In June 2019 Shares Magazine reported that Kefi Minerals posted a full-year pre-tax loss as it tried to move its delayed flagship Tulu Kapi gold project in Ethiopia toward construction and financing.
Tulu Kapi has long been one of the better-known junior-miner stories in Ethiopia, so annual-loss updates remain useful for readers tracking whether foreign mining capital can actually break ground.
Kept as mining and business archive, the note dates Kefi’s 2019 setback narrative around Ethiopia project delays.
Sources: Shares Magazine