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Pin to quick picksArc Minerals Share News (ARCM)

Share Price Information for Arc Minerals (ARCM)

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Share Price: 1.675
Bid: 1.65
Ask: 1.70
Change: -0.05 (-2.90%)
Spread: 0.05 (3.03%)
Open: 1.725
High: 1.725
Low: 1.675
Prev. Close: 1.725
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Arc Minerals Discovers Significant New Targets At Zamsort, Zambia

Mon, 04th Feb 2019 13:29

LONDON (Alliance News) - Arc Minerals Ltd on Monday said that it identified significant new targets at the Zamsort Copper-Cobalt project, in Zambia.

Initial results from the company's airborne geophysical and soil sampling programme indicated several new large anomalies, a number of which stretch for many kilometres, Arc said.

Two new large targets were discovered - Cheyeza West and Lumbeta - with the testing confirming a total of eight significant targets.

"The initial results from the airborne survey and soil sampling programme are extremely exciting and have exceeded all our expectations. It is clear that our licences lie in a very prospective mineral belt adjacent to Zambia's largest copper mines and we believe have the potential to host not one but multiple large new copper deposits," Chief Executive Officer Nick von Schirnding said.

Arc Minerals shares were trading up 7.7% at 3.12 pence each.

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12 Mar 2024 11:45

Arc Minerals raises GBP4.1 million for exploration in Botswana

(Alliance News) - Arc Minerals Ltd on Tuesday said it has raised GBP4.1 million through a placing and subscription.

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25 Jan 2024 21:59

TRADING UPDATES: Karelian gets permit extension, Starwood ups dividend

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10 Nov 2023 16:32

Arc Minerals finalises joint venture with Anglo American subsidiary

(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.

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27 Oct 2023 13:51

Arc Minerals completes joint venture deal with Anglo American

(Sharecast News) - Arc Minerals announced the fulfilment of substantive regulatory conditions related to its joint venture agreement with a subsidiary of Anglo American on Friday.

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27 Oct 2023 13:15

IN BRIEF: Arc Minerals meets Anglo American joint venture conditions

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.

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29 Sep 2023 14:29

EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

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3 Jul 2023 12:03

Arc Minerals slightly widens loss but says copper outlook still strong

(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.

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20 Apr 2023 10:16

Arc Minerals signs Zambia joint-venture with Anglo American subsidiary

(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.

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31 Mar 2023 13:27

IN BRIEF: Arc Minerals extends exclusivity deal with Anglo American

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.

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7 Feb 2023 12:58

Arc Minerals progresses talks with Anglo American on Zambian venture

(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.

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27 Oct 2022 16:19

UK shareholder meetings calendar - next 7 days

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The Investment Co PLCAGM
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Brown Advisory US Smaller Cos PLCAGM
City of London Investment Group PLCAGM
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Arc Minerals LtdAGM
Cap-XX LtdAGM
Darktrace PLCAGM
  
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29 Sep 2022 20:30

EARNINGS SUMMARY: Angle revenue up; Synairgen, Bango loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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12 Sep 2022 14:33

IN BRIEF: Arc Minerals shares up as gets renewal for Virgo project

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.

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15 Aug 2022 17:50

IN BRIEF: Arc Minerals starts maiden drilling at Virgo prospect

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.

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