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Cradle Arc PLC

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 month.

Cash generation is expected to improve throughout the second half of this year, with the mine expected to produce at least 5,700 tonnes of contained copper during the period.

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Market: LSE
Market Cap: £0.00
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Cradle Arc’s CEO: “It’s a very important day for us”

Kevin van Wouw, chief executive of Cradle Arc Plc (LON:CRA) tells Proactive “it’s a very important day for us” as the company unveils maiden reserve for Mowana open pit.   He said: “The fundamental of the maiden reserve is that we will commence the DMS upgrades in the later half of...

on 31/5/18

2 min read