Kefi’s Tulu Kapi progresses at pace

By | 2019-01-08T06:29:36+00:00 January 8th, 2019|News|0 Comments

Activities at gold and copper exploration company Kefi Minerals’ Tulu Kapi gold project in Ethiopia continues to progress at a significant pace.

According to Harry Anagnostaras-Adams, managing director at Kefi, the newly recruited construction manager and senior site risk manager has relocated to site. They join about 100 locally recruited personnel who have been hired for land clearing and to man the drilling rigs required to complete the geotechnical surveys for the final design of the foundations for the processing infrastructure and dam walls.

Trenching at Kefi Minerals’ Tulu Kapi gold project. Image credit: Kefi Minerals
Trenching at Kefi Minerals’ Tulu Kapi gold project. Image credit: Kefi Minerals

This programme of works follows on the back of the notice received by the company from the Ethiopian Federal and Regional Government agencies that the remaining regulatory consents required for triggering the project are expected to be provided in the coming weeks. These comprise the approvals of final community resettlement plans, approvals of project financing details and the updated works program and schedule leading to the planned first gold pour in 2020.

“It certainly is an interesting period in Ethiopia, with many changes taking place, including far-reaching transformation on many levels. Tulu Kapi has remained a high priority for all stakeholders throughout this period and I am pleased with both the speed and level of progress being made,” says Anagnostaras-Adams.