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Tulu Kapi Gold Project

Sector: Metal • Location: Ethiopia

Source: African Mining Market

Project
Planned

The Tulu Kapi gold project in Ethiopia has completed the 'Early Works' phase, clearing the way for full development. Initial Major Works have also been certified as ready. The project has an updated finance plan and financial model, with a US$240 million finance package approved by co-lending banks. Financial close is expected in September, triggering full project development with fixed-price cont

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Project Information

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The project “Tulu Kapi Gold Project” is an infrastructure initiative in the Metal sector, located in Ethiopia. Taiyo aggregates data on it from African Mining Market.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The Tulu Kapi gold project in Ethiopia has completed the 'Early Works' phase, clearing the way for full development. Initial Major Works have also been certified as ready. The project has an updated finance plan and financial model, with a US$240 million finance package approved by co-lending banks. Financial close is expected in September, triggering full project development with fixed-price contracts covering near US$1 billion in development and future operating costs.

Original sub-sector

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Original Currency

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Original budget

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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