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Cradle Arc PLC

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.

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Market: LSE
Market Cap: £0.00
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New mine plan delivering increased production for Cradle Arc Plc

Kevin van Wouw, Chief executive of Cradle Arc Plc (LON:CRA), discusses with Proactive's Andrew Scott the company's operations update and production guidance for 2018. Van Wouw's expecting to achieve project-level operational cash flow break-even at the Mowana copper project this...

on 29/6/18

2 min read