Aim-listed gold hopeful Kefi Minerals has raised about £3.8-million to resettle the Tulu Kapi community in its vital next development step at the Tulu Kapi gold project, in Ethiopia. The £3.56-million net proceeds, combined with the company’s current £2.2-million working capital, will resettle the community, fund the project finance syndication closure costs and allow for exploration fieldwork to recommence on the satellite deposits, within trucking distance of Tulu Kapi.
