Kebede Hailu Belete

Part of KEFI Gold & Copper Plc, KEFI Minerals (Ethiopia) Ltd. is a mining company based in Kebele, ET. The Jibal Qutman Exploration Licences are located in the central southern region of the Arabian-Nubian Shield and cover an area of 270km2, overlying more than 30km of the prospective Nabitah-Tathlith Fault Zone, a 300km-long structure with over 40 gold occurrences and ancient gold mines. The Ethiopian company completed a Pre-Feasibility Study on the Jibal Qutman Project and evaluated a conventional open-pit mining operation with a 1.2Mtpa carbon-in-leach processing plant for the Tulu Kapi 2015 Definitive Feasibility Study. The company was founded in 1997 and Wayne Nicoletto has been the CEO of the company since 2015. KEFI Minerals (Ethiopia was acquired by KEFI Gold & Copper Plc from Ubecorp Ltd. on December 30, 2013 for $4.79 million.