A Star is born - 500 Beiträge pro Seite

[Patti59]

Wollte immer schon einmal einen Thread eröffnen.

Bei African Copper handelt es sich um einen Kupferexplorer der gute Aussichten auf Erfolg hat. Die Minenprojekte werden zügig bearbeitet und schon bald wird die Produktion anlaufen. Kupfer ist ein wertvolles Metall, welches breite Anwendungen in der chemischen und elektronischen Industrie hat. Kupfer ist in den letzten Monaten stark gestiegen und die Produzenten können der steigenden Nachfrage nicht mehr Herr werden. Wenn Ihr Euch andere Kupferproduzenten und -explorer anschaut werdet Ihr sehr schnell merken, daß die Kurse im Aufwärtstrend sind. Dieser Trend wird auch in den nächsten Monaten ungebrochen sein und ich finde, daß man mit einer kleinen Position in diesem Segment investiert sein sollte.

[Datteljongleur]

[posting]19.992.025 von Patti59 am 01.02.06 14:15:15[/posting]Thema: A Star is born

[MaatMod]

Sehr geehrter Wallstreet-online Nutzer,
Hallo,

für eine aktuelle Diskussion enthistorisieren wir diesen Thread.

MfG MaatMOD

[rockonkel]

Antwort auf Beitrag Nr.: 37.653.838 von MaatMod am 27.07.09 17:36:02

SUPER

Bin mal gespannt , ob die jetzt endlich die Mine zum Laufen bringen ....

[Atlantis2012]

Bei African Copper ist mit Anzug der Umsätze aber noch keinen News etwas im Busche! Hier scheint es sehr spannend zu werden.

[Atlantis2012]

African Copper is an international exploration and development company. At its Mowana Mine Property in Botswana, total open pit proven and probable reserves have been estimated at 14.8 million tonnes grading 1.11% copper. Construction of the project began in 2006 and significant progress was made in 2007. Production is scheduled to commence in the second quarter of 2008, which will transition African Copper from a junior exploration company to a copper producer. The Company also has a 100% interest in the Matsitama exploration concession, which has ten high-priority, drill-ready and 35 lower priority targets.

The Company is incorporated in England and Wales, and its ordinary shares are tri-listed on the AIM market of the London Stock Exchange, the Toronto Stock Exchange ("TSX") and the Botswana Stock Exchange ("BSX"). The ordinary shares trade on AIM and the TSX under the symbol "ACU", and on the BSX under the symbol "African Copper". African Copper has approximately 146.9 million shares outstanding. (See Share Structure)

The Company's strategy is to grow as a base metal mining company and to provide above average returns to shareholders. Production at Mowana is expected to grow from an estimated 5,500 tonnes of copper in 2008 to an estimated 29,000 tonnes in 2012. Mowana has an estimated seven-year mine life in the open pit and it offers African Copper near-term production, with the potential for future expansion. African Copper intends to exploit this reserve while continuing to pursue exploration potential around and under the open pit, and in the Matsitama Belt.

The Company has a large land position in a favourable geological setting, which is relatively under explored at depth and laterally. There are three areas where exploration is being focused:


Near the Mowana Mine - a recent drill programme established mineralization south of the open pit.

Underground at Mowana -- at this time over 70% of the known estimated Mineral Resource base at Mowana lies outside of the open-pit boundary. This deeper predominantly sulphide mineralization may potentially be used to supplement open-pit feed but must be extracted by underground methods.

In the 3000 km2 Matsitama Belt, the Company has 10 drill-ready and highly prospective targets.

In 2007, the Company's announced mineral resource estimates of the Thakadu prospect which included an estimated 4.7 million tonnes of indicated resource grading 1.72% copper and 3.6 million tonnes of indicated resource grading 16 grams per tonne silver. In addition to the Thakadu deposit, the Company has also identified copper-gold, nickel-PGM, and zinc-lead-silver prospects worthy of further advanced exploration follow up.

