Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKefi Gold & Copper Share News (KEFI)

Share Price Information for Kefi Gold & Copper (KEFI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.63
Bid: 0.612
Ask: 0.648
Change: 0.001 (0.16%)
Spread: 0.036 (5.882%)
Open: 0.629
High: 0.00
Low: 0.00
Prev. Close: 0.629
KEFI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: CentralNic Happy With KeyDrive Performance

Mon, 02nd Nov 2020 21:56

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

----------

CentralNic Group PLC - domain name registry and registrar services firm - Says KeyDrive SA, bought in 2018, has performed well in financial 2019. As a result, USD2.2 million in additional consideration is payable to Inter.Services GmbH. CentralNic says USD336,750 will be settled in cash and the remainder via the issue of 1.7 million shares. Inter.Services may still earn up to USD1.4 million in additional consideration in future. "We have been delighted with the performance of KeyDrive ever since its acquisition over two years ago," says CentralNic Chief Executive Ben Crawford. Separately announces the completion of its acquisition of the Zeropark and Voluum businesses for USD36 million. "This earnings-enhancing acquisition will greatly complement our existing, fast-growing monetisation business, while providing numerous opportunities for revenue and cost synergies," says Crawford.

----------

Marlowe PLC - London-based safety & compliance services firm - Buys Black & Banton Occupational and Physical Health Ltd for an initial consideration of GBP1.1 million. Black & Banton provides occupational health services to businesses in the North of England and Scotland. For the year ended April 30, Black & Banton generated pretax profit of GBP400,000 on revenue of GBP1.7 million. The total enterprise value of up to GBP1.5 million includes a contingent cash earn-out of up to GBP400,000.

----------

Kefi Gold & Copper PLC - gold explorer in Ethiopia and Saudi Arabia - Confirms the recommencement of drilling at the company's Hawiah project in Saudi Arabia. "The Hawiah deposit remains open at depth and beyond the existing 4km strike. Increasing copper grades intersected in the previous deepest drill hole at the Camp Lode indicate an excellent opportunity to add additional high-grade copper-gold resources during this phase of drilling," says Executive Chair Harry Anagnostaras-Adams.

----------

Anglo Asian Mining PLC - copper & gold producer in Azerbaijan - Reports updated mineral resources and ore reserves for the Gedabek open pit and Gadir underground mine located at the company's Gedabek licence area in Western Azerbaijan. Says Gedabek open pit total mineral resources of 735,000 ounces of gold and 69,100 tonnes of copper. Says total mineral resources of 267,000 ounces of gold and 2,183 tonnes of copper for Gadir underground mine. "I am delighted to announce these latest JORC estimates for the Gedabek open pit and Gadir underground mines. These show the economically mineable Ore Reserves remaining in the open pit mine amount to 284,000 ounces of gold and 26,000 tonnes of copper. The economically mineable Ore Reserves for the Gadir underground mine amount to 49,000 ounces of gold and 191 tonnes of copper," says Chief Executive Reza Vaziri.

----------

Adriatic Metals PLC - Cheltenham-based exploration & development firm - Has entered into a Deed of Settlement and Release with Sandfire Resources Ltd, where both parties have agreed to settle the dispute relating to proceeding CIV 1820 of 2020 brought by Sandfire against Adriatic in the Supreme Court of Western Australia. Sandfire has agreed to pay Adriatic AUD8.6 million in cash for the issue of 4.8 million chess depository interests in the company, pursuant to Sandfire's anti-dilution right under the previously announced collaboration and strategic partnership deed.

----------

Yamana Gold Inc - Canadian-based precious metals producer - Agrees to buy all of the outstanding shares of Monarch not already owned by Yamana under a plan of arrangement for consideration, including cash and shares, of approximately CAD152 million. "The acquisition provides Yamana with a high-quality project with a significant mineral reserve and mineral resource base and excellent potential for further expansion," the company says.

