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AFRICAN COPPER (ACU)     

smiler o - 13 Mar 2007 08:10



African Copper PLC is an UK incorporated company that holds prospecting and retention licences in north eastern Botswana:
the northern Dukwe Project (covering approximately 319 km2) which contains a near production target (the Dukwe deposit) and a number of exploration areas; and

the southern Matsitama Project (covering approximately 4,000 km2) which contains a large number of prioritized exploration targets.
Location Map
Two Large Project Maps


Dukwe Project Overview

The Dukwe deposit, which is contained within the Dukwe Project, has been traced by drilling and surface sampling over a total strike length of 4,370 m, of which the central 2,000 m section is currently being considered for selective underground mining. The deposit has been tested by drilling to a maximum depth of 550 m. The deposit contains near-surface supergene and transition copper resources and a substantial underlying sulphide resource. The Company intends to develop a flotation concentrator and underground access at Dukwe throughout 2007, subject to financing. Under this timetable, commericial production would be realized in early 2008 at a rate of about 44 million pounds of copper per year.

The southerly Matsitama Project is a 4,000 km2 prospective exploration area containing numerous showings of copper, lead-zinc and nickel and covering the entire Matsitama Belt. A number of strataform and stratabound sedimentary hosted copper deposits are known to occur within the belt. A large number of high amplitude geochemical anomalies also exist, but these latter targets have seen virtually no exploration. Af4rican Copper has embarked on a multi-year exploration programme in Matsitama and intends to complete a pre-feasibility study on the Thakadu/Makala copper-silver deposits in 2006.

Chart.aspx?Provider=EODIntra&Code=ACU&SiChart.aspx?Provider=EODIntra&Code=ACU&Si



Sun Dec 31, 2006
Share Structure

--------------------------------------------------------------------------------
Shares Issued 128.84m
Market Cap 83.75m


Key Personnel
CEO Joseph Hamilton
COO Chris Fredericks



http://www.africancopper.com/s/Home.asp

http://www.metalprices.com/FreeSite/metals/cu/cu.asp

smiler o - 13 Mar 2007 08:12 - 2 of 56

Dukwe Progress in Botswana - 14th February '06' Featured News
African Copper has received the initial capital cost estimates for an underground mine and flotation concentrator on its Dukwe Copper project in Botswana from Project Managers Read Swatman & Voight, with Senet producing all the process plant designs. A total of approximately $37 million is estimated in direct costs to construct a 350 t/h three-stage crushing circuit feeding a standard ball mill and sequential sulphide and oxide flotation circuits. Excess tailings will be filtered and dry stacked, and allowance has been made for a paste backfill plant. The mill is rated for a 3,000-t/d throughput, but all designs have been made to allow for an expansion in the future.

The underground mine design is for a twin ramp system. The linear nature of the Dukwe copper deposit is amenable to conveyor haulage from the deeper parts of the deposit. One ramp will house the conveyor system, and the sister ramp will be for men and materials. In the initial years of the mine, it is envisaged that supergene material will be hauled to surface by truck from above the 125 m level. Final underground mine design and related capital costs will be completed after the current delineation drilling programme has determined the geometry and distribution of copper in the deposit.

Detailed operating cost estimates are currently being prepared but initial estimates show crushing, grinding and flotation costs of some $10/t and general and administration costs of about $5/t. Mine operating costs will become available upon finalization of the underground mine design. African Copper is targeting initial underground production of approximately 50 Mlb/y of copper in concentrate.

Locked cycle metallurgical tests from the sulphide material have shown recoveries between 88% and 93% creating marketable concentrates containing 27% to 30% copper. The environmental, archaeological and water permitting processes have been initiated with permits expected shortly.

smiler o - 13 Mar 2007 15:11 - 3 of 56

AIM: ACU
BSE: African Copper
TSX: ACU


AFRICAN COPPER Plc
('the Company')


Disclosure of Shareholding


The Company was notified on 8 March 2007 that as at close of business on 6 March
2007 The Goldman Sachs Group Inc. has a notifiable interest in 12,911,215
ordinary shares in the Company. These shares are held by Goldman, Sachs & Co (a
wholly owned subsidiary of The Goldman Sachs Group Inc.) acting as custodian for
its customers.


This interest represents 9.89% of both the Company's current issued share
capital and of total voting rights.





smiler o - 13 Mar 2007 16:33 - 4 of 56

well ajcc it would be good to see a tic up like last year same time !!!!!

smiler o - 13 Mar 2007 17:02 - 5 of 56

Copper Prices Increase After Metal Imports Surge in China

By Millie Munshi and Halia Pavliva

March 12 (Bloomberg) -- Copper prices rose in New York after demand surged in China, the world's biggest consumer of the metal used in pipes and wires.

China's copper imports rose 70 percent in February from a year earlier and 4.7 percent from January, preliminary data from the Beijing-based customs office showed. Prices have more than doubled in the past three years, boosted by consumption in China, the world's fastest growing major economy.

``The import data shows a pretty large increase, which is important because normally imports tend to weaken in February,'' said Catherine Virga, an analyst at CPM Group, a commodities research firm in New York. ``This is pretty bullish.''

Copper futures for May delivery rose 4.85 cents, or 1.7 percent, to $2.8325 a pound at 11:43 a.m. on the Comex division of the New York Mercantile Exchange. Before today, prices had gained 26 percent in the past 12 months.

A futures contract is an obligation to buy or sell a commodity at a fixed price for delivery by a specific date.

China's year-on-year imports of copper, used in construction and appliances, have gained since December as domestic stockpiles dwindled. The country imported 239,772 metric tons of unwrought copper and copper products in February, up from 141,076 a year earlier and 229,077 tons in January, according to the customs-office and data compiled by Bloomberg.

``China's strong, growing demand for metals and minerals, which has been a key driver of market strength, seems set to continue,'' Paul Skinner, chairman of Rio Tinto Group, one of the world's largest mining companies, said in its annual report filed today. ``We expect prices in 2007 to continue at levels significantly above the long-term trend.''

`Growing Faster'

China buys about 20 percent of the 17 million metric tons of copper sold annually, while Asia as a whole buys about 50 percent, according to Prudential Equity Group LLP.

``China will need more copper than expected as the economy is growing faster,'' said Michael Widmer, director and head of metal research at Calyon in London.

smiler o - 15 Mar 2007 08:54 - 6 of 56

IFC to put more into African mines
March 14, 2007

By Stewart Bailey

Johannesburg - The International Finance Corporation (IFC) plans to double the number of sub-Saharan mining projects it invested in amid rising metal prices and improvement in corporate governance.

The World Bank's private investment arm, which in the past invested in no more than two projects a year, would aim to participate in four annually, and would diversify from its focus on gold towards base metals as opportunities arose, Rashad Kaldany, the director of its oil, gas, mining and chemicals unit, said yesterday.

"We're targeting sub-Saharan Africa as a major focus of engagement in the mining sector. Traditionally we looked at gold. Now there are opportunities in copper, aluminium and iron ore. We're please it's becoming more diversified."

Drawn by a rally that drove copper and uranium to records in the past year, companies such as Anglo American and Phelps Dodge committed to spending $34.7 billion (R256 billion) on projects last year, almost two-thirds more than in 2005. Their attraction to sub-Saharan Africa is enhanced by the world's largest reserves of platinum, bauxite, gold and manganese.

smiler o - 19 Mar 2007 16:28 - 7 of 56

African Copper PLC
19 March 2007

PRESS RELEASE
19 March 2007


www.africancopper.com


AIM: ACU
BSE: African Copper
TSX: ACU

AFRICAN COPPER Plc
('the Company')

Disclosure of Shareholding


The Company received notification on 15 March 2007 that as at close of business
on 13 March 2007 The Goldman Sachs Group Inc. has a notifiable interest in
13,148,615 ordinary shares in the Company. These shares are held by Goldman,
Sachs & Co (a wholly owned subsidiary of The Goldman Sachs Group Inc.) acting as
custodian for its customers.

This interest represents 10.08% of both the Company's current issued share
capital and of total voting rights.

smiler o - 20 Mar 2007 17:04 - 8 of 56

AIM: ACU

BSE: African Copper

TSX: ACU



AFRICAN COPPER Plc

(the Company')

Disclosure of Shareholding


The Company was notified on 20 March 2007 that QVT Financial LP has a notifiable
interest in 5,101,027 ordinary shares in the Company. This interest represents
3.9% of both the Company's current issued share capital and of total voting
rights.


This disclosure is made as a result of QVT Financial plc restating their
historic interest in the Company in compliance with the FSA's new Disclosure and
Transparency Rules.

smiler o - 16 May 2007 08:26 - 9 of 56

AFRICAN COPPER PLC

UNAUDITED CONSOLIDATED FINANCIAL INFORMATION

Three Months ended 31 March 2007

Expressed in Pounds Sterling

The accompanying Financial Information for the three months ended 31 March 2007 and 31 March 2006 have not been
reviewed or audited by the Company's Auditors and has an effective date of 14 May 2007.

African Copper Plc

soul traders - 16 May 2007 09:19 - 10 of 56

Smiler, have you seen LND? A nickel explorer in the stages of proving up resources. SP has doubled in a month, up around 15% today.

PDYOR.

smiler o - 16 May 2007 09:23 - 11 of 56

Thanks for that ST will have a look :)

smiler o - 16 May 2007 13:26 - 12 of 56

Some good news in today's Q1 results.

* Mining licence expanded from 2km to 5 km covered by existing eia permits and without Bot gov taking up 30% option.

* Resource updates due this quarter which will include a further 9000 metres of drilling which will lead into full mining and production schedule due out q4/07

* Technically we are mining (though not processing). 6 scrapers on site should have 180/210kt of material waiting for the commissioning of the processor.

* SX-EW route being looked at. This will cost big bucks. Anvil announced recently that they intend to build one in DRC. 60 k/t pa at a cost of $240m. Makes a lot of sense to go this route with oxides and smelter capacity/terms and conditions.

smiler o - 17 May 2007 21:33 - 13 of 56

African Copper says Thakadu drilling show high grade copper-silver intersections
AFX


LONDON (Thomson Financial) - AIM-listed African Copper PLC said the first round of drilling at its 100 pct owned Thakadu deposits showed exceptionally high grade copper-silver intersections.

The Thakadu deposits incorporate two project areas within African Copper's Matsitama Exploration Project in Botswana.

A resource estimate is underway and is expected to be completed in June, the exploration and development company said.

Drilling on priority targets in the vicinity of Thakadu is currently underway, it said.

The company's chief executive Joe Hamilton said the Thakadu deposits are its most advanced exploration targets and represent exciting possibilities for growing production beyond the nearby Dukwe mining project.

The company is developing its first copper mine at the Dukwe mining project scheduled to commence production in the first quarter of 2008.


smiler o - 03 Jun 2007 12:21 - 14 of 56

AIM: ACU
BSE: African Copper
TSX: ACU

AFRICAN COPPER Plc
('African Copper' or 'the Company')

Disclosure of Shareholding


The Company was notified on 30 May 2007 that Geologic Resource Funds have a
notifiable interest in 13,189,335 ordinary shares in the Company. This interest
represents 10.05% of both the Company's current issued share capital and of
total voting rights.

Ends

smiler o - 05 Jun 2007 08:20 - 15 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

June 5, 2007

African Copper-Infill Drill Programme Returns High-grade Intersections and Shows Vertical Continuity of Copper
Mineralisation in the Proposed Open Pit Area at Dukwe

- 17,000 metre drill programme completed at the Dukwe Project

- Infill drill programme completed within open-pit boundary to provide confidence in vertical continuity of
mineralisation in steeply east dipping mineralized zone

- Metallurgical drill hole returns 1.18% copper and 2.4 g/t silver over a vertical distance of 454 metres

- 2.65% copper and 2.5 g/t silver over a vertical distance of 113 metres from 40 metres below surface

- 2.51% copper and 5.6 g/t silver over a vertical distance of 94 metres from 32 metres below surface

- 2.49% copper and 2.8 g/t silver over a vertical distance of 107 metres from 21 metres below surface

- 1.73% copper and 1.5 g/t silver over a vertical distance of 130 metres from 20 metres below surface including
97 metres at 2.12% copper and 1.6 g/t silver

- Updated resource calculation is expected before the end of June 2007

LONDON, UNITED KINGDOM--(CCNMatthews - June 5, 2007) - African Copper Plc ("African Copper" or the "Company")
(TSX:ACU)(AIM:ACU)(BSE:AFRICAN COPPER) announces results from the recently completed in-fill drill evaluation
at its flagship Dukwe Mining Project in northern Botswana.

The Dukwe Project is hosted within the NNE striking, steeply east dipping Bushman Shear Zone (BSZ). The
lineament is a 200km long regional structure which is between 200 to 400m wide. The drill holes described in
Table 1 below are all within the proposed open pit area (see link to Figure 1) and are drilled sub-vertically
into sub-vertical mineralisation.

"This drill programme was designed for grade control and to verify the vertical continuity of the Dukwe ore
body," commented Joseph Hamilton, CEO. "The results from this set of drill holes, in conjunction with results
from holes that were drilled previously (African Copper press releases early 2006), have given us a much
clearer picture of the ore body we intend to mine and the grades we will encounter as we progress through the
open pit. A new resource calculation is currently underway for the Dukwe pit area and we expect to have that
complete before the end of the second quarter of 2007."

