KEFI Minerals plc Edison initiates coverage on KEFI Minerals
August 21 2015 - 2:37AM
RNS Non-Regulatory
TIDMKEFI
KEFI Minerals plc
21 August 2015
London, UK, 21 August, 2015
Edison initiates coverage on KEFI Minerals
Edison Investment Research, a leading international investment
research firm, announces the initiation of full coverage of KEFI
Minerals
Highlights of the analysis on KEFI Minerals by Edison's mining
analyst Charles Gibson include:
KEFI Minerals is an exploration and development company focused
on gold and copper deposits in the highly prospective
Arabian-Nubian Shield - principally the 95%-owned Tulu Kapi project
in Ethiopia and, to a lesser extent, the 40%-owned Jibal Qutman
project in Saudi Arabia.
KEFI acquired Tulu Kapi in western Ethiopia for US$9.7m, or an
average of US$5.14 per contemporary resource ounce. By subsequently
reinterpreting the ore body in the light of new data, it has been
able to devise a mine plan that extracts essentially the same
quantity of metal by mining only half the tonnage of rock. As a
consequence, upfront capital expenditure has been halved and the
economics of the project transformed.
To download this report, please click here.
All reports published by Edison are available to download free
of charge from its website www.edisongroup.com.
About Edison: Edison, the investment intelligence firm, is the
future of investor interaction with corporates. Our team of over
100 analysts and investment professionals works with leading
companies, fund managers and investment banks worldwide to support
their capital markets activities. We provide services to more than
400 retained corporate and investor clients from our offices in
London, New York, Frankfurt, Sydney and Wellington. Edison is
authorised and regulated by the Financial Conduct Authority
(www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584).
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information please contact:
Charles Gibson Edison Investment Research +44 (0)20 3077
5724
mining@edisongroup.com
Contact details: Learn more at www.edisongroup.com and connect
with Edison on:
LinkedIn www.linkedin.com/company/edison-investment-research
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Twitter www.twitter.com/Edison_Inv_Res
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This information is provided by RNS
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END
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