KEFI's flagship project is Tulu Kapi in the Oromia Region of Western Ethiopia, located approximately 360km due west of Ethiopia’s capital, Addis Ababa.
The planned Tulu Kapi open pit gold mine and processing facility is typical of many such “open-pit-CIL-gold-projects” around the world and uses standard technology and the latest industry practices.
KEFI has partnered with the Ethiopian Government for our jointly owned Ethiopian project company, Tulu Kapi Gold Mines Share Company (“TKGM”). KEFI also reinforces alignment with local stakeholders at every reasonable opportunity, illustrated by our inclusion of Ethiopian private sector investors in our long planned Ethiopian Public Private Partnership.
Our specific purpose at TKGM is set out in the Tulu Kapi Mining Agreement between the Ethiopian Government and KEFI, which incorporates several foundation documents including development and operating plans, an Environmental and Social Impact Assessment and, for the community, the Resettlement Action Plan and Development Plan which comply with International Finance Corporation (World Bank) Performance Standards and Equator Principles.
Tulu Kapi should provide an operating base for KEFI in the heart of Ethiopia’s most prolific gold district where gold has been mined for millenia.