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African Copper Share News (ACU)
Share News for African Copper (ACU)
| Share Price: 1.75 | Bid: 1.50 | Ask: 1.75 | Change: 0.125 (+7.69%) |  | ||||||
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African Copper gets license for Botswana's Dukwe mining project
Fri, 22nd Dec 2006 08:11
LONDON (AFX) - African Copper PLC said the government of Botswana has granted the company a 25
As a condition of the permit, the project will be subject to a 3 pct royalty payable to the government, it said.
The granting of the licence will allow the group to accelerate construction of the mine, which is expected to start production in early 2008, it said.
monicca.egoy@afxnews.com
mbe/nes
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
LONDON (AFX) - African Copper PLC said the government of Botswana has granted the company a 25
-year mining licence for the Dukwe project.
As a condition of the permit, the project will be subject to a 3 pct royalty payable to the government, it said.
The granting of the licence will allow the group to accelerate construction of the mine, which is expected to start production in early 2008, it said.
monicca.egoy@afxnews.com
mbe/nes
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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