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Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA) confirmed it ended its first half to 30 June with £1.86 million of cash, following a £3 million fundraising earlier in the year. The pre-revenue explorer on Monday reported its interim results, which showed a narrowed loss. It marked a loss...
Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA) said an imminent diamond drilling campaign at its Virgo copper project in Botswana is expected to exceed 6,000 metres, targeting prospects close to MMG’s Khoemacau mining project. The AIM-listed explorer has appointed G D E Botswana...
Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA) told investors it has mapped an 18-kilometre geological contact at its Virgo copper project in Botswana, expanding the prospective structure by 14 kilometres ahead of drilling scheduled to start in early August. The induced polarisation...
Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA), the Africa-focused copper explorer, is preparing to start drilling at its Virgo project in Botswana in August as its geophysical programme nears completion. The London-listed company said it is in advanced talks with drilling contractors...
Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA) told investors it has reached a comprehensive settlement in Zambia, drawing a line under all outstanding litigation affecting the copper explorer in the country. The AIM-listed company said the agreement terminates eight sets of ongoing...
Arc Minerals Ltd (AIM:ARCM, OTC:ACMNF) shares fell 12.8% to 0.41p after £3 million was raised through a placing and subscription at a slight discount to fund exploration in Botswana’s Kalahari copper belt. Arc said the funds will support an exploration campaign within its licence in the Zone...
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