KEFI Minerals. WKN: A0LGJ7. Gold-und Kupfer

INTERIM RESULTS FOR THE HALF-YEAR ENDED 30 JUNE 2015

www.kefi-minerals.com/

Gold schneller und billiger

www.investing.com/analysis/...e-gold-faster-and-cheaper-266779

www.proactiveinvestors.co.uk/columns/...-and-others-23295.html

www.stockmarketwire.com/article/5126269/...t-Jibal-Qutman.html

www.iii.co.uk/stockmarketwire/270094/mining-roundup

"Overweight"

www.boerse-online.de/nachrichten/aktien/...nenwerte-1000846734

www.dakotafinancialnews.com/...ufort-securities-kefi-3/502840/

www.proactiveinvestors.co.uk/companies/...al-tiger-116060.html

• The scope of work will include the Front end engineering design, fixed construction costs, the estimated cost of $63m of 1.6-1.7mtpa of feed and performance guarantees for the start up and first year of production.
• The contract compares well with the 2015 DFS which anticipated a fixed-price lump sum contract of $61m for a smaller 1.2mtpa plant not inc a fixed price and performance guarantees which might normally add significantly to the bill.
• Sedgeman’s proposal forecasts gold production of around 105,000ozpa for the first five years and sets KEFI’s peak funding requirement at $120m plus provisions for cost-overruns and finance charges.
• Finance:  KEFI reckons it will fund the Tulu Kapi gold mine development at the project level using debt, gold streaming finance and $20m of project-level equity from the Ethopian government.
Conclusion:  It is great to see mining companies getting better value for money out of contractors and for the mining industry to better focus on costs and delivery of value in new projects.  Sedgman are a top quality name in the mining world and will work hard to protect their reputation as a leading contractor.  

www.proactiveinvestors.co.uk/columns/...-and-others-23356.html

allafrica.com/stories/201510130865.html

www.metaltorg.ru/n/9A6F9C

Sedgman selected as preferred contractor for Tulu Kapi Gold project in Ethiopia

www.mining-technology.com/news/...old-project-ethiopia-4692898

Outlook: Aus shares set to open flat

Company news

Ausdrill Limited (ASX:ASL) wholly owned subsidiary African Mining Services has been appointed as a preferred contractor by Kefi Minerals. The estimated contract value is US$300 million over the life of mine of approximately 10 years. AMS will act as the preferred contractor for mine establishment and operation at the Tulu Kapi Gold Project in Ethiopia. Shares in Ausdrill Limited 2.28 per cent up yesterday at $0.37.

www.finnewsnetwork.com.au/archives/..._news_network121466.html

www.proactiveinvestors.co.uk/companies/...-funding-116344.html

www.proactiveinvestors.co.uk/columns/...ll-diamonds-and-others

THIRD QUARTER 2015 OPERATIONAL UPDATE

www.kefi-minerals.com/files/announcements/...tional_update.pdf

Standard Life Investments Limited - 4.944%
HSBC Holdings and Vidacos Nominees Ltd
www.kefi-minerals.com/files/announcements/...ng_in_company.pdf

www.proactiveinvestors.co.uk/companies/...-funding-116344.html

www.lse.co.uk/..._Harsh_Year_For_Early_Stage_Mineral_Explorers

adds more ounces in Saudi Arabia

www.proactiveinvestors.co.uk/companies/...di-arabia-77911.html

Gold explorer Kefi Minerals PLC on Wednesday said it has received formal confirmation from the Ethiopian government that it will invest USD15-20 million in the Tulu Kapi gold project

www.lse.co.uk/...overnment_To_Invest_In_Tulu_Kapi_Gold_Project

www.dakotafinancialnews.com/...eaufort-securities-kefi/646647/

www.proactiveinvestors.co.uk/columns/...a-resources-and-others

raises cash for Tulu Kapi development

www.miningreview.com/...raises-cash-for-tulu-kapi-development/

grossit sa cagnotte pour de l’or à ciel ouvert à Tulu Kapi

www.agenceecofin.com/or/...r-de-l-or-a-ciel-ouvert-a-tulu-kapi