All significant copper mineralisation within the primary sulphide zone at the Dukwe Mining Project occurs as
chalcopyrite hosted by a complex assemblage of hydrothermal quartz veins and vein breccias within metamorphosed
carbonate rocks. This characteristic assemblage is continuous along strike and is subject to the pinch-and-
swell deformation associated with the regional BSZ. The near surface parts of this mineralisation have been
enriched in a supergene blanket, while the zones closest to surface have been oxidized with the development of
copper carbonate, silicate and oxide minerals as well as native copper. This mineralized breccia package has a
variable overall true width ranging from less than 10m to 80m.

In line with the Company's strategy to fully exploit the economic potential of its mineralized resources and to
generate cash flow as quickly as possible to optimize shareholder value, the potential to mine economic
mineralisation from the upper oxide and supergene zones of the deposit was identified as being a viable
operational strategy.

Consequently, during the period mid-July to mid-December 2006, African Copper undertook a focused infill
drilling programme, over the areas of the Dukwe orebody considered amenable for open pit mining, between
Section Line 16 and Section Line 53. To optimize costs and the speed of evaluation, a policy of drilling
alternating diamond drill and reverse circulation holes was implemented on a nominal collar spacing of 20m
meters between holes. The majority of holes were drilled vertically, or steeply inclined, to a depth of 150m,
this being the boundary between oxide/supergene and sulphide mineralisation, and the practical limit of open
pit mining at Dukwe.

The drill programme included holes in both the pit area and in extensions to the mineralisation to the south
(southern extension holes not reported here). A total of 114 new holes were drilled over a strike length of 1.8
km and comprised a combined total of diamond drill and reverse circulation drill advance of 16,993 meters. A
full series of illustrative drill sections indicating intersections at greater than 0.25% Cu achieved during
this programme may be referenced on the African Copper website
www.africancopper.com
. A tabulation of the
intersections at greater than 0.25% Cu is included in Table 1 for reference.

Industry standard sampling and assaying protocols consistent with previous drill evaluation at the deposit have
been applied. A total of 9,353 samples excluding QA/QC samples were submitted to ALS Chemex in Johannesburg for
assay including both TCu and ASCu. Upon receipt and completion of assay data from ALS Chemex, a total of 609
samples were selected and sent for umpire analysis to SGS laboratories in Johannesburg; these results are
currently awaited. On receipt and verification of the umpire samples, the new assay data will be incorporated
with historical data and applied in the calculation of the new National Instrument 43-101, JORC and SAMREC
compliant resource estimate.

Caracle Creek International Consulting have been retained by African Copper to complete a fully compliant
National Instrument 43-101 resource estimate inclusive of this latest phase of evaluation drilling. It is
anticipated that this work will be completed by end-June. A pit optimization incorporating the latest mining
and processing parameters will be undertaken in June to generate an updated mineable reserve and finalise the
optimal open pit production plan.


African Copper, PLC

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development
company. African Copper is developing its first copper mine at the Dukwe Mining Project scheduled to commence
production in the first quarter of 2008. The flotation concentrator at Dukwe has been designed for a 3,000
tonne-per-day throughput producing approximately 44 million pounds of copper in concentrate annually at full
production. Initial production is expected to be from open pit, followed by underground mining of sulphides.
Additional information with respect to Dukwe is contained in a technical report by RSG Global dated 01 December
2006 entitled "Dukwe Copper Project - Database Review, Geological Modeling and Grade Estimation of the Dukwe
Copper Project". A copy of this report may be obtained from SEDAR at
www.sedar.com
.

The Company's other interests are the Matsitama Exploration Project concessions adjacent to the Dukwe Mining
Project, which contains ten high priority drill-ready targets and 35 lower priority targets. Mr. Joseph
Hamilton, P.Geo. and Chief Executive Officer of African Copper, is a "qualified person" as such term is defined
in National Instrument 43-101. This press release has been prepared under Mr. Hamilton's supervision. Mr.
Hamilton has reviewed the data disclosed in this press release for accuracy. For more information on African
Copper, please visit
www.africancopper.com
or email
info@africancoppper.com.

This press release contains or refers to forward-looking information, including statements related to future
production, mineral resource estimates, exploration and mine development plans, timing of the development of
the Company's projects in Botswana, exploration results, and other statements which are not historical facts.
When used in this press release, words such as "schedule", "could", "plan", "estimate", "expect", "believe",
"intend", "may" and similar expressions are forward-looking statements. Although the Company believes that its
expectations reflected in these forward-looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be consistent with these forward-looking
statements. Important factors that could cause actual results to differ from these forward-looking statements
include risks related to failure to convert estimated mineral resources to reserves, the grade and recovery of
ore which is mined varying from estimates, future prices of copper, capital and operating costs varying
significantly from estimates, uncertainties relating to the availability and costs of financing needed in the
future, changes in equity markets, inflation, changes in exchange rates, delays in the development of projects,
conclusions of economic evaluations, political risks arising from operating in Africa, changes in project
parameters as plans continue to be refined, and other risks involved in the mineral exploration and development
industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that
could case actual results to differ materially from expected results. Accordingly, readers should not place
undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof
and the Company assumes no responsibility to update them or to revise them to reflect new events or
circumstances, except as required by law.

A map of African Copper's Dukwe pit area hole location is available at the following web address:


http://www.ccnmatthews.com/docs/dukwepitareamap.pdf


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

African Copper Plc
Naomi Nemeth
Vice President, Investor Relations
(416) 214-2922
Email:
Info@africancopper.com
Website:
www.africancopper.com

smiler o - 08 Jun 2007 08:57 - 16 of 56

Growing African Copper into Botswana's next copper producer

LONDON, UNITED KINGDOM--(Marketwire - June 7, 2007) - African Copper ("African Copper" or the "Company") (TSX:ACU)(AIM:ACU)(BSE:AFRICAN COPPER) announces its business and growth strategy as it makes the transition from exploration through development and into production over the course of the next 12 months.

"African Copper has reached the stage in its evolution as a company where we are in the position to articulate our broader business strategy and our opportunities for growth," commented Joe Hamilton, African Copper's Chief Executive Officer. "We began with an extensive sulphide exploration programme in the Bushman Shear area of northeast Botswana in 2005. By the end of 2006 we had completed the delineation of resources available for mining and had finalized flowsheets and mining methods. The 2006 year culminated in the award of a 25-year mining licence and the commencement of construction activities at the Dukwe site. We have also begun construction of a 1-million tonne-per-year concentrator. Alternative production optimizations scenarios are currently under examination in order to maximise the currently available mineralized asssets. Pre-production stripping has also been approved by the Board through the utilization of a scraper fleet to extract near-surface overburden ahead of the mobilization of the main load & haul fleet. We expect to have copper production in the first quarter of 2008 from the Dukwe open pit. The strategy that follows is our roadmap for the future."

Our Growth Strategy

African Copper's goal is to grow as a base metal (copper) mining company and to provide above average returns to shareholders. The Company's most advanced project is the Dukwe Mining Project, for which extensive drilling and sampling and subsequent engineering and metallurgical test work has been completed. African Copper also owns the rights to the prospecting leases for the Matsitama Exploration Project, which lies adjacent to and south east of the Dukwe Mining Project. The Matsitama Exploration Project offers 10 drill-ready and highly prospective targets, including the Thakadu-Makala Project.

In order to reach African Copper's goal, a growth strategy has been implemented encompassing four key strategic growth objectives:



1. Production - copper production from the Dukwe Mining Project is expected to commence by the end of the first quarter of 2008 via open pit, 2. Production Expansion - the processing plant has been engineered to allow for a simple expansion of throughput capability. In order to increase production the Company must first determine the ultimate source for increased mill-feed, including the following options: a. Underground resource - The substantial underground sulphide resource is the most obvious source for supplying new mill-feed to an expanded processing facility. The material has indicated resources. An access plan with estimated capital costs and stoping outlines is expected to be delivered by year-end 2007. Underground resources will likely require trial mining prior to conversion to reserves. b. Near pit resources - The Dukwe mineralization is known to extend to the north and south of the open pit area. Significant copper-in-soil anomalies exist along the 25-kilometre surface expression of the Dukwe Shear. A recent geophysical survey has identified a number of co-incident high-priority targets that will be drill-tested by year-end 2007. A second open pit is a preferred development option since capital requirements will likely be less than capital required for an underground mine. c. Production Optimisation - Studies are currently underway to optimize the recovery of copper from the open-pit through the potential utilization of Dense Media Separation (DMS) and Solution Extraction & Electrowinning (SX/EW). The process facility has been designed to allow an easy retrofit of either option if the studies prove positive. Preliminary results have indicated that the Dukwe mineralization is amenable to upgrade through a DMS plant. This would 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 of the Dukwe deposit. 3. Exploration - an aggressive exploration programme in the Matsitama Exploration Project area continues at Thakadu, Nakalakwana Hill, and at various other nickel, zinc and copper targets. The Company intends to move swiftly through the initial assessment of these targets and advance the most promising targets to delineation drilling as soon as possible. The latest drill results from Thakadu (see African Copper press release dated 17 May 2007) have shown that the Matsitama belt is host to high-grade deposits of copper and silver. 4. Mergers & Acquisitions - African Copper continues to identify and assess other projects and operations where a strategic fit has the possibility of enhancing shareholder value.




1. Production

The success of the Dukwe Mining Project is dependent on reaching key predetermined milestones over the course of the next 5 years involving both the initial open pit mine and the processing plant, both of which are currently in development.

African Copper anticipates production of the first copper concentrate from the Dukwe Mining Project in the first quarter of 2008, ramping up to full production through the remainder of the year. In order to reach full production, a number of events must occur, some of which were documented in the first quarter of 2007 and others which have yet to occur.

During the first quarter of 2007, the Company was granted an unconditional archeological permit which is required under Botswana regulations. Any areas of archeological interest that had been identified on the property to be covered by the mining lease, including areas of artifacts remaining from previous mining operations, were examined by third party consultants and reports are compiled for historical records. Once this mitigation process was complete, a permit was granted allowing the Company to work through these areas.

In December 2006, the Government of Botswana granted the Company a 25-year mining licence. This approval followed previous approvals by the government of the Environmental Impact Assessment ("EIA"), the Environmental Management Plan ("EMP") and the granting of Water Abstraction Rights. The issuance of the mining licence allowed the Company to begin the mine construction programme at the Dukwe Mining Project. During the first quarter of 2007, the mining licence was expanded to include a 5 km area of influence along the strike extent of mineralization around the mining area, an expansion from the 2 km area of influence originally granted. Under existing EIA and permits, any material found in this expanded area may be brought into the mine plan without the requirement for additional permitting.

An updated mineral resource estimate is being calculated for the Dukwe Mining Project to include the 7,000 metres of drilling that was completed subsequent to the cut-off date of the previous mineral resource estimate (see African Copper press release December 2006). Upon completion of this updated estimate, which the Company expects to release by the end of the second quarter of 2007, the information will be used to reevaluate the open pit optimization plan. This in turn will allow the completion of an optimized production schedule. African Copper anticipates announcing this schedule by late third quarter or early fourth quarter of 2007.

In terms of processing plant development, the primary, secondary and tertiary crushers were purchased in June 2006 and are currently undergoing retrofitting in Johannesburg, South Africa. An order for a ball mill was placed in June 2006. The Company expects that all three crushers and the ball mill will be installed by the end of the third quarter of 2007. The deep footing and foundations for each of these pieces of equipment were nearing completion at the end of the first quarter of 2007.

Botswana Power Corporation (BPC) has been contracted to supply power from the main grid to the mine site by the fourth quarter of 2007. Until that time, construction power will be provided by a generator, which will later be used as a standby power supply during production. The power line to the water bore field has been commissioned and this is initially powered using the on-site diesel generator.

In early May 2007, the Company signed a 66-month mining contract with Moolman Mining Botswana (Pty) Ltd ("Moolmans"), an operating group of Aveng Limited. The contract provides for both the mobilization and demobilization of the mining fleet which, at full contingent, will consist of three face-loading shovels and twenty-six 100-tonne haul trucks. The Company expects this fleet to mobilize over a six to ten month period beginning in July 2007 and begin operating in August 2007. It is anticipated that the mining cost will be in the range of US$1.80 - $2.50 per tonne of material moved (both ore and waste rock) over the course of this contract.

Currently, Moolmans has a fleet of six scrapers in operation on site to facilitate the pre-stripping of surface material. Through this pre-stripping process, African Copper anticipates the stockpiling of 180,000 to 210,000 tonnes of material prior to the commissioning of the 1-million tonne-per-year concentrator. This stockpile will be used to help ensure a smooth start-up and commissioning phase for the processing facility.

Site construction activities are expected to reach completion by late fourth quarter of 2007 with cold commissioning of the processing plant planned to begin early in the first quarter of 2008 and hot commissioning planned for mid to late first quarter resulting in the production of first concentrate in the first quarter of 2008.