Google Translater:
African Copper ist ein internationales Explorations-und Entwicklungsunternehmen. Auf seiner Mowana Mine Immobilien in Botsuana, insgesamt Tagebau Nachgewiesene und wahrscheinliche Reserven wurden schätzungsweise 14,8 Millionen Tonnen Einstufung von 1,11% Kupfer. Der Bau des Projekts begann im Jahr 2006 erhebliche Fortschritte erzielt wurden im Jahr 2007. Die Produktion soll bereits im zweiten Quartal des Jahres 2008, die Afrikanische Kupfer Übergang von einem Junior-Explorations-Unternehmen zu einer Kupfer-Hersteller. Das Unternehmen hat auch ein 100% Interesse an der Erforschung Matsitama Zugeständnis, das hat zehn hoher Priorität, Bohrspitze bereit und 35 niedriger vorrangigen Ziele.

Die Gesellschaft ist in England und Wales, und seine Stammaktien sind Tri-Liste auf dem AIM Markt der London Stock Exchange, der Toronto Stock Exchange ( "TSX") und der Botswana Stock Exchange (BSX). Die Stammaktien Handel am AIM und der TSX unter dem Symbol "ACU", und auf der BSX unter dem Symbol "African Copper". Afrikanische Kupfer ist mit rund 146,9 Mio. Aktien im Umlauf. (Siehe Share Structure)

Die Strategie des Unternehmens ist es, als Basis Metall-und Bergbauunternehmen, die über dem Durchschnitt Erträge an die Aktionäre. Produktion bei Mowana wird erwartet, dass von schätzungsweise 5500 Tonnen Kupfer im Jahr 2008 auf schätzungsweise 29.000 Tonnen im Jahr 2012. Mowana hat eine geschätzte sieben Jahren mein Leben in die offene Grube, und es bietet afrikanischen Kupfer kurzfristige Produktion, mit dem Potential für eine zukünftige Erweiterung. African Copper beabsichtigt, diese behalten, während sie weiterhin Exploration Potenzial um und unter den Tagebau und in der Matsitama Belt.

Das Unternehmen verfügt über ein großes Land in einer günstigen Position geologischen Umgebung, die relativ wenig erforscht in der Tiefe und seitlich. Es gibt drei Bereiche, in denen Exploration wird sich:


In der Nähe der Mine Mowana - ein neueres Bohrmaschine Programm Mineralisierungen Süden der offenen Grube.

U-Bahn auf Mowana - zu diesem Zeitpunkt mehr als 70% der bekannten Mineral geschätzten Ressourcen auf Mowana liegt außerhalb der Open-Grube-Grenze. Diese tiefer überwiegend Sulfidmineralisation möglicherweise verwendet werden, zu ergänzen, Open-Grube, jedoch wird durch U-Methoden.

In der 3000 km2 Matsitama Gürtel, die Gesellschaft hat 10-Bohrmaschine bereit und hoch künftigen Ziele.

2007 hat das Unternehmen angekündigt, die mineralische Rohstoffe Schätzungen der Thakadu Aussicht denen schätzungsweise 4,7 Mio. Tonnen der angezeigten Ressource Einstufung von 1,72% Kupfer und 3,6 Millionen Tonnen angegeben Ressource Einstufung von 16 Gramm pro Tonne Silber. Zusätzlich zu den Thakadu Anzahlung, die Firma hat auch Kupfer-Gold-, Nickel-PGM-und Zink-Blei-Silber-Aussichten verdient weiter Exploration Follow-up.

[Apophis_IN]

Würde auch gerne in diese Aktien investieren.

Kann mir jemand sagen, welchen Marktwert die geschätzten Rohstoffreserven haben.

[Atlantis2012]

Antwort auf Beitrag Nr.: 37.790.965 von Apophis_IN am 16.08.09 18:39:34

Habe den Quartalbericht mal durch den automatischen Übersetzer laufen lassen. Vielleicht hilft dir das in deiner Entscheidung etwas weiter.


Afrikanisch Kupfer plc heute archivierter seine Halbjahr konsolidierte Jahresabschluss und Management Erläuterungen und Analyse
--------------------------------------------------------------------------------


LONDON, Vereinigtes Königreich--(Marketwire - Aug. 14, 2009) - afrikanischen Kupfer ("ACU" oder die "Firma") (AIM: ACU)(BOTSWANA:AFRICAN COPPER) kündigte heutean , dass es seinen zweiten Quartal Finanzbericht und des Managements Discussion eingereicht hat und Analysis für den sechsmonatigen Zeitraum 30 Juni 2009 ("MD & A") auf RNS und SEDAR ( www.sedar.com endete). Diese Dokumente auf der Webseite der Gesellschaft finden, überprüfen Sie http://www.africancopper.com/i/pdf/2009-Q2_FS.pdf und http://www.africancopper.com/i/pdf/2009-Q2_MDA.pdf .

Corporate und finanziellen Highlights für den Zeitraum:

-ZCI Mio. US $ 41 Finanzierung Paket und Abkommen ausgehandelt und implementiert

-GBP 29 million der vorherigen Wertminderungen Kosten, die in 2008 zurück geschrieben, um Bilanz anerkannt.

-ZCI Finanzierung Package ermöglicht Monetisation der Mineral durch operative Entwicklung behält sich vor

-Die Ernennung von David Rodier, Vorsitzender und Jordanien Soko, mit der Breite Industrie erleben, dem Verwaltungsrat

-Delisting von der Toronto Stock Exchange auf 20 Mai 2009

Entwicklung und Erforschung Oberseite:

-Mobilisierung und Mining Aktivitäten recommenced am Mowana, im frühen August 2009

-Offenen Grube Mowana:

--Open-Grube Reserve Schätzung - bewiesen (10.82 Mt @ 1.0 % Cu) und wahrscheinlich (3.98 Mt @ 1,4 % Cu) Mineral behält sich vor der Plus oder minus 14.8 Mt @1.1%Cu enthaltenden 361 MM Pfund von Kupfer.
--Ausführen von mir Grade potenziell höher als modellierten

--Identifiziert Expansion Möglichkeiten Nähe zur Oberfläche & Werk Infrastruktur

--83 % der Mittel sind potenziell zugänglich durch unterirdische Mining, die Bereitstellung von + 20 Jahren Leben

--Weitere Informationen zum das Geologische Ressourcenmodell finden Sie unter Mineral Reserve Schätzungen, die in den Bericht unter dem Titel "National Instrument 43-101 technischen Report auf die Mowana-Mine, Botswana" datiert vom 26 November 2007 von lesen, Swatman und Voigt (Pty) aufgenommen und Mineral Resource AG auf www.sedar.com oder des Unternehmens-Website unter www.africancopper.com verfügbar ist.

-Thakadu Anzahlung, Pläne unternommen um erweiterte Perspektive in Mining Lizenz Status zu konvertieren

-Umfassende Matsitama Exploration Mietskasernen bieten weitere potentielle blauen Himmel
Entwicklung Programm:

-Erwarteten Übergang von Operationen starten an nachhaltigen Produzenten bei Mowana:

--Mine & Werk gegründet

--Mining Operations mit Werk recommenced starten Sie den geplanten für Ende August.

--Wiederaufnahme der Konzentrat Produktion geschätzt Anfang September 2009

--Lange Begriff off-nehmen Einigung im Ort.

Positive zukünftige outlook

-ZCI Recapitalisation bietet eine etablierte und erfahrene finanzielle und Management-Katalysator ACU-Operationen, um Ihre vollständige potenziellen wachsen aktivieren

-Qualität, erwartet, dass potenziell low cost Ressource Produktion bis Ende August 2009 beginnen

-Breitere Portfolio voraussichtlich Erforschung Oberseite bieten

-Neue Akquisitionen und Joint Ventures werden anhand eines strategischen berücksichtigt

Chris Fredericks, Chief Executive des afrikanischen Kupfer kommentiert:

"Die Veröffentlichung der diese Ergebnisse markieren Beginn der eine neue Phase in afrikanischen Kupfer-Entwicklung.

Nach der ZCI Recapitalisation finanziert, wir freuen uns auf die Monetisation der unsere Reserven Basis durch in der Nähe Begriff Produktion und Verkauf. Produktion ist geplant, bis Ende August 2009 beginnen.

Schließlich werden wir schauen auf weitere Wert für unsere Aktionäre hinzufügen, indem beide unsere Erforschung-Optionen und durch alle potenziellen Akquisitionen, die möglicherweise verfügbar und werden den Wert der unser Portfolio erhöhen.

