RE: Analyst price target 5.92 pence1 Jun 2026 18:12
Following its comprehensive settlement in Zambia, Arc Minerals (AIM: ARCM) is now focusing on advancing its copper exploration projects in Zambia and Botswana. With the litigation and Anglo American JV exit behind it, the company’s next steps revolve around securing new partnerships and scaling drilling operations.1. New Joint Ventures in ZambiaNow that a comprehensive settlement has cleared up ownership uncertainties and legal roadblocks, CEO Rémy Welschinger is actively working to secure a new major joint venture partner for their highly prospective Zambian copper tenements.2. Virgo Project Exploration (Botswana)Following a £3 million capital raise, Arc officially commenced geophysical exploration programmes at its Virgo copper project in the Kalahari Copper Belt. The next immediate phase is interpreting data from these surveys to identify specific, high-priority drilling targets.3. Kabompo West Development (Zambia)The May 2026 settlement fully unblocked Arc to progress the Kabompo West copper project. The upcoming corporate objective is to advance exploration activities to define and expand the JORC-compliant resource on these tenements.For ongoing updates and results, monitor the Arc Minerals News page.Arc Minerals