Zambia Licence Renewals
Zambia exploration licences renewed for Zaco Investments and Afrimin Resources subsidiaries.
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Arc Minerals (LSE:ARCM), an exploration company focused on developing Tier 1 copper deposits, is pleased to announce the approval of licence renewals for Zaco Investments Limited (Large Scale Exploration Licence 23005-HQ-LEL) and Afrimin Resources Limited (Large Scale Exploration Licence 28700-HQ-LEL). Zaco Investments Limited and Afrimin Resources Limited are subsdiaries of Handa Resources Limited, the joint venture company with a subsidiary of Anglo American.
The renewals are subject to payment of statutory area charges, which is currently in progress.
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