September 2019. The corporate presentation being used will be available on the Company's website.\n \n Enquiries\n\n\n\nKEFI Minerals plc\n\n\n\n\n\n\n\nHarry Anagnostaras-Adams (Managing Director)\n\n\n+357 99457843\n\n\n\n\nJohn Leach (Finance Director)\n\n\n+357 99208130\n\n\n\n\n\n\n\n\n\n\n\n\nSP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)\n\n\n+44 (0) 20 3470 0470\n\n\n\n\nJeff Keating, Soltan Tagiev\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBrandon Hill Capital Ltd (Joint Broker)\n\n\n+44 (0) 20 7936 5200\n\n\n\n\nOliver Stansfield, Jonathan Evans\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nIFC Advisory Ltd (Financial PR and IR)\n\n\n+44 (0) 20 3934 6630\n\n\n\n\nTim Metcalfe, Heather Armstrong\n\n\n\n\n\n\n \nNotes to Editor\nKEFI Minerals plc\nKEFI is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield. KEFI targets that production at Tulu Kapi generates cash flows for capital repayments, further exploration and expansion as warranted and, when appropriate, dividends to shareholders.\nKEFI Minerals in Ethiopia\nEthiopia is currently undergoing a remarkable transformation both politically and economically.\nThe Tulu Kapi gold project in western Ethiopia is being progressed towards development, following a grant of a Mining Licence in April 2015.\nThe Company has now refined contractual terms for project construction and operation. Estimates include open pit gold production of c. 140,000oz pa for a seven-year period. All-in Sustaining Costs (including operating, sustaining capital and closure but not including leasing and other financing charges) remain c. US$800/oz. Tulu Kapi's Ore Reserve estimate ...