Mit was wir erreicht haben, und was jetzt in Ort ist glauben wir wir die Zukunft mit erneuerte Vertrauen freuen können. „

Diese Pressemitteilung hat unter der Leitung von Dave De'ath BSc (Hons), MSc, GDE-Mining und MIMMM vorbereitet, des Unternehmens Manager für Geologie von der Mowana-Mine und eine „ qualifizierte Person"als solche Begriff ist definiert Canadian National Instrument 43-101. Herr De'ath hat überprüft und genehmigt die technische Informationen in dieser Pressemitteilung.

[Atlantis2012]

Dafür, daß die Zahl der bisherigen Beiträge zu AFRICAN COPPER recht gering ist, scheint das Interesse an Lesern zumindest etwas höher zu sein. Vielleicht trauen sich ja, von denen die die Aktie schon besitzen oder kaufen möchten, ein paar, sich an einer Diskussion zu beteiligen. Also auf gehts! Frischt alle das Board etwas auf!

[Atlantis2012]

Bin nicht gern Alleinunterhalter, oder es sind wirklich so wenige an dieser so interessanten Aktie interessiert?
In nächster Zeit erwarte ich wie angekündigt Nachrichten, über den Beginn der Produktion und deren Verkauf. Dann sollte es weiter kontinuierlich nach oben gehen. Wenn man sich anschaut, wo die Aktie herkam,

zwischenzeitlich fast tod war, sollte man nun den Mut haben, wieder zu investieren. Der 6 Monatschart zeigt es.

[Atlantis2012]

Na bitte!
Kaum ausgesprochen und schon erhalten. Heute kam die Meldung.

Die Produktion läuft in der Mowana Mine!

Jetzt werden in den nächsten Wochen weitere News folgen. Der Startschuß dafür ist gefallen. Ein Grund mehr, daß nun auch die Zweifler und Vorsichtigen sich wieder positionieren können.
Viel Erfolg der Firma und den Investierten!



African Copper plc: Operational Update

--------------------------------------------------------------------------------


View News Release in PDF Format

LONDON, UNITED KINGDOM--(Marketwire - Sept. 9, 2009) - African Copper plc ("African Copper" or "The Company") (AIM:ACU)(BOTSWANA:AFRICAN COPPER) is pleased to announce that its subsidiary, Messina Copper (Botswana) (Proprietary) Limited ("Messina") has recommenced operations at the Company's Mowana Mine in Botswana.

Highlights:

- Mining commenced and pit prepared to meet the production forecast.

- Pit feed grades delivered to the plant +/-20% above forecast.

- All processing plant circuits brought back to operational status.

- Feed stockpiles being regenerated with fresh ROM ore to support sustainable plant operating campaigns.

- Combined concentrate grade +/-12% above forecast for the period.

- Optimization of processing circuit being coordinated with metallurgical expertise from ZCI.

As an update to the presentation given at the AGM on the 30th July 2009 and the announcement of 14th August 2009, ACU is delighted to announce that the anticipated operational start up has now been successfully achieved. The operational team on site have mobilized a new mining contractor and re-commissioned the concentrator with the assistance of an experienced team of specialist metallurgical and engineering personnel from ZCI.

The teething problems encountered during the re-start of the plant, coming out of a period of extended care-and-maintenance, were quickly identified and remedied during the period. Management now believe that the operation is well positioned to advance to steady state nameplate production through the coming quarters.

The operational key indicators derived from start up have been encouraging. The feed grade delivered from the pit from fresh ore exposure has been consistently +/-20% above the forecast feed grade of 1.2% Cu. Similarly, the early average concentrate grade produced is 26% Cu which is +/-12% above forecast. Circuit and concentrate specification will be further optimised over the coming weeks. While this news is to be welcomed, it remains too early to identify any clear trend in grades.

Chris Fredericks, Chief Executive of Africa Copper, commented:

"African Copper is delighted that operations are once again underway at the Mowana Mine. This has been achieved by the vision, tenacity and support of the major shareholder, ZCI, and the continued commitment of the operational team at the mine. African Copper now finds itself well placed to take advantage of a fundamentally improved metals market environment.

The operational team is fully focussed and committed to meeting production objectives and to deliver the optimal mining strategy. The results achieved over this short-period of time are encouraging and continue to support the ultimate goal of realising the full potential of the Company's extensive mineral assets."

