Tertiary Minerals forms Zambian subsidiary

Tue, 18th May 2021

Mining company Tertiary Minerals said it was forming a Zambian subsidiary, Luangwa Minerals, targeting copper exploration and development opportunities in the African nation. The company said it had retained geologist Marcel Nally who was expected to appointed as Luangwa's exploration manager in due course. Nally was previously a director of private Zambian copper producer Moxico Resources Tertiary would hold 96% of Luangwa, with 3% being held by Nally and 1% held by Shangwa Chime. At 8:01am: (LON:TYM) Tertiary Minerals PLC share price was 0p at 0.25p Story provided by StockMarketWire.com

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