EXPLORATION / DEVELOPMENT

KEFI on brink of Tulu Kapi financing

KEFI on course with Tulu Kapi financing; looks to expand and upgrade maiden resource at Hawiah

Rebecca Meeson-Frizelle
KEFI said it was on track to realise several key milestones at Tulu Kapi in the first half of 2021

KEFI said it was on track to realise several key milestones at Tulu Kapi in the first half of 2021

A US$253 million finance facility - with $221 million pegged as development capital - was expected to comprise 60% senior debt and 40% equity, and now includes a "standby facility", said the junior. ...

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