[Atlantis2012]

African Copper gears itself up for production
by Sunday Standard Reporter
19.09.2009 1:18:42 P

African Copper, the Botswana–London’s AIM listed budding copper miner, said its plant machines are back to operational status as it aims to roll-out details of the full scale production for Mowana mine – in Botswana -- that have been on the makings for the past three months.

Top management of the company is expected to fly into the country early in the week in what is largely viewed as the last dress rehearsal before the big announcement scheduled for end of the month.

African Copper, a company that was be-devilled by cash problems that forced it to suspend mining operations for the first five months, got some cash injection from Zambia Copper Investments (ZCI) - marking the largest investment into Botswana by a Zambian entity. The move followed a fiercely contested bid between ZCI and Natasa mine of Australia.

This week it emerged that details relating to the full production—that are likely to inject the much needed confidence in the share price of the company -- are expected to be released to the market by end of the month.

This will be preceded by a week-long top management site visit headed by Chris Frederick, African Copper Chief Executive Officer, aimed at tightening the screws on plans that will pave-the–way towards commissioning and getting all other relevant information about the possible production capacity of the mine being “re-established before released to the market”.

The team is working on a tight schedule of releasing the information to the market by month end.

“The operational key indicators derived from the start up have been encouraging. The feed grade that has been delivered from the pit from fresh ore exposure has been consistent at plus and minus 20 percent above the forecast grade of 1.2 percent copper,” the company said.

Further, the company has indicated that mining has already started and they are doing ‘pit preparation to meet the production forecast”.

In June, African Copper told the Sunday Standard that it was “planning to start mining operations in the next three months” after it got an injection of US $10 million from its ZCI as part of a move to help the country’s budding copper miner to get off its feet. Further, African Copper sold 6,766,705 shares worth about US $ 9.9 million in a cash raising exercise that gave ZCI an interest in the organization of 82 percent stake.

The money was in addition to the extra US $ 25.4 million which it injected from the US $22 million loan facility.
“We are currently working on a new mining plan and the plan is to re-start operations within three months,” Federicks has said.

The company also de-listed from the Toronto Stock Exchange—as part of its restructuring plan -- saying that the London market would be able to serve the rest of Europe and northern America.

African Copper, which first became public in 2004 is now only listed on a London AIM and Botswana Stock Exchange and is operating Mowana Mine which is about 100 kilometers west of Botswana’s second largest city, Francistown.

[Atlantis2012]

Ich vermute einmal vorsichtig, daß Kurse unter 10 Cent bald der Vergangenheit angehören werden. Hier entwickelt sich eine Firma gesund und stetig nach oben. Auch gut, wenn dies so ist, obwohl noch keiner in Deutschland die Firma kennt und Aktien kauft. In London sieht es da schon deutlich anders aus, was man an der Teilnahme in Boards und am Aktienvolumen dort erkennen kann.

[rockonkel]

Antwort auf Beitrag Nr.: 38.029.796 von Atlantis2012 am 22.09.09 13:46:48

Moin Atlantis
Kannst mal bitte einen Link reinstellen in dem ACU diskutiert wird ?

Danke Ro

[Atlantis2012]

Antwort auf Beitrag Nr.: 38.036.682 von rockonkel am 23.09.09 09:41:14

http://www.iii.co.uk/investment/detail?code=cotn:ACU.L&displ…

Das ist das Diskussionsforum des Interactive Investor`s.

[rockonkel]

Antwort auf Beitrag Nr.: 38.037.830 von Atlantis2012 am 23.09.09 11:36:23

Danke ... hört sich interessant an ... ich bin auf jeden Fall dabei ... meinen Sommerurlaub habe ich damit schon mal finanziert !

[Atlantis2012]

Soll wohl diese Woche noch News geben. Zum Glück noch keine Euphorie. Kurs steigt aber auch sauber an. Bin gespannt! Lassen wir uns überraschen!

[Atlantis2012]

Das dürfte das Vertrauen in die Pläne der Firma bestärken!
African Copper to build township
by Sunday Standard Reporter
11.10.2009 8:23:44 P

Embolden by better-than- expected copper grades, African Copper said Friday that it is planning to build a township along the Francistown-Maun highway as it positions itself to move from being an explorer to a miner.

