Kefi upbeat about Saudi exploration prospects

Aim-listed gold explorer and developer Kefi Minerals on Monday said it was seeing encouraging signs from the Saudi Arabian government regarding its minerals and metals policy. The company noted that, with the creation of a new energy, industry and minerals resource ministry, headed by Khalid al-Falih – currently also the chairperson of State-owned oil company Saudi Aramco – new policies will be implemented to further encourage minerals exploration and development.