Another key driver for achieving production from the Dukwe Mining Project on time is the hiring of required personnel at all levels. To the end of the first quarter of 2007, all senior staff members have been recruited and are in place. Over the next four quarters, the Company and its contractors will continue to hire semi-skilled labour from the region surrounding the Dukwe Mining Project. With seven operating mines within a 200 km radius of the Dukwe Mining Project, the Company believes there is no shortage of skilled workers. Relationships with the local communities from which much of the labour will be drawn remain cordial and African Copper has implemented community relations programmes to increase awareness of the Dukwe Mining Project and the employment opportunities that will arise for community members.

It is African Copper's intention to change the name of the Dukwe Mining Project before the end of the third quarter 2007. A study is currently underway in consultation with local communities to explore potential names for this open pit mine.

2. Production Expansion

African Copper has a large land position around the Dukwe Mining Project in a favourable geological setting, which remains relatively unexplored. Sourcing additional mill-feed for production expansion may come from one or more of three options: underground mining, near-mine exploration or from production optimization methodologies.

Underground mining/secondary pit

A substantial portion of the Company's indicated resource occurs as sulphide copper beneath targeted open-pit mining levels. This material represents a significant opportunity for African Copper to access extra mill-feed early in the mine-life of Dukwe. The current development plan envisages the underground mine being developed over the life-span of the open-pit utilizing available cash flow to support capital costs. Accelerating this underground development would allow the Company to supply more mill-feed to the processing facility and thereby increase the annual copper production from the Dukwe Mining Project. Studies are currently underway to determine likely capital costs and construction schedules for the underground mining option. These studies are expected to be complete by the end of 2007.

Near-mine exploration

Extensive TITAN geophysical surveys have been completed along strike of the Bushman Shear zone from the Dukwe mineralization. These surveys encompass an area of more than 30 km around the shear zone to the north and south of the proposed open pit, where sulphide mineralization at the Dukwe Mining Project is known to continue. During the fourth quarter of 2006 the Company completed compilation of the data from these geophysical surveys. This information will be integrated into the development plan for the entire deposit and the results of this survey will form the base for follow-up exploration and delineation drilling during 2007. A number of copper and gold targets have been generated to the south of the Dukwe deposit. Exploration drill programmes are expected to commence shortly on the most prospective targets. The development of a second open pit may allow for an increase in plant throughput and associated copper production. Capital costs for a second open pit are expected to be lower than for the development of an underground mine.

Mineral resource estimates were completed in the vicinity of the proposed open pit in December 2006. Additional drilling was completed to the south of the pit area after the cut-off date for compiling the December estimate. In addition, a close-spaced drill programme was conducted within the open-pit for grade control purposes. African Copper intends to provide a new mineral resource estimate for both the proposed open pit and potential underground mine before the end of the second quarter of 2007.

Production optimization

The Company is testing the applicability of using Dense Media Separation ("DMS") technology for the processing of mixed ore materials as a method to maintain grade control thereby optimizing production. In addition, the use of conventional Leach Solution Extraction & Electrowinning technology to treat oxide concentrates on site is being examined. Results of test work to determine suitability and applicability of these technologies is expected in the third quarter of 2007. Initial results remain encouraging. The DMS plant will be required to enable bulk mining of the underground mineralization, but the Company may elect to utilize the same technology during open-pit mining.

The Dukwe mineralization has a vertical orientation with a resultant high strip ratio in the open-pit. Pit slope studies were completed in 2006 on a pit design that had a near-zero risk of failure. New studies have been commissioned that will look at risk-adjusted angles for pit slopes. These studies may result in different pit slope angles and a change in the ultimate pit strip ratio which may enhance the project economics.

Additional information with respect to Dukwe is contained in a technical report prepared by RSG Global dated December 1, 2006 entitled "Dukwe Copper Project - Database Review, Geological Modeling and Grade Estimation of the Dukwe Copper Project. A copy of this report may be obtained from Sedar at www.sedar.com.

3. Exploration

Exploration activities are divided into risk profiles (ranked from lowest to highest risk):

i) near mine exploration - lowest risk

ii) along strike indications of mineralization to the south of the Dukwe deposit

iii) exploration in the vicinity of known mineralization - Thakadu

iv) greenfields exploration of geophysical/ geochemical anomalies - highest risk

Near-mine exploration activities are described in the Production Expansion section above and will be conducted utilizing the mine-site geological team. The objective is to move discovered areas of mineralization that are in close proximity to the processing facility into a consolidated mine plan.

Previous workings identified an area of the Dukwe shear that had substantial copper and gold anomalies in soils. Coincident geophysical anomalies mark these areas as having a high priority for follow-up. The Company expects to mobilise a drill before the end of the second quarter of 2007.

The Matsitama Prospecting Licences cover an area of approximately 2,000 km2 of highly prospective mineral holdings. The Matsitama exploration porgramme is administered from a stand-alone exploration base camp just outside of Matsitama Village and close to the Thakadu deposits. The exploration activities are separate from the operating team at the Dukwe deposit and maintain a dedicated staff with a specific budget.

Two areas within the large Matistama Prospecting Licences have been the subject of continuing studies:

1. Thakadu-Makala-Dihudi-Mutsuku trend ("Thakadu");

2. Nakalakwana

Both of these areas of focus have undergone extensive geophysical surveying. Exploration drilling in each area is ongoing and results will be released as they become available. The Matsitama Exploration Project has a wealth of systematic multidisciplinary exploration data that indicates substantial areas of highly prospective terrain especially for sediment-hosted copper and zinc deposits.

Additional information on the Matsitama Exploration Project is contained in a technical report dated 30 March 2006 and entitled "Technical Report on the Dukwe Copper Project and Matsitama Prospecting Licences, Botswana, Africa", a copy of which can be obtained under the Company's profile on SEDAR at www.sedar.com.

Thakadu

The Thakadu deposits are located approximately 70 km to the southeast of the Dukwe Mining Project and 5 km to 10 km from the Francistown-Orapa paved highway. In 2006, the Company established an exploration base camp and initiated a 10,000 metre delineation drill programme at the Thakadu deposits. The drilling was confined to depths that could be accessed by open-pit methods although the deposits are known to continue to depth. This drilling programme was completed in 2006, and final assays have been received. A mineral resource estimate is currently being prepared by independent consultants, and this is expected to be released by the end of the second quarter of 2007. The geological mapping of drill core from Thakadu has led to new geological interpretations of the area. Several unexplored geochemical anomalies have now become higher priority exploration targets.

The Thakadu deposits represent an advanced exploration project that has the potential to develop into a mining project in its own right or, alternatively, as a complementary project running either in parallel or in series with the Dukwe Mining Project. A preliminary economic assessment of the capital costs required to bring the Thakadu deposits to production indicate that another deposit of similar size and grade is required in the immediate area in order to justify the construction of a stand-alone plant. Exploration efforts will be focused on the unexplored geophysical and geochemical anomalies within 5 kilometres of the Thakadu deposits.

Drilling of new targets discovered by the geophysical surveys undertaken in 2006 continues with results expected in the third quarter of 2007.

Nakalakwana

This Copper/Gold exploration target is represented by an extensive area of alteration, some 5 km by 12 km, the centre of which is located approximately 140 km to the southeast of the Dukwe Mining Project. More than 1,700 metres of phase one drilling was completed by the end of April 2007 and results are expected for release by the end of the second quarter of 2007. In addition, an extensive TITAN geophysical survey has been completed over a substantial potassium radiometric anomaly that occurs in this area. This survey has generated a number of high-priority anomalies and drilling of these targets will continue throughout 2007.

4. Mergers & Acquisitions

African Copper will continue to examine potential merger or acquisition opportunities in southern Africa where strategic fit with current projects is determined. Copper remains the focus for the Company, although opportunities exist for zinc, nickel and gold deposits.

Strategy Summary

This strategy provides the roadmap that African Copper will use as a guide for growth as it makes the transition from explorer to producer. The roadmap identifies key strategic decision points that will be constantly challenged to adjust thinking in order to optimise the transition of the Dukwe deposit into production, expand and optimise tenement production opportunity, and to identify new exploration targets leading to future resources.

Mr. Joseph Hamilton, P.Geo. and Chief Executive Officer of African Copper, is a "qualified person" as such term is defined in National Instrument 43-101. This press release has been prepared under Mr. Hamilton's supervision.

African Copper PLC

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development company. African Copper is developing its first copper mine at the Dukwe Mining Project scheduled to commence production in the first quarter of 2008. The flotation concentrator at Dukwe has been designed for a 3,000 tonne-per-day throughput producing approximately 44 million pounds of copper in concentrate annually at full production. Initial production is expected to be from open pit, followed by underground mining of sulphides.

The Company's other interests are the Matsitama Exploration Project concessions adjacent to the Dukwe Mining Project, which contain ten high priority drill-ready targets and 35 lower priority targets. For more information on African Copper, please visit www.africancopper.com or email info@africancoppper.com.

This press release contains or refers to forward-looking information, including statements related to future production, exploration and mine development plans, timing of the development of the Company's projects in Botswana, exploration results, metallurgical test results, and other statements which are not historical facts. When used in this press release, words such as "schedule", "could", "plan", "estimate", "expect", "believe", "intend", "may" and similar expressions are forward-looking statements. Although the Company believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include risks related to failure to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, future prices of copper, capital and operating costs varying significantly from estimates, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, delays in the development of projects, conclusions of economic evaluations, political risks arising from operating in Africa, changes in project parameters as plans continue to be refined, and other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could case actual results to differ materially from expected results. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or to revise them to reflect new events or circumstances, except as required by law.

smiler o - 20 Jun 2007 13:31 - 17 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

June 20, 2007

African Copper Announces Private Placement with Botswana Institutional Investors to Raise up to 92,045,492
Botswana Pula

LONDON, UNITED KINGDOM--(CCNMatthews - June 20, 2007) - African Copper Plc ("African Copper" or the "Company")
(AIM:ACU)(TSX:ACU)(BSE:AFRICAN COPPER) announces that it proposes to raise up to 92,045,492 Botswana Pula
(approximately Pounds Sterling 7.5 million or C$15.9 million) by way of a private placement of up to 8,367,772
ordinary shares at a price of 11 Botswana Pula (approximately Pounds Sterling 0.89 and C$1.89) per ordinary
share (the "Private Placement").

The Company has received indications from potential subscribers that, if fulfilled, will satisfy the entire
Private Placement.

The Company has agreed to pay a capital raising fee in cash to Capital Corporate Finance (Pty) Ltd. (Gaborone,
Botswana) equal to 5% (exclusive of taxes) of the proceeds raised pursuant to the Private Placement.

The Private Placement is scheduled to close on or about 26 June 2007 and is subject to certain conditions,
including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto
Stock Exchange and admission of the placing shares to trading on the AIM market of the London Stock Exchange.

Mr. Joseph Hamilton, Chief Executive Officer of African Copper commented:

"The Botswana Stock Exchange has been very successful in facilitating the investment of domestic and
international savings into financial economic growth and diversification within Botswana. This share placement
from managers of Botswana pension assets strengthens African Copper's ties with the local community and further
promotes investment from the Botswana private sector. African Copper is committed to promoting expansion and
growth of the Botswana economy as it develops its first mine at the Dukwe Mining Project".

African Copper, PLC

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development
company. African Copper is developing its first copper mine at the Dukwe Mining Project scheduled to commence
production in the first quarter of 2008. The flotation concentrator at Dukwe has been designed for a 3,000
tonne-per-day throughput producing approximately 44 million pounds of copper in concentrate annually at full
production. Initial production is expected to be from open pit, followed by underground mining of sulphides.

The Company's other interests are the Matsitama Exploration Project concessions adjacent to the Dukwe Mining
Project, which contains ten high priority drill-ready targets and 35 lower priority targets. For more
information on African Copper, please visit
www.africancopper.com
or email
info@africancoppper.com.

This press release contains or refers to forward-looking information, including statements related to future
production, exploration and mine development plans, timing of the development of the Company's projects in
Botswana, exploration results, metallurgical test results, and other statements which are not historical facts.
When used in this press release, words such as "schedule", "could", "plan", "estimate", "expect", "believe",
"intend", "may" and similar expressions are forward-looking statements. Although the Company believes that its
expectations reflected in these forward-looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be consistent with these forward-looking
statements. Important factors that could cause actual results to differ from these forward-looking statements
include risks related to failure to convert estimated mineral resources to reserves, the grade and recovery of
ore which is mined varying from estimates, future prices of copper, capital and operating costs varying
significantly from estimates, uncertainties relating to the availability and costs of financing needed in the
future, changes in equity markets, inflation, changes in exchange rates, delays in the development of projects,
conclusions of economic evaluations, political risks arising from operating in Africa, changes in project
parameters as plans continue to be refined, and other risks involved in the mineral exploration and development
industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that
could case actual results to differ materially from expected results. Accordingly, readers should not place
undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof
and the Company assumes no responsibility to update them or to revise them to reflect new events or
circumstances, except as required by law.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

African Copper Plc
Naomi Nemeth
Vice President, Investor Relations
Email:
Info@africancopper.com

smiler o - 03 Jul 2007 18:03 - 18 of 56

African Copper says Dukwe project in Botswana on track, within budget
AFX


LONDON (Thomson Financial) - African Copper PLC said its first copper mine, the Dukwe project, remains on track to start operating in the first quarter of next year.

