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RNS Number : 5420T Kefi Gold and Copper PLC 18 February 2026
18 February 2026
KEFI Gold and Copper plc
("KEFI" or the "Company")
Tulu Kapi Groundbreaking Ceremony
KEFI (AIM: KEFI), is delighted to report that a groundbreaking ceremony took
place earlier today for the Company's high-grade/high-recovery Tulu Kapi Gold
Project (the "Project" or "Tulu Kapi"), which is owned by KEFI subsidiary Tulu
Kapi Gold Mines S.C. ("TKGM").
The ceremony, formally marking the start of construction, was attended by His
Excellency Abiy Ahmed Ali (PhD) Prime Minister of the Federal Democratic
Republic of Ethiopia and His Excellency Shimelis Abdisa, President (Chief
Administrator) of the Oromia Regional State of the Federal Democratic Republic
of Ethiopia, together with other senior Government and local community
representatives, members of the KEFI/TKGM teams, and other Project
stakeholders.
The ceremony took place at the construction site of the new precinct in the
local village of Genji being built by TKGM to house resettled farmers from the
Tulu Kapi mining licence area. This is part of the livelihood restoration
and development programme being undertaken by TKGM as part of the Project, and
includes financial compensation, new farmlands, vocational training, education
and health facilities.
KEFI Founder and Executive Chairman, Harry Anagnostaras-Adams, commented:
"We are deeply honoured and proud to be entrusted with the responsibility to
implement the Tulu Kapi Gold Project, which we believe is Africa's highest
grade and highest recovery gold development.
"Having been banked by major African development institutions as well as
international mining specialist investors, we have designed and now implement
all aspects of the Project to the highest Ethiopian and international
standards for environment, social, technical and financial disciplines."
Enquiries
KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Executive Chairman) +357 2225 6161
John Leach (Finance Director)
SP Angel Corporate Finance LLP (Nominated Adviser) +44 (0) 20 3470 0470
Jeff Keating, Adam Cowl
Tavira Financial Limited (Lead Broker) +44 (0) 20 7100 5100
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR) +44 (0) 20 3934 6632
Tim Metcalfe, Florence Staton
Further information can be viewed at https://www.kefi-goldandcopper.com
(https://www.kefi-goldandcopper.com/)
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