KEFI Minerals plc (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Democratic Republic of Ethiopia, is pleased to announce the appointment of Mr Wayne Nicoletto as Head of Operations of the Company and Managing Director of KEFI Minerals Ethiopia Limited, a wholly-owned subsidiary of the Company.

He joins the senior leadership team, reporting to the Executive Chairman.

The appointment is effective immediately and he will be based in Ethiopia to build-up the Companys organisation with Dr Kebede Belete, Country Manager for KEFI.
Mr Nicoletto has approximately 30 years experience in the mining industry as a metallurgist and a general manager, specialising in design, start-up and operation of gold mines in Africa, Central Asia and Australia.

Over the past 15 years, Mr Nicoletto has been primarily heading up operations in gold mines in Africa, including General Manager and Country Head of the Edikan Mine in Ghana and SMD in Guinea as well as Vice President Operations of Boroo Gold Mine in Mongolia.

Mr Nicolettos training was in the West Australian School of Mines in Kalgoorlie.


Harry Anagnostaras-Adams, Executive Chairman of KEFI Minerals, added: "We welcome Mr Nicoletto to the KEFI leadership team.

He has the right credentials and we look forward to him using his extensive experience in finalising KEFIs development plans, operational team building, mine contracting, equipment selection, tendering, construction and production as we progress towards the commencement of construction at Tulu Kapi."
Please find further information in the attached announcement.


Thank you for your continued interest!