Dynamic Exploration Company, KEFI Minerals Finds Opportunities in Joint Ventures
Kefi Minerals has found renewed success through its strategic partnerships with large and powerful companies.
Online, August 12, 2010 (Newswire.com) - Norwich, UK- KEFI Minerals is one of those companies that was backed into a corner by the financial climate, but, as a result, has found opportunity in the form of joint ventures - partnering with successful and powerful companies - and is now awaiting the rewards of its forced hand.
In an interview with Business Review Europe, KEFI Minerals' Managing Director Jeffrey Rayner opens up about new Joint Ventures in Saudi Arabia, the arduous wait in obtaining long sought after mining licenses and about the hardships caused by the current economic climate.
Rayner says: "Our focus was to explore for copper and gold - or stand alone mining projects with a minimum of one million ounces of gold or equivalent in other metal [...]"
Rayner also talks of KEFI Minerals' JV in Saudi Arabia, having teamed up with powerful partner, ARTAR and Sons, and about the complex bureaucratic process in obtaining exploration licenses.
The company is now poised on the brink of success and as soon as the exploration begins, Rayner is sure it will pay off.
Read the full article here.
"We're hoping to be mining in more than one location so our total production could be anywhere between 200 to 500 thousand ounces per year, which will generate a significant income with gold now being over 1000 dollars (600 pounds) an ounce," he explains.
ABOUT KEFI MINERALS
KEFI Minerals is a metal exploration company that focuses on exploring for world-class mineral deposits in the well-endowed and under-explored Tethyan Mineral Belt of Turkey and Arabian Shield of Saudi Arabia. Founded in late 2006, KEFI Minerals has established itself as an innovative gold and copper exploration Company and has quickly expanded its exploration portfolio
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