Denver Gold Group member

KEFI Gold and Copper Plc

  • LSE: KEFI
  • Developer (construction/feasibility)
  • Gold
  • Copper
  • Nicosia, Cyprus

Company profile

London-listed company KEFI Gold and Copper plc (AIM: KEFI) is building the Tulu Kapi Gold Mine in Ethiopia, which is expected to start production in 2028 at an average production rate of 166,000oz of gold annually,

Strong Economics at the Tulu Kapi Gold Project : Tulu Kapi is set to benefit from low operating costs (est. AISC of ~US$1114-1254/oz) driven by an open pit gold grade of over 2g/t - one of the highest grade open pit African gold projects. At a gold price of US$3000/oz, Tulu Kapi should generate over US$350 million in annual EBITDA at least during its first 3 years.

Additional value : KEFI is also advancing a portfolio of other exploration and development projects, focused on gold and copper deposits, elsewhere in the highly prospective Arabian-Nubian Shield. These include its holdings in the GMCO JV, which is developing two of Saudi Arabia's most advanced stage gold and copper projects, which hold a combined 3.8moz gold equivalent in total resources.

Attractively priced : KEFI's market cap is currently ~US$106million.

Website for more information : www.kefi-goldandcopper.com

At Mining Forum Australia

A Denver Gold Group member company

Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.

Peer groupthe five most similar Denver Gold Group members, 1 = most similar

RankCompanyStageMineralsPrimary operationsMarket cap2025 productionReservesMatch by factor
This companyKEFI Gold and Copper PlcLSE: KEFIDeveloperGold, CopperEthiopia$142M1 Moz
1U.S. Gold Corp.NASDAQ: USAUDeveloperGold, CopperUnited States$215M
2Mayfair Gold Corp.NYSE Arca: MINEDeveloperGoldCanada$197M1.04 Moz
3Astral ResourcesASX: AARDeveloperGoldAustralia$238M1.1 Moz
4Tesoro GoldASX: TSODeveloperGoldChile$110M
5Revival GoldTSXv: RVGDeveloperGold, GoldUnited States$199M0.86 Moz

close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.

Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.

BBG000BVDYG2

KEFI GOLD AND COPPER PLC

Security description
KEFI
Ticker
KEFI
Exchange code
LN
Security type
Common Stock
Security type 2
Common Stock
Market sector
Equity
FIGI composite
BBG000BVDY54 ↗
Share class
BBG001SHYKC4 ↗

Financial Instrument Global Identifier record from OpenFIGI, as at 20 September 2026. The composite FIGI identifies the share in its country of listing; the share-class FIGI is the same on every market it trades on.