'It is on time and on budget,' said chief operating officer Christopher Fredericks at a metals and mining conference hosted by Numis Securities.

The AIM-listed company plans to release a new resource estimate by the end of this quarter.



smiler o - 23 Jul 2007 08:25 - 19 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

July 23, 2007

African Copper Plc: Disclosure of Shareholding

LONDON, UNITED KINGDOM--(CCNMatthews - July 23, 2007) - African Copper Plc (TSX:ACU)(AIM:ACU)(BSE:AFRICAN
COPPER) received notification on 19 July 2007 that RAB Special Situations (Master) Fund Ltd has a notifiable
interest in 10,908,810 ordinary shares in the Company. This interest represents 7.82% of both the Company's
current issued share capital and of total voting rights.

-30-

smiler o - 23 Jul 2007 13:44 - 20 of 56

The Sunday Times
July 22, 2007


Merryn on Money: The Citys secret stock tips


Johns (Meyer) first suggestion was African Copper, which is expecting to start production from a mine in Botswana by the first quarter of next year. Its plus points include the fact that Botswana is an oasis of financial calm in Africa, with a better credit rating than either Japan or Australia, and the firm has had good drilling results from a second property. John says its a good stock and Im sure he is right, but given that his target of 117p is a mere 22% away from its current price of 95p, Im not sure it is entirely Wiltons territory.


http://business.timesonline.co.uk/tol/business/money/investment/article2115838.ece

smiler o - 24 Jul 2007 11:25 - 21 of 56

Web site updated, some good pictures etc worth looking !

also from today's press:

"... Citigroup said it has upgraded its earnings estimates for BHP Billiton, Rio Tinto, and Anglo American in the order of 10-15 pct, driven by significant upgrades to copper estimates."

smiler o - 25 Jul 2007 07:58 - 22 of 56



FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

July 25, 2007

African Copper Plc: Independent Resource Estimate for Thakadu Copper-Silver Project Shows Potential for New Development

LONDON, UNITED KINGDOM--(CCNMatthews - July 25, 2007) - African Copper Plc (TSX:ACU)(AIM:ACU)(BSE:AFRICAN COPPER) -

- Final results have been received from RSG Global Consulting ("RSG") for a resource estimate at the Company's 100% owned Thakadu Project in Botswana.

- RSG reports an estimated indicated mineral resource of 4.715 million tonnes grading 1.72% copper and an estimated inferred mineral resource of 0.961 million tonnes at 1.29% copper. In each case, estimated mineral resources represent a mineralized envelope based on a 0.25% copper cut-off utilizing ordinary kriging.

- Contained within this estimate, is an indicated silver resource of 3.558 million tonnes grading 16 g/t silver.

- These mineral Resource Estimates are SAMREC, JORC and NI 43-101 compliant.

- Locked cycle metallurgical results show average abrasion and bond work indices for the style of mineralisation with 92% to 94% recovery producing a concentrate grading between 30% and 32% copper.

- The Company is proceeding with open pit optimisation studies with the objective of early exploitation of this resource.

African Copper Plc ("African Copper" or the "Company") is pleased to announce the results of comprehensive mineral resource estimates for the Company's Thakadu Project in Botswana completed by independent consultants RSG Global Consulting ("RSG"). These estimates include data from 7,700 metres of infill and twin hole drilling in 42 drill holes and incorporate data from 70 historic drill holes (12,200 metres).

"Thakadu has always represented the most advanced exploration property for African Copper after the Dukwe Project. The delivery of mineral resource estimates for Thakadu greatly enhances our ability to complete scoping level studies on these deposits", commented Joseph Hamilton, Chief Executive Officer of African Copper.

"We are excited and encouraged by the results of our latest drilling programme both for the confidence level in our resource estimates and for the increased understanding of the geology of the area. We have prioritized a number of excellent exploration targets along strike from Thakadu and are currently drilling these in a systematic manner."

The Thakadu deposit is a broadly stratabound disseminated copper-silver deposit hosted in a deformed quartzite unit that is immediately adjacent biotite schists. Mineralisation generally occurs as chalcopyrite and bornite which has been oxidized to malachite, azurite and tenorite in the near surface portions (less than 40 metres) of the deposit. Mineralisation boundaries are sharp. Mineralisation is largely contained within the quartzite units but may locally extend into the adjacent biotite schist in areas of intense mineralisation. The quartzite unit ranges in thickness from 2 metres to over 30 metres and strikes west-northwest with a 40 degrees to 70 degrees south-southwest dip. Mineralisation seems to have a moderate plunge to the west-southwest at about 41 degrees.

RSG reports an estimated indicated mineral resource of 4.715 million tonnes grading 1.72% copper (178.7 million pounds of contained copper) and an estimated inferred mineral resource of 0.961 million tonnes grading 1.29% copper (27.37 million pounds of contained copper) (See Table 1). In each case estimated mineral resources represent a mineralized envelope based on a 0.25% copper cut-off utilizing ordinary kriging. The Company believes that the use of a 0.25% cut-off is African Copper Plc Press release 25 July 2007 Page 1 of 1 appropriate given the stratabound nature of the mineralisation and the sharp assay cut-offs that exist.

Historic drilling at Thakadu did not always include silver assays. All recent drilling included assays for silver. As a result outlying areas of the mineralisation could not be included in the volumes utilized for estimating the silver resource. Consequently the tonnage reflected in the estimate for silver resources is a subset of the copper resource estimate. RSG reports an estimated indicated mineral resource of 3.558 million tonnes grading 16 g/t silver (1.88 million ounces of contained silver).

Locked cycle metallurgical tests have been completed on samples of mineralisation from the Thakadu mineralisation. A total of 263.44 kilograms of drill core was collected across the drilled strike length of the Thakadu mineralisation and was submitted for testing. Abrasion and bond work indices show global averages for copper mineralisation. Flotation tests have shown mass pulls between 6% and 9% with 92% to 94.6% recoveries of contained copper resulting in a concentrate with a copper grade between 30% and 32.4%. All metallurgical work was completed at SGS Lakefield Research Africa (Pty) Ltd., an independent and internationally accredited laboratory facility.

African Copper is proceeding with open pit optimisation studies in preparation for exploitation studies of the Thakadu deposit. Following these studies, the Company will review the possibility of integrating Thakadu into the Dukwe mine plan, or examine stand-alone possibilities. A number of high-priority geochemical-geophysical exploration targets are currently under study in the vicinity of Thakadu. Results will be released as they become available.

Table 1: Mineral Resource Estimates for Thakadu Project (prepared by RSG Global Consulting, July 2007)

/T/

------------------------------------------------------------------------ Indicated Mineral Resource ------------------------------------------------------------------------ Copper Resource Silver Resource ------------------------------------------------------------------------ Grade Content Grade Content Tonnage Cu(%) lbs Tonnage Ag (g/t) Troy ozs ------------------------------------------------------------------------ Oxide 1,142,000 2.44 61,461,000 1,141,000 22 825,000 ------------------------------------------------------------------------ Sulphide 3,573,000 1.49 117,264,000 2,417,000 14 1,057,000 ------------------------------------------------------------------------ Total 4,715,000 1.72 178,725,000 3,558,000 16 1,882,000 ------------------------------------------------------------------------ Inferred Mineral Resource ------------------------------------------------------------------------ Sulphide 961,000 1.29 27,374,000 ------------------------------------------------------------------------

/T/

Note: RSG Global Consulting ("RSG") is an independent consulting firm commissioned by African Copper. The above RSG estimates were prepared under the supervision of Ken Lomberg, Pr. Sci. Nat.. who is an employee of RSG and a "Qualified Person" for the purposes of National Instrument 43-101 in Canada. Mr. Lomberg has reviewed and approved the contents of this press release. The estimates have been completed to SAMREC, JORC and National Instrument 43-101 definitions and standards. All sample preparation and analyses were completed at ALS Chemex laboratories in Johannesburg (ISO 17025 accredited and independent of African Copper and RSG). Copper and silver assays are completed using standard preparation of crushing to 70% less than 2 mm followed by splitting and pulverizing to 85% less than 75 micron. Analyses were generally completed utilizing 27 element four-acid ICP-AES in addition to a four-acid ore-grade element digestion followed by ICP-AES. Any over-limit analyses were reanalyzed using an ore-grade four-acid digestion with AA or ICP-AES finish. QA/QC procedures included the submission by RSG of systematic duplicates, blanks and both low-grade and high-grade standard samples within the sample batches submitted to ALS Chemex. Control samples comprise 20% of all samples submitted. Referee analysis for the dataset has been completed. The results of the QA/QC programme for copper analyses have been reviewed by RSG. RSG utilized an ordinary kriging methodology with block size of 10m x 10m x 3m and 1 m composites to complete the estimates. In addition to a number of geological criteria, indicated resources in this model are the sum of those blocks that have a minimum of 3 composite samples and a maximum of 20 composites contained with a maximum of six samples from a single drillholes and that lie within a 135 metre distance of the centre of the block estimated. In addition to a number of geological criteria, inferred resources are the sum of those blocks, not in the indicated category, that have a minimum of 1 composite sample and a maximum of 50 composite samples from a maximum of 6 samples from a single drillholes and that lie within 180 metres of the centre of the block estimated. Omni-directional variograms were utilized and major and semi- major axes of the search ellipse were rotated 45 degrees from vertical and horizontal respectively. Average oxide bulk density was 2.61 grams per cubic centimetre and average sulphide bulk density was 2.75 grams per cubic centimeter.

African Copper Plc Press release 25 July 2007 Page 2 of 2 Additional information with respect to the Thakadu Project is contained in a technical report dated March 30, 2006 and entitled "Technical Report on the Dukwe Copper Project and Matsitama Prospecting Licences, Botswana, Africa", a copy of which can be obtained under the Company's profile on SEDAR at www.sedar.com. A new National Instrument 43-101 technical report describing the property and the above resource estimates will be filed on the SEDAR website shortly.

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development company. The Company is planning to develop its first copper mine at the Dukwe Project in Botswana and commence production in 2008. The Company's other interests are the 2,000 sq km Matsitama exploration concession adjacent to Dukwe, which contains two known copper deposits and numerous base metal exploration targets. African Copper has approximately 139.6 million shares outstanding.

Mr. Joseph Hamilton, P.Geo., and Chief Executive Officer of African Copper, is a "qualified person" as defined in Canada by National Instrument 43-101. Mr. Hamilton has verified the data pertaining to the metallurgical testwork in this press release. This press release has been prepared under Mr. Hamilton's supervision.

This press release contains or refers to forward-looking information, including statements regarding the estimation of mineral resources, exploration results, potential mineralisation, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks arising from operating in Africa, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward- looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.

The mineral resource figures for the Thakadu project disclosed in this press release are estimates and no assurances can be given that the indicated levels of copper and silver will be produced. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. While the Company believes that the resource estimates disclosed in this press release are well established, by their nature resource estimates are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable. If such estimates are inaccurate or are reduced in the future, this could have a material adverse impact on the Company. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that mineral resources can be upgraded to mineral reserves through continued exploration. The Company is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issue that may materially affect these estimates of mineral resources

smiler o - 31 Jul 2007 09:13 - 24 of 56

Interesting Read !

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/27/cnhamb127.xml

smiler o - 11 Aug 2007 18:12 - 25 of 56

Author: Dorothy Kosich
Posted: Monday , 06 Aug 2007

RENO, NV -

The combination of strong global demand and a struggling supply, Citigroup envisions a structural change in copper markets, which convinced London-based analysts to upgrade 2008-2010 copper price forecasts to US$3-3.50/lb.

In their recent report, "Metals and Mining Strategy Copper Look at These Prices," analysts Craig Sainsbury, Heath R. Jansen and Liam Fitzpatrick increased their local-term copper price forecasts from $1.10/lb to $1.45/lb. The 32% increase is driven by the combination of structural costs increases for existing producers, combined with increasing capital and operating cost hurdles.

The analysts also predicted that UK-based copper miners will deliver 1.4mt of new copper production, representing 25% of additional global supply. "Therefore copper bulls, the better leverage will be in growth stocks such as First Quantum, Antofagasta, Vendanta and Xstrata," they asserted.

Meanwhile, Citigroup recommended First Quantum Minerals (FQM) as its preferred pure play copper exposure, "given the longer-term strategic upside (exploration/development potential in Africa) as well as our belief that FQM is a prime potential takeover target."

The analysts asserted that further upside value in equities would need to be driven by exploration success; further copper price upside; cost reduction; improved profile; and M&A activity. Based on these drivers, Sainsbury, Jansen and Fitzpatrick highlighted "Xstrata and First Quantum as the two most likely companies to deliver."

Citing FQM's early-mover advantage in the Zambian/Congolese copper belt, and projects such as Kashimie, the expansion of Guelb Meghrein and Frontier, the analysts noted "there is a potential for FQM to be a 600ktpa-plus producer by 2010.

Meanwhile, the analysts declared that "Xstrata has one of the best stables of copper projects among its global peers. Projects such as the debottlenecking of Collahuasi, Las Bambas, Tampakan and El Pachon have the potential to add 500kt of new production for XTA by 2012/"

Citigroup noted that "cash generation remains a strong theme for all the miners. Between now and 2010, we see the copper-exposed equities generating 70% of their current market value in surplus." The analysts explained that "with the strong commodity prices and limited avenues for capital investment, we see significant build up of cash on the balance sheet."




smiler o - 15 Aug 2007 08:43 - 26 of 56

African Copper Q2 loss narrows; making progress on production for Mowana Mine
AFX


LONDON (Thomson Financial) - African Copper PLC reported a narrower second-quarter loss mainly attributable to increased bank interest receivable, adding 'significant' progress is being made towards production of copper from the Mowana Mine at the end of the first quarter of 2008.

The company posted a net loss of 49,761 stg for the three months to June compared with 254,523 stg in the year-ago period.

Its bank interest receivable came in at 785,736 stg, up from 239,461 stg.

The increased administrative expenditure and share based compensation costs were more than offset by the bank interest receivable for the period, the company said in a statement.




smiler o - 21 Aug 2007 19:47 - 27 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

August 20, 2007

African Copper Plc: Disclosure of Shareholding

LONDON, UNITED KINGDOM--(Marketwire - Aug. 20, 2007) - African Copper Plc (TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN
COPPER) received notification on 20 August 2007 that RAB Special Situations (Master) Fund Ltd has a notifiable
interest in 8,308,810 ordinary shares in the Company. This interest represents 5.95% of both the Company's
current issued share capital and of total voting rights.

-30-

smiler o - 23 Aug 2007 08:58 - 28 of 56

Copper rules the metal markets

Copper, long seen as a proxy for global economic activity, is doing all right, along with copper stocks, as Chinese consumption continues to increase.
Author: Barry Sergeant
Posted: Wednesday , 22 Aug 2007

JOHANNESBURG -

The dollar price of copper - levels of which are used by some investors as a proxy for global economic activity - has outperformed many other metals and commodities during recent bouts of profit taking in equity markets, triggered by uncertainties in credit markets, which stemmed, in turn, from rising failures in the US subprime mortgage bond market.

Measured in dollar terms, copper is about 10% up on the start of the calendar year, but 15% off its May highs. The price has shown a strong correlation with moves in the Standard & Poor's 500, and has supported relatively smaller losses of listed copper stocks, when measured against other groups of mining stocks. The copper grouping has performed almost as well as the major diversifieds grouping, where several individual members rank, as such, as major copper producers.

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=25815&sn=Detail

smiler o - 06 Sep 2007 20:31 - 29 of 56

From today's Minesite:

BASE METALS OFFERING HIGH RETURNS
Copper developers ripe for consolidation

Near-term development projects offer better returns compared to producers, says Raymond James.
Author: Tessa Kruger
Posted: Thursday , 06 Sep 2007

JOHANNESBURG -

Copper companies with advanced development projects could offer investors high returns compared to cash flowing mining companies as consolidation in the copper development sector is pending.

Advanced stage projects in the development sector will become more of a takeover focus in the next few months as the need of mid-cap to large cap metal companies to expand their project pipeline becomes more pressing, said Raymond James analysts Tom Meyer and Miroslav Vukomanovic.

Meyer said in an Equity Research note that the project development group of copper companies now traded at a discount of 30% to the group of copper producers compared to a 20% discount in mid-July.

This comes on the back of the reversal in base metal equity prices from July peaks.

Copper producers trade at a weighted average P/NAV of 0.91 times and copper development companies trade at 0.64 times.

Meyer said deeper discount could be found in development companies with a production time line beyond the liquid end of copper forward curve, which remains in steep backwardation.

Increasing development constraints, such as permitting, political issues or sourcing of equipment or labour, which could expand the typical eight to ten year mine implementation timeline, should boost the valuation of the more advanced of these projects.

The estimated payback on the acquisition of the more attractive development projects ranges from five to nine years, if a flat forward copper price of US$2.50/lb is assumed.

This estimation is based on the cost of acquiring the shares in the market without a premium, cost of developing the project and waiting for production to start.

"Considering that exploration to production typically takes eight to ten years, depending on the size and political jurisdiction of a project, we believe advanced stage projects will become more of a focus in the coming months."

Meyer said a number of companies were possible take-out targets in the pending consolidation in the small and mid-cap copper space.

Inca Pacific (TSX.V:IPR) tops the desirable acquisition list on the basis of valuation, acquisition payback and overall risk profile criteria and is followed by Northern Peru Copper (TSX:NOC) and Chariot Resources (TSX:CHD).

Inca Pacific is an inexpensive development company, with shares trading at a P/NAV of 0.13 times. It has a five year acquisition payback and the prospect of 30% of future revenues derived from molybdenum production.

Northern Peru's Galeno copper project is the second largest copper project not yet owned by a major mining company. It has potential for infrastructure sharing with the neighbouring Michiquillay recently acquired by Anglo American.

Chariot Resources' probability of acquisition increases as the feasibility study on its 70% owned Marcona project is due for release in first quarter of 2008.

Equinox Minerals (TSX:EQN), Northern Dynasty (TSX.V:NDM, AMX:NAK) and African Copper (TSX:ACU, AIM:ACU) are respectively ranked in the fourth, fifth and sixth places of desirable acquisitions.

Equinox is an attractive takeout target on the basis of its current share valuation of P/NAV of 0.56 times, an estimated 6.2 year payback in a takeout scenario and its Lumwana copper project is expected to start production in second quarter 2008.

Northern Dynasty is fully financed from an equity perspective for its 50% share of the world-class Pebble project in Alaska. And African Copper is expected to start production at its wholly owned Dukwe mine in first quarter of next year.

Meyer believes positive cash flow from Dukwe along with the extensive Matsitama exploration land package could be an attractive combination for a small to mid-cap copper producer to consolidate into an existing portfolio of producing mines.

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=26708&sn=Detail

smiler o - 21 Sep 2007 09:09 - 30 of 56

RNS

September 18, 2007

African Copper Receives Licence Renewal for Over 3,500sq km of Matsitama Exploration Property in Botswana

- 88% of original exploration land position retained to June 30, 2009

LONDON, UNITED KINGDOM--(Marketwire - Sept. 18, 2007) - African Copper Plc ("African Copper" or the "Company") (TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN COPPER) is pleased to announce that the exploration licence renewal application submitted by African Copper to the Botswana Geological Survey ("BGS") was accepted for the Matsitama Exploration Licences, adjacent to the Mowana Mine licences.

These four exploration licences (PL14/2004, 15/2004, 16/2004 and 17/2004), totalling 3,528 sq km (see Figure 1) represent approximately 88% of the original licence area granted in 2004 and allow African Copper to continue carrying out its aggressive exploration programs in the prospective Matsitama volcano-sedimentary fold belt.

Including exploration licences surrounding the Mowana Mine, African Copper now maintains a land position of over 3,800 sq km in Botswana.

"We are very enthusiastic about the prospects for this licence area and are pleased that the BGS has allowed us to retain such a large percentage of the original land position," commented Joseph Hamilton, CEO. "This allows the Company to retain the best exploration targets in a contiguous package. Systematic exploration programs continue throughout the belt. We are very encouraged by the results of our exploration and remain confident that our efforts will result in further mineralisation that may support our operations at the Mowana Mine."

African Copper PLC

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development company. The Company is currently developing the Mowana Mine at the Dukwe Project in Botswana, southern Africa, and anticipates copper production in the first half of 2008. The Company's other interests are the 3,500sq km Matsitama exploration concession adjacent to the Mowana Mine property, which contains two known copper deposits and numerous base metal exploration targets. African Copper has approximately 139.6 million shares outstanding.

This press release contains or refers to forward-looking information, including statements relating to exploration results, potential mineralisation, exploration and mine development plans, future production, timing of the commencement of operations and estimates of market conditions, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks arising from operating in Africa, uncertainties relating to the availability and costs of financing needed in the future, the possibility that future exploration results will not be consistent with the Company's expectations, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results.

Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.

Further information about our properties, to download a copy of our Annual Report or any technical report or to access our Press Release Archive please visit www.sedar.com or our website at www.africancopper.com.

FIGURE 1 - Matsitama Exploration Concessions: http://www.ccnmatthews.com/docs/afcomap.pdf

smiler o - 15 Nov 2007 07:38 - 31 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

November 14, 2007

African Copper Releases Third Quarter 2007 Results

LONDON, UNITED KINGDOM--(Marketwire - Nov. 14, 2007) -

PRESS RELEASE
14 November 2007

www.africancopper.com


AIM: ACU
TSX: ACU
Botswana Stock Exchange: African Copper

AFRICAN COPPER Plc

African Copper Releases Third Quarter 2007 Results

Highlights

"We are very pleased with the progress being made on the development of the Mowana Mine. The
processing plant remains on track for completion by the end of 2007" said Joseph Hamilton, CEO. "The
total cost estimate for the flotation concentrator and related facilities is estimated to be ZAR 464.4
million (Pounds Sterling 33.1 million or US$67.4 million). This is an 8.2% increase over the initial
2006 estimate. Optimization studies for the open pit are essentially complete. We are awaiting
delivery of a feasibility study that includes the capital cost for a dense media separation ("DMS")
plant which could increase the efficiency of the concentrate production process. An updated NI 43-101
compliant technical report (the "Technical Report") covering the entire Mowana mine project is
expected to be delivered before the end of November."

Financial Performance

- Q3 net gain of Pounds Sterling 393,693 or 0.28p per share. Year-to-date net gain of Pounds Sterling
264,220 or 0.20p per share. Higher bank interest receivable, foreign exchange gains and lower costs
related to share-based compensation all contributed to the gain.

- Capital expenditures on the development of the Mowana Mine amounted to Pounds Sterling 10.3 million
during the three months ended 30 September 2007 and Pounds Sterling 20.4 million during the nine
months ended 30 September 2007.

- As at 30 September 2007 the Company had assets of approximately Pounds Sterling 79.0 million (2006 -
Pounds Sterling 70.0 million) with gross cash balance totalling Pounds Sterling 34.6 million (2006 -
Pounds Sterling 53.3 million).

Update on the Development of the Mowana Mine

- There are approximately 400 employees and contractors on site.

- Moolman Mining Botswana (Pty) Ltd ("Moolmans") has started mobilization of the mining equipment and
commenced pre-stripping. Drill-blast-load operations commenced in the quarter.

- Company has placed 88 out of a forecasted 108 equipment orders. A further 11 orders have been
initiated and will be placed shortly. Of the remaining 9, only two relate to the start up of the
project.

- The Company has hired all senior supervisors and interviewed all concentrator staff.

- Subsequent to quarter end, the construction of ten out of the fifty staff houses began.

- Operating policies continue to be implemented at the Mowana Mine.

- An amended EIA for a fuel farm was given approval in October 2007.

- Test work on a DMS has been completed. A feasibility study of the DMS plant and the Technical Report
on the Mowana Mine should be available by the end of November.

- Pre-stripping activities have accelerated with the arrival of major mining equipment. About 4.8
million tonnes of material have been moved by the end of October; the current plan estimates that 7.5
million tonnes will be moved by year end.

- Construction activities are expected to be completed by late in the fourth quarter of 2007, cold
commissioning of the processing plant beginning early in the first quarter of 2008 and hot
commissioning beginning in mid to late first quarter resulting in the production of first concentrate
early in the second quarter of 2008.

Update on the Exploration Activities

- Exploration within the Mining Licence has encountered new mineralization about 350 metres south of
the pit boundary, and drilling in the second and third quarters of 2007 concentrated on the
delineation of this new resource that can be incorporated into a mine plan.

- Outside of the Mining Licence, follow-up drilling was completed in the third quarter to examine
targets identified through a geophysical survey. It is the Company's intention to search for open-pit
deposits in these areas. Drill results are being compiled as assays are received.

- Exploration continues in the vicinity of the Thakadu deposits to define further mineralisation that
may enhance the economics around a stand-alone plant at the deposit. Alternatively, the Thakadu
deposit may be scheduled into the Mowana life-of-mine plan, if insufficient material is identified to
support a stand-alone operation at this site.

- Work continues at Nakalakwana Hill where a low-grade copper-gold system has been identified. Results
of a 7-hole Phase 1 drill programme will be released by the end of November 2007. A Phase 2 programme
has commenced with two holes completed to date.

- Surface trenching at Gaokae has been completed and results are being received for a large scale
geochemical survey that has been completed over this area. Gaokae is a nickel target within ultramafic
to mafic intrusions at the basal part of the Matsitama schist belt. When all results have been
received and assessed, a drill programme will be designed and implemented.

- Under Botswana legislation, the Company was required to drop 50% of the surface area covered by the
Matsitama exploration licenses at the end of the first quarter of 2007. The Company applied to the
Geological Survey of Botswana to keep approximately 80% of the surface area of the licenses. Early in
the third quarter, the Geological Survey approved the application to retain 88% of the ground.

