ARCM Arc Minerals Limited

1.675

0.025 (1.52%)

03 May 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Arc Minerals Limited	LSE:ARCM	London	Ordinary Share	VGG045791016	ORDS NPV (DI)

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.025	1.52%	1.675	1.65	1.70	1.70	1.625	1.65	27,361,061	12:16:55

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Investors, Nec	0	-7.34M	-0.0060	-2.78	20.58M

Arc Minerals Shares Rise on Zambia Copper-Cobalt Project Joint-Venture Extension

31/03/2023 10:19am

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By Anthony O. Goriainoff

Shares in Arc Minerals Ltd. rose Friday after the company said that an extension has been agreed with its joint venture partner--a subsidiary of Anglo American PLC--regarding its copper-cobalt project in Zambia.

Shares at 0805 GMT were up 0.55 pence, or 16%, at 4 pence.

The London-listed mining group said that an extension of 13 business days to April 21 had been agreed so as to accommodate the completion of certain outstanding steps. All substantive commercial terms of the proposed joint venture remain unchanged, it added.

"I am very pleased with progress made to date and look forward to updating shareholders in more depth soon," Executive Chairman Nick von Schirnding said.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

March 31, 2023 05:04 ET (09:04 GMT)