Tulu Kapi Gold Project
Sector: Government • Location: Oromia Region, Ethiopia
Source: Discovery Alert
The Tulu Kapi Gold Project in Ethiopia is a mining development with 1.72 million ounces of gold resources and 1.05 million ounces of probable ore reserves. It targets annual production of 140,000 ounces over an initial seven-year open-pit phase, with a total project life expectancy of 1.2 million ounces including underground mining. The project secured a $240 million debt facility from Africa Fina
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Tulu Kapi Gold Project in Ethiopia is a mining development with 1.72 million ounces of gold resources and 1.05 million ounces of probable ore reserves. It targets annual production of 140,000 ounces over an initial seven-year open-pit phase, with a total project life expectancy of 1.2 million ounces including underground mining. The project secured a $240 million debt facility from Africa Finance Corporation and Trade Development Bank, with a 70% debt-to-total-capital ratio. The Ethiopian Government holds a 17% shareholding, and multiple equity and royalty funding sources are involved. The project aims for first production by mid-2027 and full operations by 2028. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |