Tag: copper project
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UK: Arc Minerals inks deal with Anglo American for copper exploration in Africa
Anglo American has inked a joint venture deal with base-metals junior Arc Minerals to explore copper and cobalt in Zambia. Arc Minerals said Anglo American has a 70% stake in the joint venture for an aggregate investment of $88.5 million. Zambia, Africa’s second-largest copper producer, wants to increase its annual copper output threefold within the…