Copper mine seeks to develop Northwest depositsBy BUUMBA CHIMBULUCENTRAL Copper Resources (CCR) is looking to raise equity to finance the development of its mines and exploration work in Zambia’s North-western province as well as Democratic Republic of Congo (DRC) through floating on the London Stock Exchange (AIM).CCR is a new copper exploration and development company with a 65 percent interest in 13 permits with an explorations permit covering an area of 292km2 in the Lunga basin in Zambia and 770km2 in the DRC and an exploration permit coveringThe funds raised will be invested directly into the company’s portfolio to advance the direct exploration and evaluation work programmes in the DRC and in Zambia, says CCR Chief Executive Officer, Kevin van Wouw.Mr van Wouw in an interview said the group was looking forward to accessing the capital markets in London and to build on its current strong shareholder register.CCR, he explained, was now finalising the necessary […]
Copper mine seeks to develop Northwest deposits
