New Ethopian government gives KEFI the go-ahead to move families

KEFI Gold and Copper

0.63p

12:39 15/11/24

4.15%

0.03p

Gold exploration and development company KEFI Minerals announced on Friday that, in connection with its Tulu Kapi gold project in western Ethiopia, the joint committees of the company and the Ethiopian authorities have now triggered the formalisation of the resettlement arrangements for each of the affected individual households in the area.

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12:40 15/11/24

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Mining

10,600.10

12:35 15/11/24

1.19%

124.73

The AIM-traded firm said it would now execute its preparations for community re-settlement.

“[The re-settlements] flow from new government leadership at several levels since the appointment of the new Ethiopian prime minister, Abiye Ahmed,” the KEFI board said in its statement.