Anglo, Arc agree $90m Zambia exploration joint venture

📆 10/27/2023 2:39 PM
📰 MiningWeeklyAUS

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London Aim-listed Arc Minerals on Friday closed out a joint venture (JV) agreement with Anglo American in a deal worth $90-million. Parties have completed the subscription of shares in the JV company resulting in a 70% interest being acquired by Anglo American Exploration BV and a 30% interest acquired by Unico Minerals, a 67% Arc subsidiary.

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