----------

Castillo Copper Ltd - Australia and Zambia focused base metal explorer - Reports "encouraging" results from a recently completed systematic infill soil sampling campaign at its 100% owned Mkushi Project in Zambia's copper-belt. Says results confirmed eight target areas with significant copper anomalism and strike lengths. "We continue to make good progress in Zambia across multiple assets. These soil anomaly results from Mkushi are highly encouraging since they extend mineralisation along strike from a known operating copper mine," says Castillo Copper's UK-based director Ged Hall.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
21 Nov 2022 21:39

TRADING UPDATES: VSA Capital backs outlook; Zephyr starts drilling

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
3 Nov 2022 20:57

TRADING UPDATES: Braemar launches gas desk; Aterian hails Azrar finds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
25 Oct 2022 14:53

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
20 Oct 2022 21:56

TRADING UPDATES: Fiske swings to loss; Nanoco sees loss widen

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
17 Oct 2022 13:55

Kefi wins renewal of Saudi Arabia exploration licence

(Sharecast News) - Gold and copper explorer and developer Kefi announced the renewal of the Jibal Qutman exploration licence in Saudi Arabia on Monday.

Read more
17 Oct 2022 13:37

Kefi Gold to complete fieldwork after licence renewal of Saudi site

(Alliance News) - Kefi Gold & Copper PLC on Monday said it is ready to push on with development work at Jibal Qutman now the licence for the site has been renewed.

Read more
28 Sep 2022 14:38

EARNINGS UPDATES: Kefi tips bright outlook; Keras bets on Togo license

(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
14 Sep 2022 14:54

IN BRIEF: Kefi Gold & Copper shares rise with new exploration licenses

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Receives two exploration licences issued for the development of the Jibal Qutman Gold project in Saudi Arabia. Says the Jibal Qutman North and Jibal Qutman Southeast exploration licences have been issued on an initial five-year term and cover 174 kilometres. Expects the award of the final Jibal Qutman exploration licence "shortly". Anticipates construction to start mid-2023 and first gold at the end of 2024.

Read more
12 Sep 2022 14:04

IN BRIEF: Kefi shares up as rebel group calls for Ethiopia ceasefire

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Says the Tigrayan rebel leadership has called for a permanent ceasefire in Ethiopia. On Sunday, the communique asked for mediation by the African Union and participation in the national reconciliation process already being arranged by the Federal Government of Ethiopia, the company adds.

Read more
5 Aug 2022 17:44

IN BRIEF: KEFI Gold raises recovery target for Jibal Qutman project

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - For the Jibal Qutman project in Saudi Arabia, land access issues halting the mine development application in 2016 have been resolved, paving the way for a potential mining licence being granted.

Read more
3 Aug 2022 13:23

Kefi reports further licensing progress in Saudi Arabia

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi announced positive licensing progress on the Jibal Qutman project on Wednesday, as well as the award of two further exploration licences through its Gold and Minerals (G&M) joint venture in Saudi Arabia.

Read more
13 Jul 2022 13:18

IN BRIEF: Kefi Gold & Copper switches focus to Saudi Arabia

Kefi Gold & Copper PLC - Cyprus-based gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia - Says field activities at the Tulu Kapi gold project in Ethiopia have continued to build ahead of full project launch. Company says it is "keen" to re-commence its exploration of additional prospects at the project but is awaiting regulatory permission. As a result, Kefi switches focus to Saudi Arabia with its Jibal Qutman and Hwaiah projects.

Read more
12 Jul 2022 16:05

Kefi venture awarded two exploration licences in Saudi Arabia

(Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi announced the award of two additional exploration licences through its Gold and Minerals Limited (G&M) joint venture in Saudi Arabia.

Read more
12 Jul 2022 09:36

Kefi Gold shares surge on two new exploration licences in Saudi Arabia

(Alliance News) - Kefi Gold & Copper PLC on Tuesday said it won two additional exploration licences in Saudi Arabia through a joint venture.

Read more
30 Jun 2022 17:31

TRADING UPDATES: M&C Saatchi expects to deliver on annual profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.