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Cradle Arc PLC back on AIM and fired up over Mowana potential

Kevin Van Wouw, Cradle Arc PLC's (LON:CRA)  chief executive, tells Proactive that production at the Botswana-based copper mine will be 12,000 tonnes per year with an upgrade programme to increase this to 20,000tpa.

Copper prices are also rising and the miner will take advantage of this to build the resources at Mowana.

in Zambia, the Matala gold project is ready to begin development and Cradle Arc is looking for funding ahead of a possible start of production next year.

Quick facts: Cradle Arc PLC

Price: - GBX

LSE:CRA
Market: LSE
Market Cap: -
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Cradle Arc PLC renews two prospecting licences 'with significant potential'

Kevin van Wouw, chief executive of Cradle Arc Plc (LON:CRA) tells Proactive's Andrew Scott they've renewed prospecting licences for an area north of its Mowana copper mine in Botswana. He says two renewals have been granted by the Botswana Ministry of Minerals, Energy and Water Resources...

on 21/9/18

2 min read