The Minister of Energy, Eng. Khaled Al-Falih, announced that the new mining system will enter into force during the first half of 2019, after being presented to investors for some amendments and taking into account the opinions of the Shura Council.
Al-Falih said during the inauguration of the Custodian of the Two Holy Mosques, King Salman bin Abdul Aziz, for several projects in the Northern city: “We used to suffer a multilateralism that interferes with the issuance of mineral licenses and approvals. reasonable period of 30 days to obtain approval.
KEFI Minerals (LON:KEFI) is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield. KEFI targets that production at Tulu Kapi generates cash flows for capital repayments, further exploration and expansion as warranted and, when appropriate, dividends to shareholders.