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Kefi gets thumbs up for Tulu Kapi finance package

Kefi gets thumbs up for Tulu Kapi finance package

Implementation of financing can now flow between consortium members

Project finance

06 JUNE 2019
Altus receives Zager exploration licence

Altus receives Zager exploration licence

Exploration holdings across Ethiopia's Arabian Nubian Shield now over 877sq.km

Feasibility

03 JUNE 2019
East Africa gains more mining licences

East Africa gains more mining licences

Aiming for development in Ethiopia

Feasibility

22 MAY 2019
"…a significant milestone for EAM and the emerging Ethiopian mining sector"

"…a significant milestone for EAM and the emerging Ethiopian mining sector"

East Africa Metals executes finance LOI for 3 projects

Project finance

11 FEBRUARY 2019
So you want to build a mine now?

So you want to build a mine now?

Traditional financing remains frozen for many smaller players

Project finance

23 JANUARY 2019
Tulu Kapi permitting delayed, says Kefi

Tulu Kapi permitting delayed, says Kefi

Gold mining tells investors approvals delayed days after deadline is missed

Feasibility

03 JANUARY 2019
Kefi awaits final Tulu Kapi approvals

Kefi awaits final Tulu Kapi approvals

On receipt, US$9M for funding will be released for Q1 activities

Feasibility

06 DECEMBER 2018
Altus up on silver hits

Altus up on silver hits

Project generator gets almost 1kg per tonne silver at Ethiopia project

Discovery

28 NOVEMBER 2018
UN lifts Eritrea sanctions

UN lifts Eritrea sanctions

Specific rules about mining cash scrapped by UN security council as Eritrea comes out swinging

Politics

15 NOVEMBER 2018
Danakali benefiting from Sirius effect

Danakali benefiting from Sirius effect

Eritrea-focused developer doing well out of quick Horn of Africa progress and successful Sirius PR

Feasibility

26 SEPTEMBER 2018
Kefi receives development, financing policy approvals

Kefi receives development, financing policy approvals

All major policy matters for Tulu Kapi resolved, remaining approvals administrative

Regulation

04 SEPTEMBER 2018
Kefi finalises $30-35M Ethiopia financing deal

Kefi finalises $30-35M Ethiopia financing deal

Funds will contribute towards project finance closing, community and development costs

Project finance

24 AUGUST 2018