A full Management's Discussion and Analysis of results for the quarter and nine months ended 30
September 2007 and Financial Statements for the Company for the quarter and nine months ended 30
September 2007 are available on SEDAR at

smiler o - 26 Nov 2007 08:46 - 32 of 56

LONDON (Thomson Financial) - African Copper PLC said pre-strip mining and construction at its Mowana mine in Botswana are on track for concentrate production early in the second quarter of 2008.

The company's strategy is to commence mining at Mowana by extracting the open-pit reserve to provide initial production and cash flow. Ore is now exposed on a number of faces within the open-pit.

However, African Copper said it has also commissioned a pre-feasibility study to investigate the viability of the larger underground reserves at Mowana. 'The results of this study should be available by the end of 2007, and if viable, would extend the life of Mowana well beyond 2014,' it said.

The company also said it is finalizing an off-take agreement with a metal broker and expects to have a deal in place by the end of 2007.

TFN.newsdesk@thomson.com

ran/ra


smiler o - 12 Dec 2007 11:33 - 34 of 56

Of Interest: 11/12/2007

RENO, NV -

UBS Lead Analyst Joachim Klement recently stated that he felt the base metals price outlook for next year was weaker as the slowdown in the U.S. economy is expected to result in a drag in demand although he expects "copper and aluminum to buck the trend and outperform the complex."

However, he warned, "a crucial factor in the near future could be measures taken by governments aimed at environmental protection by curbing energy intensive industries," noting that China and Indonesia are already "initiating steps in this direction."

In a recently published analysis, Klement suggested the slowdown in the U.S. economy will lead to a fall in commodities demand, "especially crude oil and copper as the U.S. is amongst the largest consumers globally. Historically, the performance of industrial metals mirrors U.S. industrial production. Slowing industrial production could severely dent the demand for commodities."

Klement noted that warehouse stocks of industrial metals are still at low levels with copper and zinc stocks at 2.6 and 2.5 weeks consumption respectively, while nickel is at four weeks.

"We feel the imposition of export taxes by China, one of the largest producers and consumers of base metals, to restrain the increasing prices and cool its rapidly expanding economy, could be the pivotal drivers of prices in 2008," according to Klement. "This development may be particularly favorable for aluminum and copper."

UBS asserted that copper prices could outperform in 2008 due the surge of imports of refined copper, and a 23% increase in Chinese copper usage this year, which is anticipated to rise an additional 6% in 2008. UBS also anticipates that the present tightness in the concentrate markets may continue as low treatment and refining charges may result in reduced smelter output next year.

"Another crucial factor which is likely to come into the picture on further dips in prices is buying interest from the Chinese State Reserve Bureau as it seeks to replenish inventories," Klement stated, adding that copper continue to be vulnerable to production outages.

UBS asserted that aluminum could be the strongest performer among base metals. Among the factors cited by Klement is the possibility that the world's largest producer and consumer of aluminum, China, could turn into a net importer due to export taxes.

Meanwhile, UBS expressed skepticism that lead could continue its price surge. "The scenario next year could be different, slowing demand and increased supplies would cause prices to weaken over the next year. Main factors which could generate this scenario include the possible resumption of exports from Ivernia's Magellan mine, which generates 3.5% of global lead output. Independent analysts estimate Chinese exports could increase 24% next year to 351,000 metric tons. Klement noted that lead inventories in LME warehouses have increased 89% since October 1. "We think rising inventories and the possible onset of a decline in demand may continue to weigh on prices," he said.

While tight global supplies caused zinc to rally this year, UBS forecast that "strong growth in mine production and the addition of new smelters in China during the second half of 2008 is likely to keep the market well supplied, hence weakness could be seen in zinc."

Finally, UBS noted that nickel prices have fallen "due to weak demand from stainless steel producers," who account for about 70% of nickel demand. "In our view, the weakness in stainless steel market is likely to persist in 2008," Klement predicted.

smiler o - 25 Jan 2008 07:58 - 35 of 56

LONDON (Thomson Financial) - Toronto-listed African Copper PLC said it has finalised a five-year off-take agreement covering 100 pct of the production from its Mowana mine in Botswana with Swiss firm MRI Trading AG.

The agreement includes a 5.1 mln stg private placement at a subscription price of 70 pence per share, under which MRI will receive about 7.28 mln African Copper shares. The placement is expected to close by Feb 4.

Chief executive Joseph Hamilton said the deal 'with a strong partner sets the foundation for the Mowana mine revenue stream over the next five years.'




smiler o - 05 Feb 2008 09:48 - 36 of 56

AIM
05 February 2008



NOTICE

(66)

05/02/2008 7:00am


RESTORATION OF TRADING ON AIM

AFRICAN COPPER PLC



The trading on AIM for the under-mentioned securities was temporarily suspended.
The suspension is lifted from 05/02/2008 7:00am.


hlyeo98 - 05 Feb 2008 10:53 - 37 of 56

This copper share is not doing well at all...unlike others

smiler o - 05 Feb 2008 11:03 - 38 of 56

Very True.. but could be a good time to get in ??? :)

Fred1new - 05 Feb 2008 11:09 - 39 of 56

Or stay on the side lines!

smiler o - 05 Feb 2008 11:31 - 40 of 56

In this market a safe bet !!

Chart.aspx?Provider=EODIntra&Code=ACU&Si

But if they stage a recovery at this level ! we will see ?

smiler o - 25 Feb 2008 09:42 - 41 of 56

African Copper sees Mowana production of 29,000 tonnes in 2012 vs 5,500 in 2008
AFX


LONDON (Thomson Financial) - African Copper PLC said it expects production at its Mowana mine in Botswana to grow to 29,000 tonnes of copper in 2012 from 5,500 tonnes in 2008 after reviewing the operating parameters.

The company said the new production schedule has the potential to generate higher production, lower costs and defer additional capital requirements for two years, adding it expects the cash costs of production to drop to 1.49 usd/lb from 2.48 usd/lb in the period to 2012.

African Copper said it expects the first concentrate in the second quarter, with the first shipment in June.

In a statement, the AIM-listed miner also added recent exploration has increased the strike extent of the known mineralization at Mowana by up to 40 pct, or 800 metres south of the open pit.

'We anticipate being able to maintain production above 30,000 tonnes of copper per year beyond 2012 by integrating an underground mine into Mowana,' chief executive Joe Hamilton said.





smiler o - 26 Feb 2008 15:49 - 42 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

February 26, 2008

African Copper PLC: Total Voting Rights

LONDON, UNITED KINGDOM--(Marketwire - Feb. 26, 2008) - In accordance with the FSA's Disclosure and Transparency
Rules, African Copper PLC (TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN COPPER) advises that as at 26 February 2008 its
issued share capital comprised 146,858,957 ordinary shares of 1p each. The voting rights of all of these shares
are identical, with each share carrying the right to one vote. The Company holds no ordinary shares in
treasury.

The above figures may be used by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their interest in, the Company under
the Disclosure and Transparency Rules.

smiler o - 01 Apr 2008 19:52 - 43 of 56

FOR: AFRICAN COPPER PLC

AIM, TSX SYMBOL: ACU

March 31, 2008

African Copper Plc: Preliminary Results for the Year Ended 31 December 2007

LONDON, UNITED KINGDOM--(Marketwire - March 31, 2008) - AFRICAN COPPER PLC ("African Copper" or the "Company")
(TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN COPPER) announces its preliminary results for the year ended 31 December
2007 and its Pula 150 million (Pounds Sterling 11.4 million) unsecured debt financing.

Highlights

Corporate

- The Company recorded a net gain for fiscal 2007 of Pounds Sterling 117,409 (0.09p), compared with a net loss
of Pounds Sterling 2,100,884 (2.20p) in fiscal 2006. Higher bank interest receivable and foreign exchange gains
more than offset higher corporate costs and Botswana administration costs contributing to the net gain in
fiscal 2007.

- Raised Pula 150 million (Pounds Sterling 11.4 million) - On 28 March 2008, Messina Copper (Botswana) (Pty)
Ltd ("Messina"), African Copper's 100% owned subsidiary, received binding subscription agreements as part of a
Pula 200 million Botswana Note Programme for Pula 150 million (Pounds Sterling 11.4 million) notes from local
Botswana institutions (the "Botswana Bond"). The Botswana Bond is denominated in Pula and is an unsecured fixed
rate note that bears interest at 14.0% per annum and has a bullet maturity in 7 years.

- Signed a concentrate sale and purchase agreement (the "Off-take Agreement") with MRI Trading AG ("MRI") for
100% of all copper products shipped from the Mowana Mine. The Off-take Agreement has a duration of 5 years and
is renewable. In conjunction with the Off-take Agreement, MRI subscribed for 7,284,000 ordinary shares of the
Company for net proceeds of Pounds Sterling 5 million.

Mowana Project Development

- Signed a five-year contract with Moolman Mining Botswana (Pty) Ltd.

- Mining Activities - Mining commenced in July 2007 with the removal of free-digging loose material from the
open-pit area. By the end of 2007, the full fleet of face-loading shovels had arrived on-site and these were
commissioned in January 2008. Even with the heavy rains experienced in January 2008 pre-stripping was
maintained close to schedule and blasting in the pit and stockpiling of ore had commenced by the end of January
2008. At the end of March 2008, the stockpiles at Mowana consisted of about 200,000 tonnes of material at 0.9%
copper, including about 33,000 tonnes grading 1.8% copper on the high grade stockpile.

- Strengthened the management and operating team - by the end of 2007, all senior positions had been filled.
The technical and operational team in Botswana has grown from 22 as at the end of 2006 to over 50 at the end of
2007 and currently numbers 77. Recruitment of junior level staff is on-going. The Company expects to have
approximately 175 employees when the Mowana Mine goes into production in the second quarter of 2008.

- Capital Costs - have been kept within the revised budgets presented in November 2007. The estimated 8%
increase in capital over the 2006 budget estimate was composed of intentional design changes to the crushing
circuit (4.5%) and to cost escalation that is being experienced throughout the industry.

- Construction Activities - As of the end of February 2008, construction of surface facilities was about 90%
complete.

- Start-up - Commissioning of the mechanical portions of the plant commenced in late March 2008 and should
culminate in the hot commissioning of the primary crusher in May 2008. The Company expects to be shipping
concentrate in June or July of this year. Completion of construction activities on site is expected in July
2008 with a hand-over from EPCM teams to operational teams. Commercial production should be declared in the
third quarter of 2008.

- Growing Production at Mowana - Metallurgical studies were also conducted to optimise process design and
recoveries, and explore the benefits of a Dense Media Separation plant. At the conclusion of these studies, the
Company released its open-pit production profile in February 2008 (see press release 25 February 2008) for the
first five years of mining at the Mowana mine. The resultant production estimates show a five-fold increase in
annual copper production from 5,500 tonnes in 2008 to 29,000 tonnes in 2012. Once the operation is treating
predominately sulphide ores cash costs are expected to be around US$1.49 per pound.

- Expanded Reserves and Resource - the RSV Technical Report issued in November 2007 confirmed about 87.7
million tonnes of measured and indicated resources at 0.71% copper of which approximately 14.8 million tonnes
had been converted into proven and probable reserves at 1.1% copper.

- Underground Development - In 2007 a pre-feasibility study was commissioned to investigate the viability of an
underground mine. DMS studies completed during 2007 showed that it would be possible to use bulk mining methods
underground to extract mineralization and that this material could be upgraded prior to the introduction into
the ball mill and flotation circuits. A complete mine layout was developed in late 2007 which encompassed multi-
level development over the entire 2 kilometre strike extent of the known mineralization at Mowana to a depth of
850 metres.

- Exploration at Matsitama Belt - the Company published a resource estimate for the Thakadu mineralization of
4.7 million tonnes of 1.72% copper and 3,558 tonnes of silver grading 16 grams/tonne. In addition, African
Copper has identified four high priority areas for further exploration in 2008 - The Gaokae nickel-PGM anomaly,
Nakalakwana Hill copper-gold targets, Phute copper anomaly and the 75-kilometre Lepashe Snake copper anomaly.
Results in 2007 were hindered by excessively long turnaround times for sample analysis.

The Chairman of African Copper, Roy Corrans said, "The Board is delighted with the support that we have
received from Botswana based shareholders and investors throughout 2007 and into early 2008. The response and
the financial support shown by Botswana institutions and the Botswana Stock Exchange have been unequalled. The
Board remains confident that the Company development objectives are achievable in 2008 and believes that the
share price will respond positively as we meet our corporate goals throughout the balance of 2008."

