PRECIOUS METALS

KEFI slumps on further Tulu Kapi delays

Shares KEFI Gold and Copper slumped by nearly a quarter on Wednesday morning after the junior said it had been forced to pause development of its Tulu Kapi gold project in Ethiopia because of security concerns.

KEFI slumps on further Tulu Kapi delays

KEFI said it had consulted the local community and informed Ethiopia's mining ministry as well as other government agencies and its financing partners. "All parties acknowledge the need to ensure the...

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