African Copper Plc. stated that there will be a short delay in filing its interim financial statements and related management discussion & analysis for the three-month period ended March 31, 2009, as required by National Instrument 51-102 – Continuous Disclosure Obligations. For full story, click here
African Copper Plc. declared that it has received a demand for the redemption of $22.3 million bonds calling for immediate repayment of the principal amount and accrued interest. For full story, click here
Shares in African Copper surged 68 percent after the exploration development company declared that it has struck a deal to be bought up by rival group Zambian Copper Investments, which will provide ACU with a comprehensive financing package of around $22.5 million. For full story, click here
Following the rejection of an inferior offer by Natasa Mining, African Copper declared that it has entered into a binding agreement with Zambian Copper International which should see the Botswana Stock Exchange-listed company receive a major cash injection of as much as US$22.5 million. For full story, click here
Shares in African Copper surged 68 percent after the exploration development company declared it has struck a deal to be bought up by rival group Zambian Copper Investments, which will provide ACU with a comprehensive financing package of around $22.5 million. For full story, click here
African Copper has announced that Natasa Mining has made an alternative offer to bondholders to lift its holding from 70 to around 80 percent. For full story, click here
Diversified mineral exploration and development company African Eagle Resources declared that it will sell any or all of its assets if it needs to surge capital to bring its Dutwa nickel project in Tanzania to the bankable feasibility stage. African Eagle MD Mark Parker stated: We consider all of our assets except Dutwa non-core. Dutwa [...]
African Copper plc. reference is made to the Company’s announcement dated 16 April 2009, in which shareholders were told that the Company had received an offer of finance from Zambia Copper Investments Limited. For full story, click here
Zambia, once viewed as a Central African economic power house announced that it wants to reclaim some of its former glory as Africa’s leading greenfield copper project, Lumwana, is commissioned. For full story, click here
Zambia Copper Investments, whose primary asset was until last year a 28.4% holding in KCM Copper Mines, on Tuesday declared that it had revised the terms of its binding offer of finance to African Copper, a global exploration and development company. For full story, click here
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