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flag Kefi Gold and Copper shares fell 7.2% on news of a quarterly loss and delayed project start, despite progress on financing.

flag Kefi Gold and Copper (LON:KEFI) shares dropped 7.2% amid a surge in trading volume, following a quarterly loss and ongoing financial challenges. flag The company confirmed a $30 million equity-ranking gold stream funding term sheet for its Tulu Kapi Gold Project in Ethiopia, part of a larger $340 million financing package. flag Debt documentation for $240 million is ready, with lender approvals secured, and the company expects to finalize remaining equity funding this month. flag Full project development is targeted to begin in October 2025, pending final finance approval in September.

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