Tulu Kapi has been on Kefi’s books since 2014 and will cost around $160 million to build.
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Kefi Minerals’ (LN:KEFI) Tulu Kapi gold project in Ethiopia is a step closer to production after the explorer agreed to borrow US$135 million from Oryx Management, which will operate and own the mine’s infrastructure.
Tulu Kapi has been on Kefi’s books since 2014 and will cost around $160 million to build.