Full details of the foregoing are contained in the Company's Management's Discussion and Analysis ("MD&A") for
the year ended 31 December 2007 attached hereto. The Audited Financial Statements for the year ended 31
December 2007 and the Company's Annual Information Form is available at
www.africancopper.com

hlyeo98 - 15 Aug 2008 16:17 - 44 of 56

Chart.aspx?Provider=EODIntra&Code=ACU&Si

smiler o - 18 Aug 2008 20:27 - 45 of 56

FOR: AFRICAN COPPER PLC

AIM, TSX SYMBOL: ACU

August 15, 2008

African Copper Plc: Half Yearly Report

LONDON, UNITED KINGDOM--(Marketwire - Aug. 15, 2008) - African Copper Plc
(AIM:ACU)(TSX:ACU)(BOTSWANA:AFRICAN COPPER) -

MANAGEMENT'S DISCUSSION AND ANALYSIS

For the Period Ended 30 June 2008

The following management discussion and analysis ("MD&A") of the operating results and financial
condition of African Copper Plc ("African Copper" or the "Company") and its subsidiaries is for the
three and six months ended 30 June 2008 compared with 30 June 2007. The MD&A should be read in
conjunction with the 31 December 2007 audited consolidated financial statements of the Company (the
"Financial Statements") and the related notes thereto (the "Notes"). The Financial Statements have
been prepared under the historical cost convention and in accordance with International Financial
Reporting Standards ("IFRS") (see Note 2: Principal Accounting Policies). All amounts herein are
expressed in British Pounds Sterling unless otherwise indicated and the information is current to 14
August 2008.

The scientific and technical information in this MD&A has been prepared under the supervision of Mr.
James Arthur, FSAIMM, the General Manager of the Mowana Mine and a "qualified person" as defined by
Canadian National Instrument 43-101.

Additional information relating to the Company, including the Company's Annual Information Form, is
available at
www.africancopper.com

smiler o - 17 Sep 2008 08:46 - 46 of 56

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

September 17, 2008

African Copper Mowana Mine Update

- Concentrate currently being stockpiled for commencement of first shipment during September

- Mining to date shows higher mixed ore at better grades than previously modelled

- Increased presence of supergene mineralisation should provide overall improved recoveries

- Further optimisation of mining plans and ore reserves ongoing

LONDON, UNITED KINGDOM--(Marketwire - Sept. 17, 2008) - African Copper Plc ("African Copper" or "the
Company")(TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN COPPER) is pleased to provide shareholders with an update
on the progress at the Mowana open pit mine in Botswana.

The commissioning of the mill is in its final stage following the successful resolution of some issues
with the mill's bearings and lubrication system during the commissioning process. Concentrate is
currently being stockpiled for commencement of first shipment during September. High grade ore is now
being put through the mill and the engineering, procurement, construction and management contractor is
currently undertaking the completion guarantees and will hand over the mill to African Copper during
September 2008. The period from the start of construction to final commissioning has been less than 24
months.

The mining operations, which commenced in January 2008, continue to perform well with over 850,000
tonnes of ore stockpiled, including 300,000 tonnes at 1.74% copper as at 8th September 2008. This
represents approximately 9 months of production, based on the mill capacity of 1 million tonnes per
annum.

The mining operations have now exposed ore along a 1.5 kilometre strike within the pit and have shown
an increased presence of supergene (high grade Chalcocite) mineralisation at shallow depths, compared
with the geological resource model which had anticipated primarily oxide mineralisation at these
elevations. For information on the geological resource model see Mineral Resource and Mineral Reserve
Estimates included in the report entitled "National Instrument 43-101 Technical Report On The Mowana
Mine, Botswana" dated 26 November 2007 by Read, Swatman & Voigt (Pty) Ltd. (the "Technical Report"),
which is available on
www.sedar.com
or on the Company's website.

As a result of the increased presence of supergene mineralisation, the mixed ore grades encountered
are higher than the oxide mineralisation grade predicted in the geological resource model. The current
operational strategy allows the segregation of stockpile ore into a high grade direct mill feed
stockpile and a Dense Medium Separation ("DMS") plant feed stockpile.

African Copper has also recently undertaken a reconciliation exercise between the geological resource
model and all the blocks mined to the end of July 2008. This indicates that higher ore grades are
being mined, primarily due to presence of mixed ore and operational grade control measures.


Modelled Mined
--------------------------------------------------------------------------
Tonnes Grade Copper Tonnes Grades Copper
Units Units
--------------------------------------------------------------------------
Direct Feed 439,455 1.16% 5,084 224,031 1.78% 3,892
--------------------------------------------------------------------------
DMS 418,089 0.22% 903 487,660 0.62% 3,020
--------------------------------------------------------------------------
Total Ore 857,544 0.70% 5,987 711,691 0.97% 6,912
--------------------------------------------------------------------------
Total Net
Gain (Loss) -17.0% 39.1% 15.5%
--------------------------------------------------------------------------

/T/

A further in-pit reconciliation of the 980mL bench in the south of the pit confirms the above trend
and has indicated lower ore tonnages (27% decrease) but a significant increase (57%) in contained
copper as a result of higher grades.

The impact on the operation of a higher amount of mixed ore at better grades than previously modelled
is threefold. Firstly, due to the higher grades in the DMS stockpile material, the Company is
considering bringing forward the introduction of a DMS plant from 2010 to the third quarter 2009,
which is part of the detailed mine review underway and, if proceeded with, will require additional
financing. Secondly, higher input grades to the DMS will result in improved mill feed grade from the
DMS. Thirdly, the increased presence of supergene material will result in the direct mill feed having
approximately 25% higher overall recoveries than the oxide recoveries previously modelled.

African Copper will carry out a full mass balance reconciliation as mined material is processed
through the plant which is expected to lead to a re-assessment of Mowana's mineral reserves and
resources. This will be integrated into the mine plan that is currently under review.

This press release has been prepared under the supervision of James Arthur, FSAIMM, the General
Manager of the Mowana Mine and a "qualified person" within the meaning of Canadian National Instrument
43-101 - Standards of Disclosure for Mineral Projects. Mr. Arthur has verified the data disclosed in
this press release.

This press release contains or refers to forward-looking information, including statements regarding
estimates and/or assumptions about the first shipment of concentrate, the Company's plan and
expectations with respect to bringing forward the introduction of the DMS plant to the third quarter
of 2009, the Company's beliefs and expectations with respect to obtaining improved mill feed grade
from the DMS plant, the Company's expectations with respect to realizing improved recoveries, the
Company's expectations of completing a full mass balance reconciliation and reassessment of the Mowana
Mine's mineral resources and reserves, potential mineralization, potential mineral resources and
reserves, mine development plans, recoveries and timing of the commencement of operations, and is
based on current expectations that involve a number of business risks and uncertainties. Actual
results may vary from the forward-looking information contained herein. Factors that could cause
actual results to differ materially from any forward-looking information include, but are not limited
to, uncertainty regarding failure to convert estimated mineral resources to reserves, the possibility
that actual circumstances will differ from the estimates and assumptions used in the mining plan for
Mowana Mine (there is no certainty that the production schedule, recoveries and/or operating costs
proposed will be achieved), the grade and recovery of ore which is mined varying from estimates
(including, in particular the inferred mineral resources included in the mine plan not being
recoverable at the grade and/or volume used in the calculation of estimated operating costs), the
capital and operating costs varying significantly from estimates, political risks arising from
operating in Africa, uncertainties relating to the availability and costs of financing needed in the
future (including to build the DMS plant and complete the development of the Mowana Mine), changes in
equity and/or debt markets, inflation, changes in exchange rates, fluctuations in commodity prices,
delays in the development of projects and the other risks involved in the mineral exploration and
development industry. When used in this press release, words such as "schedule", "could", "plan",
"anticipate", "estimate", "expect", "believe", "intend", "will", "may" and similar expressions are
forward-looking statements.

Although the Company believes that its expectations reflected in this forward-looking information are
reasonable, such information involves risks and uncertainties and no assurance can be given that
actual results will be consistent with this forward-looking information. Forward-looking information
is subject to significant risks and uncertainties, and other factors that could cause actual results
to differ materially from expected results. Accordingly, readers should not place undue reliance on
forward-looking information. This forward-looking information is made as of the date hereof and the
Company assumes no responsibility to update it or to revise it to reflect new events or circumstances,
except as required by law.

justyi - 05 Dec 2008 10:47 - 47 of 56

Another one which was over-valued...


AIM-listed African Copper plummets 18 percent after Numis Securities downgrades to 'sell', saying it will need $15 million in interim financing by mid-January.

'Considering the company's current market cap we remain sceptical of the company's ability to raise such finance in the current climate,' Numis says in a note. 'Currently we see little improvement in market conditions for at least all of 2009.'


smiler o - 21 Jan 2009 11:07 - 48 of 56

FOR: AFRICAN COPPER PLC

AIM, TSX SYMBOL: ACU

January 21, 2009

African Copper Plc: Mowana Mine Update

LONDON, UNITED KINGDOM--(Marketwire - Jan. 21, 2009) - African Copper plc ("African Copper" or "The
Company") (AIM:ACU)(TSX:ACU)(BOTSWANA:AFRICAN COPPER) announces that in response to the Company's
current working capital deficit and immediate need to raise up to $US15 million for its working
capital needs (the "Required Financing") and the sharp reduction in the demand and price for copper
worldwide, the Company's Mowana mine in Botswana has been placed on care and maintenance pending the
finalisation of negotiations to obtain the Required Financing. For at least the next three weeks all
employees, except essential service workers, will take accrued paid leave.

Management is in discussion with a number of finance providers with a view to providing the Required
Financing but there is no certainty that any of these discussions will result in the Company being
able to raise the required additional funds. The Company's ability to continue to operate with its
current working capital deficit and ultimately meet its obligations and continue as a going concern is
dependent on the Company's ability to manage its relationships with existing creditors, re-negotiate
the amount and timing of certain of its existing obligations which are due and to obtain the Required
Financing. If the Company is unable to obtain the Required Financing, the Company will be unable (in
the absence of alternate funding) to meet its obligations and continue as a going concern.

The ramp up to commercial production continued during the fourth quarter of 2008. However, following
the first shipment of copper concentrate that was dispatched at the end of October, further production
delays were experienced during the fourth quarter as a result of, among other things, lack of spare
parts due to the Company's working capital deficit and unexpected equipment failures. These delays
have resulted in production shortfalls during the quarter from the copper in concentrate production
forecast of approximately 1,500 tonnes to 270 tonnes.

Forward-Looking Information

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
duration of the period of time during which the Company's employees will be stood down, the Company's
expectations regarding when the Mowana mine will resume operation and the Company's expectations
regarding its ability to continue to operate in the short term pending negotiations of the Required
Financing) 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, changes in commodity prices and world copper markets and equity and/or debt markets,
political developments and risks in Botswana, fluctuations in currency exchange rates, inflation,
changes to regulations affecting the Company's activities, uncertainties relating to the availability
and costs of financing needed in the future, the uncertainties involved in interpreting drilling
results and other geological data, uncertainty regarding failure to convert estimated mineral
resources to reserves, the possibility that actual circumstances will differ from the estimates and
assumptions used in the mining plan for the Mowana Mine (there is no certainty that the production
schedule, recoveries and/or operating costs proposed will be achieved), the grade and recovery of ore
which is mined varying from estimates, the capital and operating costs varying significantly from
estimates, delays in the development of projects and the other risks involved in the mineral
exploration and development industry disclosed in the Company's most recent annual information form
filed on SEDAR at
www.sedar.com

smiler o - 16 Mar 2009 08:54 - 49 of 56

PRESS RELEASE

16 March 2009




www.africancopper.com




AIM: ACU

BSE: African Copper

TSX: ACU




London, United Kingdom: African Copper plc ('African Copper' or 'the Company') (AIM/TSX: ACU, BSE: African Copper) announces that it has signed an agreement with Natasa Mining Ltd. ('Natasa'), an investment company in the mining finance industry which is listed on the Australian Securities Exchange and on AIM, to assist the Company and its subsidiaries (the 'Group') to meet its immediate and critical working capital requirements. Under the terms of the agreement, Natasa has agreed to make available a short-term, interest-free, secured loan facility of US$1.5 million (the 'Bridge Loan'), to be repaid out of a proposed US$6.5 million private placement of ordinary shares (the 'Equity Placement') and funds advanced to the Company pursuant to a proposed US$8.5 million debt facility (the 'Debt Facility'). The Equity Placement and Debt Facility are also proposed to be provided by Natasa. The Bridge Loan is conditional upon the execution of security documentation over the Group's principal assets, and will be repayable no later than 15 May 2009 (the 'Repayment Date'). It is a further condition of the Bridge Loan that Natasa appoints two Senior Managers to Messina Copper (Botswana) (Proprietary) Limited ('Messina'), the Company's wholly owned principal operating subsidiary to oversee the application of the proceeds of the Bridge Loan. If the Bridge Loan is not repaid on the Repayment Date, it will begin to accrue interest at LIBOR plus 10 per cent. Under the terms of the Bridge Loan, the Company has provided Natasa with a right of exclusivity, which, save in certain limited circumstances, prevents the Company, from, inter alia, entering into discussions with any other party in relation to any corporate transaction until 15 May 2009.

