Complex Made Simple

UK’s KEFI Minerals gains new exploration licence in Saudi Arabia

UK-based KEFI Minerals has received its fourth mineral exploration licence in Saudi Arabia. The gold and copper exploration firm has been granted the Jibal Qutman licence for five years as part of its Gold & Minerals joint venture in which KEFI has a 40% interest. The Jibal Qutman Licence, which covers an area of 99.9 sq km, hosts part of the prospective Nabitah-Tathlith Fault Zone, a 300km long fault structure with over 40 gold occurrences and ancient gold mines.