Kefi Gold signs mining services contract worth more than USD400 million for Tulu Kapi project

Kefi Gold & Copper PLC has signed a mining services agreement with BCM Group Ltd valued at more than USD400 million for the Tulu Kapi gold project. The contract covers the initial nineyear mine life and includes mining equipment, training and management of locally recruited operators, and full mining operations under Kefi’s Ethiopian subsidiary. The Tulu Kapi project is in Ethiopia and is focused on gold with copper also present.