(NewsDirect)
KEFI Goldand Copper PLC executive chairman Harry Anagnostaras-Adams discussespositive developments for the company in Saudi Arabia and Ethiopia asthe governments of the countries make it more attractive for mininginvestment. In Saudi Arabia, where it has an early-mover advantage,Ivanhoe Electric has finalised the terms of a joint venture with localmining group Ma'aden for a major exploration company. InEthiopian, the government is mulling a cut in mining royalties to 5%from 7%.
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