The Botswana-AIM listed outfit ,whose operations at Mowana mine—some 130 kilometers west of Francistown—have been under care and maintenance since February following the collapse of base metal prices said it was planning to put a township at the settlements of Mosetse and Dukwi. They are expected to start production soon.

“We are talking to the relevant authorities and the plan is that we have to increase the number of staff houses at the plot that we have been allocated,” Acting General Manager of Mowana mine, Toindepi Muganyi, told Sunday Standard.

Under the plan, the township will be replete with the modern amenities and the high street facilities, such as banks, supermarkets, English medium schools for mine employees’ children, among others.

So far, the mine has 50 units of high cost houses at Mosetse village that are expected to house senior staff of the mine. The new development, which is totally the opposite of the original plan of ferrying employees from Francistown, is being motivated by a number of factors.

Some of the factors include better grades and the belief that the ore body is bigger than originally thought.
Some of the factors include the move to try to reduce chances of mine employees being involved in fatal road accidents. Just last month, one of the senior managers at the mine, Mack Zulu, lost his life along the Francistown- Maun road going to work.

Muganyi re-affirmed African Copper position that “it is now seeing an upside” in the copper grades which, according to the new valuations, are 20 percent better than originally thought.
The mine is likely to be commissioned before the end of the year, which will pave the way for the production of 20,000 tonnes of copper per annum—from its initial 1.5 kilometers long strike.
According to the plan, African Copper will initially concentrate on the extraction of ore in the southern tip of the pit which has an estimated 1.5 percent of copper against the pit average of 0.71 percent.

According to the current estimates, the open pit of the mine, which is 20 percent of the ore is expected to be mined in a space of seven years while the remaining part could be between 20–to-30 years. Further, there is another proven reserve some 2 kilometers north of the pit while some investigations are ongoing relating to the southern side of the pit which is also thought to be having some copper.

The pit, which covers some of the historical mining activities believed to have been done by the Europeans some 500 - 700 years ago, is also rich in gold and silver. The archeological activities run 30 meters deep and about one meter wide.

African Copper is also working on other areas as Thakadu and some other “blue sky areas” that Muganyi called the “development of another copper belt in the northern Botswana ”.
Thakadu is estimated to have 5 million tons of ore and at a greater grade of two percent. African copper also has about 4000 km2 of prospecting area covering Makala, Matsitama and Nakalakwana which has been described as the target area.

http://sundaystandard.info/news/news_item.php?NewsID=5942&Gr…

[Atlantis2012]

http://www.londonstockexchange.com/exchange/prices-and-news/…

[Atlantis2012]

AFRICAN COPPER PLC

AIM SYMBOL: ACU

October 14, 2009

African Copper Plc: Operational Update

LONDON, UNITED KINGDOM--(Marketwire - Oct. 14, 2009) - African Copper plc ('African Copper' or 'the Company') (AIM:ACU)(BOTSWANA:AFRICAN COPPER) is pleased to announce that its subsidiary, Messina Copper (Botswana) (Proprietary) Limited ('Messina'), has recommenced the shipment of saleable concentrates from the Company's Mowana Mine in Botswana. This is a further major achievement for the Company following the restart of operations at Mowana in late August.

Highlights:

-- Plant optimization continues to improve on circuit performance.
-- Average grade of concentrate produced 12% above forecast for the period.
-- Off-take logistics resumed with MRI Trading AG under the existing 5-year
off take agreement
-- Copper concentrate deliveries have commenced and the first shipment left
by road on 5 October 2009
-- The concentrate was produced from a current discharge stockpile of
around 800 tonnes with an average grade of 24.8%



The re-establishment of supply lines and on-site stores have been progressively improving over the past month and now support the consumable and stand-by spares requirements needed for steady state
running conditions.
The feed grade delivered from the pit from fresh ore exposure continues to be plus/minus 20% above the forecast feed grade of 1.2% Cu for the period. Since recommencing operations a total of 1,353 tonnes of concentrate have been produced at an average grade of 25% Cu. The circuit and concentrate specification is expected to be further optimised over the coming weeks.

Chris Fredericks, Chief Executive of Africa Copper, commented:

'This is a further major milestone achieved by our operational team at Mowana. We remain committed to meeting production objectives and to continue to deliver on expectations. We are delighted with the results achieved over this short period which continue to show a positive trend on previous commissioning performance and move the Company a step closer towards realising nameplate production.'

