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KEFI Minerals Plc

Kefi Minerals given the go ahead to resettle the community in Western Ethiopia

KEFI Minerals (LON:KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to tell DirectorsTalk this morning that in connection with the Company’s Tulu Kapi gold project in western Ethiopia, the joint committees of the Company and the Ethiopian authorities have now triggered the formalisation of the resettlement arrangements for each of the effected individual households in the area.  KEFI will now execute its preparations for community re-settlement, which flow from new Government leadership at several levels since the appointment of the new Ethiopian Prime Minister, Abiye Ahmed.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.