Under the terms of the proposed Equity Placement, Natasa has agreed in principle, subject to the agreement of formal legal documentation, to subscribe for 1,581,557,998 ordinary shares at 0.30 pence per share in African Copper to provide aggregate gross proceeds of 4.7 million (US$6.5 million) to the Company. Following the issue of new ordinary shares to Creditors described below, the Equity Placement will result in Natasa holding 70% of the enlarged ordinary share capital of the Company. The Equity Placement will be subject to certain conditions precedent including: African Copper shareholder approval; agreement of legal documentation in relation to the Debt Facility; the delisting of African Copper from the Toronto Stock Exchange; and African Copper and the Company's subsidiaries arranging with its bondholders and certain large creditors, namely the Company's mining and EPCM contractor (together 'Creditors'), a compromise of debts (the 'Debt for Equity Agreement') such that the Group's liabilities will be extinguished in full leaving a cash balance of at least $US3.0 million for working capital purposes. It will also be a condition of the Equity Placement and the Debt Facility that all the Directors and officers of the Company resign and be replaced with nominees of Natasa. These nominees will be identified in the Company's information circular to be sent to the Company's shareholders to convene the extraordinary general Meeting of African Copper in connection with the proposed Equity Placement, Debt for Equity Agreement and other matters.

Under the terms of the proposed Debt Facility, Natasa has agreed in principle, subject to the agreement of formal legal documentation, to make available a 6.2 million (US$8.5 million) loan facility to Messina that will be secured on the Company's principal assets. The Debt Facility will bear interest at 12% per annum on funds drawn, and provides capital and interest repayment from cash generated by the Mowana mine. The Debt Facility will be conditional on the completion of the Equity Placement.

As part of the Debt for Equity Agreement, it is proposed that African Copper will pay to the Creditors the sum of 4.3 million (US$5.9 million) representing approximately 20 per cent of the amount owed to them. This payment will be funded from the proceeds of the Debt Facility and the Equity Placement. In addition, it is proposed that the Company will issue to the Creditors 530,951,614 new ordinary shares at a deemed price of 3.2 pence per ordinary share pursuant to the Debt for Equity Agreement in satisfaction of the balance of the 17.1 million (US$23.7 million) owed to them. Such payment and issue of shares will be in full and final settlement of all sums owed to the Creditors and will give to the Creditors an interest of 23.5 per cent of the enlarged ordinary share capital of the Company following the issue of shares pursuant to the Equity Placement.

Following completion of the Equity Placement and the Debt for Equity Agreement, the Company's enlarged issued share capital is expected to comprise 2,259,368,569 ordinary shares to be held as set out below:

Description
Ordinary shares*
% of total following Equity Placement

Existing shares in issue
146,858,957
6.5%

Shares to be issued to Creditors
530,951,614
23.5%

Shares to be issued to Natasa
1,581,557,998
70.0%

Total following Equity Placement and Debt for Equity Agreement
2,259,368,569
100.00%


Note: *The Equity Placement and Debt for Equity Agreement are subject to agreement of legal documentation and therefore the number of shares and the price at which they may be issued is subject to change

The Company's current broker and nominated adviser, Numis Securities Limited ('Numis'), has expressed its intention to resign at the same time as the Company's existing Directors. Should the Company be unable to appoint a new nominated adviser to replace Numis the Company will be suspended from trading on AIM until such appointment occurs. If no such appointment is made within six months the Company's AIM quotation will be cancelled.

In view of the fact that the Debt Facility and the Equity Placement are subject to the agreement of formal legal documentation, and the fact that the availability of the funds pursuant to the Debt Facility and Equity Placement are subject to a number of conditions precedent, including execution of the Debt for Equity Agreement, no assurance can be given that any funds will be advanced to and/or raised by the Company pursuant to the Debt Facility and/or the Equity Placement.

Due to the severe reduction in the demand and price for copper worldwide over the last six months, delays in shipping first concentrate resulting from the delays in commissioning of the Mowana Mine, and current market volatility and uncertainty, African Copper has been unable to achieve and/or obtain the anticipated cashflow required to finance its working capital requirements for continued operations. This situation, coupled with the unfolding global financial crisis, has resulted in extreme difficulties regarding the availability and terms of possible financing proposals. The Directors have aggressively pursued financing alternatives for the Company over the past 7 months and have held advanced discussions with a number of finance providers. Having regard to the requirements of the creditors, the Directors have determined that the proposed terms of investment by Natasa are the best terms available to the Company. In deciding to enter into the Bridge Loan and the proposed arrangements with Natasa in preference to other possible options available, the Board has, in view of the Company's financial position, been advised that it must primarily have regard to the interests of the Group's creditors rather than the interests of the Company's shareholders. The Creditors indicated that the proposed transaction with Natasa was preferred by them above other possible options. If the Company is unable to complete the proposed transactions with Natasa, the Directors believe that the Company will be unable (in the absence of immediate alternative funding) to avoid formal insolvency proceedings.

Both the Directors of African Copper and the Directors of Natasa believe that the Group's assets have significant potential. Following completion of the transaction, Natasa will deploy its experienced team of senior mining professionals to optimise financial performance from the African Copper assets. As well as identifying the best mining methods and processing parameters to maximise the short and longer term potential of the Mowana mine, the team will be tasked to evaluate cost-effective expansion of plant throughput capabilities beyond the 25,000 tonnes per annum copper output currently envisaged in the African Copper five year plan.

A further announcement will be made in due course in relation to the Equity Placement, the Debt Facility and the Debt for Equity Agreement.

Forward-Looking Information

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, the anticipated terms of the Equity Placement, the Debt Facility and the Debt for Equity Agreement and the expected results of completing each such transaction, including the amount of the cash balance anticipated to be retained by the Company for working capital purposes following the completion of the transactions and the Company's expectation that such amount will be sufficient to meet the Company's working capital requirements, the anticipated dilutive effect of the Equity Placement and the Debt for Equity Agreement on the holders of ordinary shares, the Company's intention to delist the ordinary shares from the Toronto Stock Exchange, the Company's expectation that Natasa will continue to develop the Mowana mine towards commercial production following the completion of the proposed transactions, the anticipated shareholder value that may result from the proposed transactions, and other statements which are not historical facts) 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, the Company failing to complete the Equity Placement and Debt Facility and failing to enter into the Debt for Equity Agreement prior to the Repayment Date, the amount of the cash balance anticipated to be retained by the Company for working capital purposes following the completion of the transactions being insufficient for the Company's working capital requirements, the Company not being able to pay any interest owing under the Bridge Loan, as well as to repay the principal amount of the Bridge Loan, in the event it fails to complete the Equity Placement, Debt Facility and Debt for Equity Agreement prior to the Repayment Date, the Company's failure to obtain shareholder approval and any other regulatory approval and/or consent which may be required in order to complete the proposed transactions,

changes in commodity prices and world copper markets and equity and/or debt markets, political developments and risks in Botswana, fluctuations in currency exchange rates, inflation, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting drilling results and other geological data, uncertainty regarding failure to convert estimated mineral resources to reserves, the possibility that actual circumstances will differ from the estimates and assumptions used in the mining plan for the Mowana Mine (there is no certainty that the production schedule, recoveries and/or operating costs proposed will be achieved), the grade and recovery of ore which is mined varying from estimates, the capital and operating costs varying significantly from estimates, delays in the development of projects and the other risks involved in the mineral exploration and development industry 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.

Balerboy - 29 Apr 2009 08:37 - 50 of 56

Anybody watching this one, looks like it likes the latest rns and a bit of profit to be made.

Latest news

Balerboy - 12 May 2009 08:08 - 51 of 56

Look at this one go, nice little earner..:)))

ThenewTradesman - 09 Sep 2009 08:18 - 52 of 56

up on news of re-opening of plant

31% at open

smiler o - 18 Jan 2010 13:44 - 53 of 56

AIM SYMBOL: ACU

January 18, 2010

African Copper Plc Press Release Dated 18 January 2010

LONDON, UNITED KINGDOM--(Marketwire - Jan. 18, 2010) - African Copper Plc ("ACU" or the "Company")
(AIM:ACU)(BOTSWANA:AFRICAN COPPER) announced that Zambia Copper Investments ("ZCI") has received
shareholder approval to replace the US$7 million bridge loan facility and the US$25.4 million bridge
loan facility that ZCI provided to the Company in May 2009 with a four year secured credit facility
(the "Facility") of US$31,129,100. This Facility will place ACU's borrowings from ZCI on a more
permanent footing.

smiler o - 02 Feb 2010 10:00 - 54 of 56

FOR: AFRICAN COPPER PLC

AIM SYMBOL: ACU

February 1, 2010

African Copper Press Release 1 February 2010

LONDON, UNITED KINGDOM--(Marketwire - Feb. 1, 2010) - African Copper Plc ("ACU" or the "Company")
(AIM:ACU)(BOTSWANA:AFRICAN COPPER) announces that the Company and Zambia Copper Investments ("ZCI")
have now completed the refinancing of the bridge loan facilities that ZCI provided to the Company in
May 2009 with a four year secured credit facility (the "Facility"). The Facility places ACU's
borrowings from ZCI on a more permanent footing.

smiler o - 26 Jan 2012 10:04 - 55 of 56

African Copper Plc: Appointment of Non-Executiv...
PIM
FOR: AFRICAN COPPER PLC AIM SYMBOL: ACU January 26, 2012 African Copper Plc: Appointment of Non-Executive Director LONDON, UNITED KINGDOM--(Marketwire - Jan. 26, 2012) - African Copper Plc (AIM:ACU)(BOTSWANA:AFRICAN COPPER)("African Copper" or "the Company"), the copper producer and exploration company, focused on Botswana, announces the appointment of Steven Georgala as a Non-executive Director with immediate effect. Steve Georgala is CEO of Maitland, an international provider of administration and wealth management services to private, institutional and corporate clients. Steve joined Maitland in Luxembourg in 1985, becoming a partner in 1987, and subsequently worked in the Paris office before moving to London in 2009. Prior to joining Maitland, he qualified as an attorney in South Africa. Steve has 25 years' experience in international tax planning and the structuring of international collective investment funds. He holds BCom and LLB degrees from the University of Stellenbosch and a HDip Company Law from the University of the Witwatersrand. He is a South African Attorney and Notary, a Solicitor, England and Wales and a Registered Legal Practitioner, Isle of Man. David Rodier, Chairman of African Copper, said, "On behalf of the directors, I welcome Steve to the Board. We all look forward to working with Steve, his knowledge and experience mean that he will make a strong contribution to our Board." Save as disclosed in the appendix to this release, there are no additional disclosures required under schedule 2(g) to the AIM Rules for Companies. For further information, please visit www.africancopper.com. Note: In accordance with Schedule 2 paragraph (g) of the AIM Rules, the Company discloses the following in respect of Steven Georgala: i. Full name: Steven Georgala ii. Age: 54 iii. Current directorships: Maitland International Holdings plc and various subsidiary companies Insinger de Beaufort Holdings SA Absolute Return Strategy SICAV IdB Manager Selection SICAV Multiple Managers SICAV Key Hedge Fund Inc Key Multi Strategy Fund Inc Key Global Inc Key Asia Holdings Inc Key Global Emerging Markets Inc Key Europe Inc Key Recovery Fund Inc Bridge Trust Co Limited iv.

smiler o - 01 Feb 2012 08:59 - 56 of 56

African Copper Plc: Additional USD5 Million Fac...
PIM
FOR: AFRICAN COPPER PLC AIM SYMBOL: ACU February 1, 2012 African Copper Plc: Additional USD5 Million Facility Secured from ZCI LONDON, UNITED KINGDOM--(Marketwire - Feb. 1, 2012) - African Copper Plc ("ACU" or "the Company") (AIM:ACU)(BOTSWANA:AFRICAN COPPER), the copper producer and exploration company focused on Botswana, announces that it has secured an additional loan of USD5 million from its controlling shareholder ZCI Limited ("ZCI"). The purpose of the new loan is to provide the Company with further working capital and to invest in its Mowana Mine facilities and operations. The new USD5 million loan from ZCI is a secured loan facility with an interest rate of 9.0%, repayable on 31 March 2013 (the "Facility"). Interest will be accrued and interest payments deferred until 31 March 2013. The terms and conditions of the Facility are on substantially similar terms to the previous term loans from ZCI. USD1 million will be invested in increasing the trucking of ore from the nearby Thakadu deposit to the Mowana facilities, USD2 million will be invested in a Larox Filter to be installed at Mowana to reduce moisture content in exported concentrate and USD2 million of the Facility will be used for general working capital purposes. Mining and processing at Mowana are making positive progress toward reaching commercial production levels and earning positive monthly cashflow. Both the Larox Filter and the increased Thakadu trucking campaign are key initiatives in the plan to become cash positive. As ZCI owns 84.19 per cent of African Copper's total issued ordinary share capital at the date of this announcement and is providing financing to the Company, the ZCI Loan falls within the definition of a related party transaction under Rule 13 of the AIM Rules for Companies. The independent directors of the Company consider, having consulted with nominated adviser Canaccord Genuity Limited, that the terms of the transactions are fair and reasonable insofar as its shareholders are concerned. For further information please visit www.africancopper.com. Notes to Editors: African Copper Plc is an AIM and Botswana 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. -30- FOR FURTHER INFORMATION PLEASE CONTACT: African Copper Plc Brad Kipp Chief Financial Officer +1 (416) 847 4866 bradk@africancopper.com OR Tavistock Communications (PR and IR) Simon Hudson +44 (0) 20 7920 3150 OR Canaccord Genuity (NOMAD and Broker) Andrew Chubb/Tarica Mpinga +44 (0) 20 7050 6500 -0- African Copper PLC
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