African Copper Plc posted a first-half profit aided by a reversal of impairment and said it restarted the operations at its mine in Botswana, and was confident about the future, sending its shares up as much as 21 percent in early trade. For full story, click here
Zambia Copper Mining declared that it has entered into a new term loan facility agreement with African Copper to refinance the existing bridging loan facilities it made to ACU subsidiary, Messina Copper. For full story, click here
African Copper Plc. stated that it has settled all claims made against its Botswana unit Messina Copper by investment firm Natasa Mining Ltd, sending its shares higher. For full story, click here
African Copper Plc declared it has settled all claims made against its Botswana unit Messina Copper by investment firm Natasa Mining Ltd, sending its shares higher. For full story, click here
African Copper PLC declared that it has settled in full all the claims of Natasa against its subsidiary Messina Copper Ltd.and Matsitama Minerals Limited . For full story, click here
Zambia Copper Investments announced completion of a subscription agreement with African Copper, rasing its stake in the copper-miner to 82 percent. For full story, click here
African Copper Plc. announced the appointment of two new directors to the Board of the Company, David Rodier and Jordan Soko. In addition, it is announced that Michael Evans has resigned from the Board and Roy Corrans will step down from his current role of Chairman but will remain on the Board. For full story, [...]
African Copper Plc, the owner of the Mowana mine, declared that it is planning to re-open its Botswana operation in the next three months after it got an injection of US $ 10 million from its Zambia Copper Investments, as part of a move to help the country’s budding miner to get off its feet. [...]
South African stock surged for a fourth day, the longest streak of gains in more than two months, as copper prices climbed and volatility waned. BHP Billiton Ltd. and Anglo American Plc led the advance. For full story, click here
African Copper Plc, the company that closed a mine in January after running out of cash, surged the most in a week in London trading after Zambia Copper Investments Ltd. agreed to lend it an additional $25.4 million. For full story, click here
Friday, August 14, 2009