TRADING UPDATES: Develop North net asset value down amid rising rates
28th Mar 2024 10:28
(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) - 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
(Alliance News) - Arc Minerals Ltd on Tuesday said it has substantially progressed negotiations with Anglo American PLC regarding its copper interests in North Western Zambia. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Arc Minerals Ltd - base metals exploration company focused in Africa - Says subsidiary Alvis Crest Ltd receives renewal from the Department of Mines for two prospecting licenses, known as the Virgo project, in Botswana. Says the two licenses have been renewed for another two years until September 30 2024. Read More
Arc Minerals Ltd - base metals exploration company focused in Africa - Commences maiden drilling programme at the Virgo project in Botswana. Drilling has objective of testing geochemical anomalies identified in the Virgo licences located within the Central Structural Corridor of the Kalahari Copper Belt. Read More
Arc Minerals Ltd - base metals exploration company focused in Africa - Receives first cash payment of USD125,000 towards the USD1.5 million receivable from the disposal of its Casa interests. The next USD125,000 is due within the next 30 days and the issuance of USD1.3 million in listed stock remains due by July 28. Read More
Arc Minerals Ltd - base metals exploration company focused in Africa - Starts maiden exploration programme for its Virgo project in Botswana, starting with a soil geochemistry survey underway to be followed by an exploratory drill programme. Read More
(Alliance News) - Arc Minerals Ltd on Thursday said it signed an agreement with a subsidiary of FTSE 100-listed miner Anglo American PLC for the company's copper-cobalt project located in Zambia. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Arc Minerals Ltd - copper and cobalt explorer in Zambia - Agrees to settle various disputed matters and for all legal proceedings to be permanently dropped. Dispute surrounded debt claim made against investee Zamsort Ltd. Claim in connection to USD5.8 million debt raise by Zamsort in 2015, prior to Arc becoming a shareholder in unit. Says agreement will now be submitted to Zambian courts to effect a consent judgement which will have the force of law. Read More