KEFI has raised £3m to further Ethiopian and Saudi projects.
Tulu Kapi project shines on thanks to funding commitments and gold price boost.
KEFI Minerals has begun drilling for gold and copper at Hawiah in Saudi Arabia.
Horizonte funding fundamentals; Kefi of Arabia
Implementation of financing can now flow between consortium members
Mark Wellesley-Wood passed away suddenly this week
AIM-listed company forges ahead as kingdom says it's open for business. Others are more cautious
Traditional financing remains frozen for many smaller players
Gold mining tells investors approvals delayed days after deadline is missed
On receipt, US$9M for funding will be released for Q1 activities
Drilling planned to start in the June 2019 quarter
Turkey-focused gold miner getting little attention from investors, but sees big gains in Salinbas