KEFI MINERALS LTD
opportunities , and more economic opportunities than ever ,” says Anagnostaras-Adams , “ but the really important thing that we provide is the supply chain and the employment because that provides a significant flow of money to the community .
“ Clearly from a social value point of view , our business wants to bring benefits , training and skills to the country , rather than just importing labour and exporting materials . But even from a purely financial point of view , you can see that the stability , cost base , and commitment of the workforce is far greater if you can source work and embed it into the local community as much as possible , rather than employing foreign workers .”
A high grade and low cost project The emerging gold miner first acquired Tulu Kapi back in 2014 ; a significantly advanced project that had seen $ 50mn of investment from an English-based consortium . “ We took the project back to square one ,” notes Anagnostaras- Adams , “ and that transformed the economics of it on paper .”
From carefully tweaking the mining method to reviewing the data base , KEFI Minerals has significantly developed the mine plans further , aiming for a late 2019 production date .
“ For us , the key is to be hands on , embed ourselves in the country , and build relationships from the ground up ”
HARRY ANAGNOSTARAS-ADAMS , EXECUTIVE CHAIRMAN , KEFI MINERALS
44 September 2017