[rockonkel]

Zahlen sind da !


http://www.londonstockexchange.com/exchange/prices-and-news/…


mal sehen was passiert

[Atlantis2012]

Im englischen Board gefunden:
http://66.196.80.202/babelfish/translate_url_content?.intl=d…
Ich denke, hier geht es jetzt wieder sukzessive nach oben.

[caligulagrau]

MAY 4, 2010 - 02:00 ET
African Copper Plc: Operational Update

View News Release in PDF Format

LONDON, UNITED KINGDOM--(Marketwire - May 4, 2010) - African Copper Plc ("ACU" or "the Company") (AIM:ACU)(BOTSWANA:AFRICAN COPPER), the AIM-listed copper producer and exploration company, currently focused on Botswana is pleased to announce an operational update on its flagship copper producing Mowana Mine.

As previously reported, ACU had decided to purchase mobile crushing units in order to bypass the Secondary and Tertiary Crushing Plant which had been hindered by equipment breakdown and adverse weather conditions. The Company can now announce that these units have been purchased and commissioned, and are now being brought up to full capacity. Engineering consultants engaged in April have commenced the study for the redesign of the Secondary and Tertiary Plant.

In addition, the Company is finalising specifications of the wet tailings facility with the consulting engineers. The Environmental Management Plan for wet tailings disposal was submitted to the Botswana Government's Department of Environmental Affairs (DEA) in April 2010 and approval is expected in May 2010. The Company has also selected the Dense Media Separation ("DMS") plant to be installed and is seeking final board approval in May 2010. The DMS plant provides a pre-concentration of copper prior to milling and flotation and is expected to have the effect of allowing mining to a lower cut-off, processing of higher grade material through the concentrator and an overall increase in the contained metal output from the Mowana mine.

Further to previous announcements, the Company has now commenced deep exploration drilling in and around the Mowana mine and significant progress has also been made to bring Thakadu, the Company's nearby copper-silver deposit, into operation. The Thakadu exploration programme has been reviewed by the DEA and a final Environmental Impact Assessment (EIA) will be submitted in early May 2010 with approval expected later in the month. A Project Manager was appointed at the start of March 2010 and contract mining tenders are being conducted prior to the granting of the mining licence which is now also expected in May 2010.

Commenting, Jordan Soko, Executive Director of African Copper Plc, said, "We are pleased with the installation of the mobile crushers. The crushers are a key part of our programme of enhancements at our Mowana Mine. We believe that all these actions will significantly improve copper production at what is a high quality asset."

For further information please visit www.africancopper.com.

Notes to Editors:

African Copper Plc is an AIM-listed copper producer and exploration company, currently focused on Botswana. The Company's flagship project is the copper producing open pit Mowana mine. ACU also owns the rights to the adjacent Thakadu-Makala deposit. Both deposits are situated on the highly prospective Matsitama belt, located close to Botswana's second largest city, Francistown, in the north-eastern part of the country.

This press release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including, without limitation, statements regarding the ability of the Company's action plan (including the mobile crusher and wet tailings facility) to improve plant performance, the ability of the mobile crushing plant to be brought to full capacity, the approval of the Environmental Management Plan for wet tailings disposal approved by the DEA in May 2010, the approval of the DMS plant by the board in May 2010, the approval of the Thakadu EIA by the DEA in May 2010, the granting of a mining licence for Thakadu by the end of May 2010 and the timing of operations commencing at Thakadu are forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, performance of the proposed mobile crusher to process the envisaged volumes, whether the mobile crusher is a cost effective means of replacing the Secondary and Tertiary plant capacity, the timing of the granting of a mining licence for Thakadu, the effect on current and future production on depositing wet tailings into a temporary impoundment in the envisaged tailings footprint, ability to move to full capacity once the proposed action plan is complete, delivery and installation delays of the mobile crusher and the other risks disclosed in the Company©s most recent annual information form filed on SEDAR at www.sedar.com. All forward-looking information speaks only as of the date hereof and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that its expectations reflected in the forward-looking information, as well as the assumptions inherent therein, are reasonable, forward-looking information is not a guarantee of future performance and, accordingly, undue reliance should not be put on such information due to the inherent uncertainty therein.