Transformational deal acquiring key copper mine at a low price Cradle Arc originally listed on AIM in 2006 as Cue Energy, with the company’s focus switching from energy to gold in 2011. Over the last two years, under the name of Alecto Minerals, the company has been transformed from a gold exploration play into a highly compelling, diversified African miner by acquiring the Matala gold project and now the economically robust Mowana Copper Mine.
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Cradle Arc
Cradle Arc (CRA:LON) | 0 0 0.3% | Mkt Cap: 12.0m
- Published:
24 Jan 2018 -
Author:
Dr. Michael Green -
Pages:
29
Transformational deal acquiring key copper mine at a low price Cradle Arc originally listed on AIM in 2006 as Cue Energy, with the company’s focus switching from energy to gold in 2011. Over the last two years, under the name of Alecto Minerals, the company has been transformed from a gold exploration play into a highly compelling, diversified African miner by acquiring the Matala gold project and now the economically robust Mowana Copper Mine.