KEFI Gold and Copper Plc (LON:KEFI – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.64 ($0.01) and traded as low as GBX 0.63 ($0.01). KEFI Gold and Copper shares last traded at GBX […]
KEFI Gold and Copper Plc (LON:KEFI – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.68 ($0.01) and traded as low as GBX 0.57 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.60 ($0.01), […]
KEFI Gold and Copper Plc (LON:KEFI – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.70 ($0.01) and traded as low as GBX 0.61 ($0.01). KEFI Gold and Copper shares last traded at GBX 0.65 ($0.01), with a […]
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KEFI Gold and Copper not aware of any breach of licence conditions amid reports of Ethiopia mining licences cancellations
17 May 2021 | 10:15am
StockMarketWire.com - Mining and exploration company KEFI Gold and Copper said it was not aware of any breach of any licence conditions amid press speculation the company was sent a warning letter after reportedly revoking 27 idled mining licences. Neither KEFI nor its subsidiaries [.] are aware of any breach of any licence conditions and have not received any such warning letter nor had notice of such an intended letter flagged to them formally or informally, the company said.
13 April 2021 | 14:27pm
StockMarketWire.com - Mining company Kefi Gold and Copper has provided an update on its 34%-owned and operated Hawiah Project in Saudi Arabia following completion of the phase 3 drilling programme.
The company said the phase 3 programme has successfully demonstrated the down-plunge continuation of the southward plunging Camp Lode ore body, with the deepest intersection representing a 670m extension from the 2020 MRE area and added that the increase in copper grade as predicted by the geological model is particularly encouraging .
It confirmed that the success of the early drilling phases has demonstrated that the tonnage and grade at Hawiah are robust enough to warrant moving the project to the preliminary feasibility study stage, with a potential lodgement of a mining licence application targeted for mid-2022 and the start of development in 2023.