KEFI Minerals plc (LON:KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, today reported that Mr. Mark Tyler has accepted, with immediate effect, an appointment to the KEFI Board as an additional independent Non-Executive Director. Mr. Tyler was previously a mining investment banker in London and South Africa, including as co-head of Mining and Resources Finance at Nedbank, a South African bank, and is currently a senior resources advisor to Exotix Capital and the London representative for Auramet International, a precious metal merchant financier. He therefore brings considerable mining finance expertise to the Board.
Gold prices hit record high above $2,400 amid Middle East tensions
Gold prices rose above $2,400 per ounce to an all-time high on Friday, heading for their fourth week of gains, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets.