Arc Minerals Ltd - copper exploration company focused on mines in Africa - The first assay results from the diamond drilling campaign at its joint venture in Zambia with a subsidiary of Anglo American PLC have confirmed near-surface mineralisation at a new target, around 1.5 kilometres east of the existing oxide occurrence at its Cheyeza target. Read More
Arc Minerals Ltd - copper exploration company focused on mines in Africa - Receives confirmation from the Zambian Ministry of Mines that the large-scale mining licence application 33404-HQ-LML submitted by Handa Resources Ltd has been reinstated, and that the application submitted by Zaco Investments Ltd is being rectified. Read More
Arc Minerals Ltd - copper exploration company focused on mines in Africa - Announces the extension of both of its prospecting licences at its Virgo Project in the central structural corridor of the Kalahari Copper Belt in the Republic of Botswana. Arc Minerals applied for the extension in May this year. Prospecting licences 135/2017 and 162/2017 have been extended for a further two years until September 30, 2026, and cover an area of more than 210 square kilometres. Chair Nick von Schirnding said the extension was "an excellent outcome for the company" that "reinforces the reputation of Botswana as a mining friendly jurisdiction". Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Arc Minerals Ltd - copper exploration company focused on mines in Africa - Requests suspension of company's shares pending clarification of developments in Zambia on Monday. This comes after publication Monday from the Mining Cadastre in Zambia detailing the results of the 80th Mining Licence Committee and the rejection of mining licence application 33404-HQ-LML submitted by Arc subsidiary, Handa Resources Ltd. Arc says it anticipates that this is due to premature processing of the application but notes no formal notification of this has been received. Arc says it has engaged with the Mining Cadastre for a full explanation. Arc confirms that its interests in all its exploration licences in Zambia remain valid and all exploration activities remain unaffected by this decision. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and Northern Europe - Announces the start of exploration operations at its Mupala copper project in the Kabompo Dome in Zambia. Notes the project is located adjacent to the Anglo American/Arc Minerals joint venture project, where Anglo American has a right to earn a 70% interest through expenditure of USD88.5 million, and 12 km west of the company's Mukai project. Expects work to start this week with reporting of provisional results upon completion. Executive Chair Patrick Cheetham says: "Momentum is now building for our current exploration season. Drilling is in progress at Konkola West with KoBold Metals and Mwashia Resources and we announced last week the consolidation of three additional projects into our new subsidiary, Copernicus Minerals, where drilling plans are also being advanced." Read More
(Alliance News) - Arc Minerals Ltd on Thursday celebrated progress across its African operations, with work beginning in Zambia, and the first phase of a drill programme due to start in Botswana. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News: Read More
(Alliance News) - Arc Minerals Ltd on Tuesday said it has raised GBP4.1 million through a placing and subscription. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Arc Minerals Ltd on Friday said that it had unconditionally completed its joint venture agreement with a subsidiary of Anglo American PLC, which concerns copper interests in northwestern Zambia. Read More
Arc Minerals Ltd - Africa-focused base metals exploration company with projects in Zambia and Botswana - Satisfies "substantive" regulatory conditions regarding its joint-venture agreement with a subsidiary of Anglo American PLC, as previously announced regarding copper interests in northwestern Zambia. Says the two parties have completed the subscription of shares in the joint venture company, resulting in a 70% interest being acquired by Anglo American and a 30% interest being acquired by Unico Minerals Ltd, a 67%-owned subsidiary of Arc Minerals. Also notes drilling at one of the key joint venture licences has begun. Says certain minor procedural conditions are in the process of being satisfied after which the JVA will become unconditional. These remaining conditions are expected to be satisfied within the next two weeks, Arc Minerals says. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Arc Minerals Ltd on Monday said it continued to make a loss in 2022, which was "dominated" by ongoing negotiations over a joint venture with Anglo American PLC, but said the industry outlook was positive despite a volatile economic environment. Read More
(Alliance News) - Arc Minerals Ltd on Thursday said it has signed a binding joint venture agreement with a subsidiary of Anglo American PLC regarding its copper interests in northwestern Zambia. Read More
Arc Minerals Ltd - Africa-focused base metals exploration company with projects in Zambia and Botswana - Agrees 13 business day extension for exclusivity agreement with its proposed joint-venture partner, a subsidiary of Anglo American PLC. Says extension under the letter of intent with Anglo American now runs until April 13. This is to accommodate the completion of "certain outstanding steps" regarding the proposed joint venture's copper interests in northwestern Zambia. Read More