strategic partnerships..15 May 2018 08:39
Nick von Schirnding, Executive Chairman of Arc Minerals commented:
"This transaction is highly attractive for Arc Minerals and makes us the largest shareholder in Zamsort. We consider Zamsort to be one of the most exciting polymetallic assets in the Zambian Copperbelt. The combination of near-term production from the plant as well as the exploration potential is very exciting.
Given that this asset continues to be coveted by numerous interested parties, I believe there will be no shortage of strategic partnerships that potentially could emerge. I believe this chapter represents a transformation for Arc Minerals in line with our revised strategy. I look forward to an exciting future with strong newsflow both from Zamsort as well as our Casa gold project."