Arc Minerals is exploring for so-called “Tier 1” copper deposits in high-impact licences in the ‘Domes' region of the Zambian Copperbelt in Zambia (Figure 1); in areas known for giant copper deposits which already sustain multi-billion dollar assets (e.g. First Quantum's Sentinel and Kansanshi and Barrick's Lumwana mines). Arc's licences are Zamsort (66%) and Zaco (72.5%) which total 869km2 and were once held by Anglo American (LSE:AAL, Mkt Cap $49.9bn, No Rec); Anglo who are now looking to com ....
25 Jan 2021
WHI Morning Comment: Arc Minerals (ARC) - Searching for Elephants
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WHI Morning Comment: Arc Minerals (ARC) - Searching for Elephants
ARC Minerals Limited (ARCM:LON) | 1.7 0 0.0% | Mkt Cap: 24.9m
- Published:
25 Jan 2021 -
Author:
Paul Smith -
Pages:
5
Arc Minerals is exploring for so-called “Tier 1” copper deposits in high-impact licences in the ‘Domes' region of the Zambian Copperbelt in Zambia (Figure 1); in areas known for giant copper deposits which already sustain multi-billion dollar assets (e.g. First Quantum's Sentinel and Kansanshi and Barrick's Lumwana mines). Arc's licences are Zamsort (66%) and Zaco (72.5%) which total 869km2 and were once held by Anglo American (LSE:AAL, Mkt Cap $49.9bn, No Rec); Anglo who are now looking to com ....