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Last 0.40 GBp
Change Today 0.00 / 0.00%
Volume 166.3K
ACU On Other Exchanges
As of 11:30 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

african copper plc (ACU) Snapshot

0.40 GBp
Previous Close
0.40 GBp
Day High
0.40 GBp
Day Low
0.40 GBp
52 Week High
05/27/14 - 1.13 GBp
52 Week Low
01/29/15 - 0.33 GBp
Market Cap
Average Volume 10 Days
-0.01 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for AFRICAN COPPER PLC (ACU)

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african copper plc (ACU) Details

African Copper Plc, a base metals company, explores, develops, and mines copper deposits in the Republic of Botswana. It holds 100% interests in the Mowana copper mine with proved and probable reserves of 5.5 million tonnes; and interests in the Thakadu copper-silver project with probable reserves of 0.7 million tonnes located near Francistown city, the Republic of Botswana. The company was incorporated in 2004 and is based in Esher, the United Kingdom. African Copper Plc is a subsidiary of ZCI Limited.

324 Employees
Last Reported Date: 07/14/14
Founded in 2004

african copper plc (ACU) Top Compensated Officers

Acting Chief Executive Officer and Director
Total Annual Compensation: $33.0K
Chief Financial Officer and Director
Total Annual Compensation: $196.1K
Compensation as of Fiscal Year 2014.

african copper plc (ACU) Key Developments

African Copper plc Signs Secured Loan Facility of USD 4.5 Million

African Copper plc announced that it has signed a secured loan facility of USD 4.5 million from its controlling shareholder, ZCI Limited. The purpose of the ZCI loan facility is to provide the company with additional working capital as a result of difficult prevailing market conditions and associated cash flow shortfalls caused primarily by lower than planned production levels at Thakadu mine. The ZCI loan facility is a USD 4.5 million secured loan facility with an interest rate of 9% per annum with the principal and accrued interest repayable in installments from April 30, 2015 and repaid in full by July 31, 2015.

African Copper Plc Announces Resignation of Steve Georgala, Non-Executive Director

African Copper Plc announced that Steve Georgala, a non-executive director of the company, is resigning from the Board to focus on other business interests with immediate effect.

African Copper PLC Announces Board Changes

African Copper Plc announced the appointment of Roy Corrans, currently a Non-executive Director of African Copper, as Non-executive Chairman of the company in succession to David Rodier who is retiring from the Board with effect from 12 January 2015. The company also announced the appointment of Mr. Boikobo Paya as an additional Non-executive Director with immediate effect. Boikobo Paya is currently Head of Research at the Botswana International University of Science and Technology (BIUST). He is also a Non-Executive Director of Debswana, Chairman of Diamond Trading Company Botswana (both joint ventures between De Beers and the Botswanan Government), a Non-Executive Director of De Beers and a Director of BBKR Productions (Pty) Ltd. In addition, Mr. Paya is a member of the administrative boards of DB Investments SA, Debswana Investments SA and De Beers SA.


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